Sep, 30, 2022 — POSTCITY FINANCIAL CREDIT UNION is a non-federally insured state credit union headquartered in LONG BEACH, CA with 3 branch locations and about $82.30 million in total assets. Opened 90 years ago in 1933, POSTCITY FINANCIAL CREDIT UNION has about 5,156 members and employs 14 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: | https://www.postcitycu.org |
| Branches: | 3 branch locations |
| Members: | 5,156 |
| 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, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $82,302,922 |
| CEO/Manager: | Christine Haley |
| Chairperson: | Fred Souder |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,907,852 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,487,357 |
| Unsecured Loans | 1,513,802 |
| Other Loans | 7,491,349 |
| TOTAL LOANS | 22,492,508 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -23,359 |
| Land And Building | 2,009,311 |
| Other Fixed Assets | 63,101 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 82,302,922 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 162,366 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,018,296 |
| Regular shares | 46,302,252 |
| All Other Shares & Deposits | 14,115,675 |
| TOTAL SHARES & DEPOSITS | 73,436,223 |
| TOTAL LIABILITIES | 73,598,589 |
| Regular Reserve | 0 |
| Other Reserves | 1,740,995 |
| Undivided Earnings | 6,963,338 |
| TOTAL EQUITY | 8,704,333 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 82,302,922 |
| INCOME & EXPENSE | |
| Loan Income | 749,845 |
| Investment Income | 438,863 |
| Other Income | 354,977 |
| Total Employee Compensation & Benefits | 806,883 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 871,620 |
| Non-operating Income & (Expense) | -2,175 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -21,546 |
| Cost of Funds | 86,124 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -298,377 |
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