Dec, 31, 2021 — POSTCITY FINANCIAL CREDIT UNION is a non-federally insured state credit union headquartered in LONG BEACH, CA with 4 branch locations and about $83.07 million in total assets. Opened 89 years ago in 1933, POSTCITY FINANCIAL CREDIT UNION has about 5,307 members and employs 11 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 |
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Address: (Main Office) | 3738 Bayer Ave Unit 102 LONG BEACH, CA 90808 |
Phone: | (562) 498-6057 |
Fax: | |
Website: | http://www.postcitycu.org |
Branches: | 4 branch locations |
Members: | 5,307 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 86063 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1933 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $83,074,961 |
CEO/Manager: | Christine Haley |
Chairperson: | Fred Souder |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,791,772 |
TOTAL INVESTMENTS | 50,686,005 |
Loans Held for Sale | 0 |
Real Estate Loans | 12,692,120 |
Unsecured Loans | 1,375,607 |
Other Loans | 7,028,526 |
TOTAL LOANS | 21,096,253 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,672 |
Land And Building | 2,041,082 |
Other Fixed Assets | 104,542 |
NCUSIF Deposit | 0 |
All Other Assets | 3,375,979 |
TOTAL ASSETS | 83,074,961 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 271,771 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 12,543,525 |
Regular shares | 45,095,201 |
All Other Shares & Deposits | 15,982,702 |
TOTAL SHARES & DEPOSITS | 73,621,428 |
TOTAL LIABILITIES | 73,893,199 |
Regular Reserve | 1,512,553 |
Other Reserves | 407,494 |
Undivided Earnings | 7,261,715 |
TOTAL EQUITY | 9,181,762 |
TOTAL LIABILITIES, SHARES, & EQUITY | 83,074,961 |
INCOME & EXPENSE | |
Loan Income | 988,289 |
Investment Income | 635,500 |
Other Income | 440,194 |
Total Employee Compensation & Benefits | 769,136 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,163,022 |
Non-operating Income & (Expense) | -5,502 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -29,042 |
Cost of Funds | 117,810 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 80,528 |
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