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POSTCITY FINANCIAL CREDIT UNION

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
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
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

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 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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