Dec, 31, 2023 — GOVERNMENT PRINTING OFFICE FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 1 branch location and about $28.20 million in total assets. Opened 89 years ago in 1935, GOVERNMENT PRINTING OFFICE FEDERAL CREDIT UNION has about 4,106 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GOVERNMENT PRINTING OFFICE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 732 N Capitol ST NW WASHINGTON, DC 20401-0002 |
| Phone: | (202) 512-1067 |
| Fax: | (202) 289-1790 |
| Website: | https://www.gpofcu.org |
| Branches: | 1 branch locations |
| Members: | 4,106 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 538 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Jan 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $28,202,680 |
| CEO/Manager: | Stephanie Covington |
| Chairperson: | Robert Freeman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,709,548 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,358,085 |
| Unsecured Loans | 3,578,450 |
| Other Loans | 5,094,022 |
| TOTAL LOANS | 17,030,557 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -91,320 |
| Land And Building | 0 |
| Other Fixed Assets | 6,589 |
| NCUSIF Deposit | 262,433 |
| All Other Assets | 0 |
| TOTAL ASSETS | 28,202,680 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 14,984 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,204,760 |
| Regular shares | 13,289,702 |
| All Other Shares & Deposits | 6,368,066 |
| TOTAL SHARES & DEPOSITS | 25,862,529 |
| TOTAL LIABILITIES | 25,877,513 |
| Regular Reserve | 0 |
| Other Reserves | -32,026 |
| Undivided Earnings | 2,357,193 |
| TOTAL EQUITY | 2,325,167 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,202,680 |
| INCOME & EXPENSE | |
| Loan Income | 856,848 |
| Investment Income | 199,628 |
| Other Income | 543,723 |
| Total Employee Compensation & Benefits | 659,676 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 944,715 |
| Non-operating Income & (Expense) | -84,638 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 59,786 |
| Cost of Funds | 55,921 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -156,080 |
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