Dec, 31, 2023 — FRESNO POLICE DEPARTMENT CREDIT UNION is a non-federally insured state credit union headquartered in FRESNO, CA with 1 branch location and about $50.30 million in total assets. Opened 70 years ago in 1954, FRESNO POLICE DEPARTMENT CREDIT UNION has about 2,617 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FRESNO POLICE DEPARTMENT CREDIT UNION |
|---|---|
| Address: (Main Office) | 1004 N Van Ness Ave FRESNO, CA 93728-3430 |
| Phone: | (559) 233-1788 |
| Fax: | |
| Website: | https://www.fpdcu.org |
| Branches: | 1 branch locations |
| Members: | 2,617 |
| Credit Union Type: | Non-Federally Insured State Credit Union |
| Charter Number: | 97096 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $50,298,529 |
| CEO/Manager: | Bob Shaffer |
| Chairperson: | John Jensen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,314,927 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,794,996 |
| Unsecured Loans | 2,372,925 |
| Other Loans | 8,741,968 |
| TOTAL LOANS | 13,909,889 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,029 |
| Land And Building | 200,866 |
| Other Fixed Assets | 231,882 |
| NCUSIF Deposit | 0 |
| All Other Assets | 0 |
| TOTAL ASSETS | 50,298,529 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 559,931 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,241,076 |
| Regular shares | 17,180,642 |
| All Other Shares & Deposits | 13,515,189 |
| TOTAL SHARES & DEPOSITS | 38,936,907 |
| TOTAL LIABILITIES | 39,496,838 |
| Regular Reserve | 0 |
| Other Reserves | 45,000 |
| Undivided Earnings | 10,756,691 |
| TOTAL EQUITY | 10,801,691 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 50,298,529 |
| INCOME & EXPENSE | |
| Loan Income | 615,556 |
| Investment Income | 657,990 |
| Other Income | 91,164 |
| Total Employee Compensation & Benefits | 503,806 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 666,622 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,886 |
| Cost of Funds | 121,314 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 207,224 |
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