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PAN AMOCO FEDERAL CREDIT UNION

Jun, 30, 2021 — PAN AMOCO FEDERAL CREDIT UNION is a federal credit union headquartered in METAIRIE, LA with 1 branch location and about $9.56 million in total assets. Opened 68 years ago in 1953, PAN AMOCO FEDERAL CREDIT UNION has about 1,225 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 CAUSEWAY BLVD, SUITE 100
METAIRIE, LA 70002
Phone:(504) 832-5900
Fax:(504) 832-5937
Website:http://panamocofcu.com
Branches:1 branch locations
Members:1,225
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$9,560,669
CEO/Manager:BONNIE C GUZZARDI
Chairperson:PIERRE O BROUSSARD

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,008,799
TOTAL INVESTMENTS 3,810,784
Loans Held for Sale 0
 
 Real Estate Loans 140,977
 Unsecured Loans 614,489
 Other Loans 3,867,596
 TOTAL LOANS 4,623,062
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -10,886
 Land And Building 0
 Other Fixed Assets 38,072
 NCUSIF Deposit 66,967
 All Other Assets 23,871
  TOTAL ASSETS 9,560,669
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 4,276
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,369,948
 Regular shares 4,806,031
 All Other Shares & Deposits 1,408,593
  TOTAL SHARES & DEPOSITS 8,584,572
  TOTAL LIABILITIES 8,588,848
 Regular Reserve 207,355
 Other Reserves 0
 Undivided Earnings 764,466
  TOTAL EQUITY 971,821
  TOTAL LIABILITIES, SHARES, & EQUITY 9,560,669
INCOME & EXPENSE  
 Loan Income 96,543
 Investment Income 42,062
 Other Income 9,874
 Total Employee Compensation & Benefits 83,076
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 63,175
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -3,687
 Cost of Funds 2,875
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,141
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