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POSTCITY FINANCIAL CREDIT UNION

Mar, 31, 2022 — POSTCITY FINANCIAL CREDIT UNION is a non-federally insured state credit union headquartered in LONG BEACH, CA with 3 branch locations and about $86.28 million in total assets. Opened 89 years ago in 1933, POSTCITY FINANCIAL CREDIT UNION has about 5,280 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)
3738 Bayer Ave Unit 102
LONG BEACH, CA 90808
Phone:(562) 498-6057
Fax:
Website:http://www.postcitycu.org
Branches:3 branch locations
Members:5,280
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$86,284,423
CEO/Manager:Christine Haley
Chairperson:Fred Souder

Call Report

  • Credit Builder
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,036,607
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 12,840,220
 Unsecured Loans 1,393,992
 Other Loans 8,473,403
 TOTAL LOANS 22,707,615
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -42,247
 Land And Building 2,030,492
 Other Fixed Assets 90,974
 NCUSIF Deposit 0
 All Other Assets 0
  TOTAL ASSETS 86,284,423
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 239,322
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,318,324
 Regular shares 47,086,719
 All Other Shares & Deposits 16,582,369
  TOTAL SHARES & DEPOSITS 76,987,412
  TOTAL LIABILITIES 77,226,734
 Regular Reserve 0
 Other Reserves 1,853,522
 Undivided Earnings 7,204,167
  TOTAL EQUITY 9,057,689
  TOTAL LIABILITIES, SHARES, & EQUITY 86,284,423
INCOME & EXPENSE  
 Loan Income 238,914
 Investment Income 140,066
 Other Income 113,530
 Total Employee Compensation & Benefits 258,638
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 267,732
 Non-operating Income & (Expense) 163
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -19,134
 Cost of Funds 28,667
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -57,548
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