Jun, 30, 2021 — POSTCITY FINANCIAL CREDIT UNION is a non-federally insured state credit union headquartered in Long Beach, CA with 4 branch locations and about $81.82 million in total assets. Opened 88 years ago in 1933, POSTCITY FINANCIAL CREDIT UNION has about 5,642 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | POSTCITY FINANCIAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. Box 91643 Long Beach, CA 90809-1643 |
| Phone: | (562) 498-6057 |
| Fax: | |
| Website: | http://www.postcitycu.org |
| Branches: | 4 branch locations |
| Members: | 5,642 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 86063 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Jun 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $81,817,429 |
| CEO/Manager: | Christine Haley |
| Chairperson: | Fred Souder |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,795,962 |
| TOTAL INVESTMENTS | 50,095,721 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 12,917,510 |
| Unsecured Loans | 1,394,608 |
| Other Loans | 7,874,709 |
| TOTAL LOANS | 22,186,827 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -58,015 |
| Land And Building | 2,063,525 |
| Other Fixed Assets | 129,921 |
| NCUSIF Deposit | 0 |
| All Other Assets | 3,603,488 |
| TOTAL ASSETS | 81,817,429 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 184,079 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,077,082 |
| Regular shares | 44,581,584 |
| All Other Shares & Deposits | 14,793,470 |
| TOTAL SHARES & DEPOSITS | 72,452,136 |
| TOTAL LIABILITIES | 72,636,215 |
| Regular Reserve | 1,512,553 |
| Other Reserves | 407,494 |
| Undivided Earnings | 7,261,167 |
| TOTAL EQUITY | 9,181,214 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 81,817,429 |
| INCOME & EXPENSE | |
| Loan Income | 510,367 |
| Investment Income | 329,466 |
| Other Income | 206,022 |
| Total Employee Compensation & Benefits | 363,072 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 554,350 |
| Non-operating Income & (Expense) | -802 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,334 |
| Cost of Funds | 58,928 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 79,981 |
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