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 |
| 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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