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PAN AMOCO FEDERAL CREDIT UNION

Jun, 30, 2024 — PAN AMOCO FEDERAL CREDIT UNION is a federal credit union headquartered in METAIRIE, LA with 1 branch location and about $9.12 million in total assets. Opened 72 years ago in 1953, PAN AMOCO FEDERAL CREDIT UNION has about 1,191 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PAN AMOCO FEDERAL CREDIT UNION
Address:
(Main Office)
3500 N Causeway Blvd Ste 100
METAIRIE, LA 70002-3520
Phone:(504) 832-5900
Fax:(504) 832-5937
Website:https://panamocofcu.com
Branches:1 branch locations
Members:1,191
Credit Union Type:Federal Credit Union
Charter Number:8920
Membership Type:Multiple common bond - Primarily petroleum refining
Corporate Credit Union:No
Year Opened:1953
Last Audited:Jan 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$9,117,710
CEO/Manager:BONNIE C GUZZARDI
Chairperson:PIERRE O BROUSSARD

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents -16,976
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 117,769
 Unsecured Loans 670,167
 Other Loans 3,696,302
 TOTAL LOANS 4,484,238
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -9,697
 Land And Building 0
 Other Fixed Assets 35,079
 NCUSIF Deposit 74,512
 All Other Assets 20,160
  TOTAL ASSETS 9,117,710
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,164
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,003,311
 Regular shares 4,673,363
 All Other Shares & Deposits 1,489,195
  TOTAL SHARES & DEPOSITS 8,165,869
  TOTAL LIABILITIES 8,170,033
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 947,677
  TOTAL EQUITY 947,677
  TOTAL LIABILITIES, SHARES, & EQUITY 9,117,710
INCOME & EXPENSE  
 Loan Income 136,232
 Investment Income 50,384
 Other Income 11,567
 Total Employee Compensation & Benefits 124,539
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 91,457
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,486
 Cost of Funds 4,263
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -22,952
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