JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.jppcu.org for more information.
Dec, 31, 2023 — JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION is a federally insured state chartered credit union headquartered in JACKSONVILLE, FL with 2 branch locations and about $43.34 million in total assets. Opened 33 years ago in 1991, JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION has about 2,455 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: | JACKSONVILLE POSTAL & PROFESSIONAL CREDIT UNION |
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Address: (Main Office) | 1820 ROGERO RD JACKSONVILLE, FL 32211-4115 |
Phone: | (904) 743-2555 |
Fax: | (904) 743-1048 |
Website: | https://www.jppcu.org |
Branches: | 2 branch locations |
Members: | 2,455 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67298 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1991 |
Last Audited: | Feb 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $43,341,881 |
CEO/Manager: | alma Threadcraft |
Chairperson: | Scott Carter |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,506,826 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,747,553 |
Unsecured Loans | 1,490,996 |
Other Loans | 5,517,790 |
TOTAL LOANS | 12,756,339 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -135,666 |
Land And Building | 57,000 |
Other Fixed Assets | 642 |
NCUSIF Deposit | 354,750 |
All Other Assets | 0 |
TOTAL ASSETS | 43,341,881 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 698,750 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,380,060 |
Regular shares | 23,390,979 |
All Other Shares & Deposits | 7,407,008 |
TOTAL SHARES & DEPOSITS | 36,178,047 |
TOTAL LIABILITIES | 36,876,797 |
Regular Reserve | 0 |
Other Reserves | 2,100,480 |
Undivided Earnings | 4,364,604 |
TOTAL EQUITY | 6,465,084 |
TOTAL LIABILITIES, SHARES, & EQUITY | 43,341,881 |
INCOME & EXPENSE | |
Loan Income | 472,676 |
Investment Income | 195,104 |
Other Income | 89,451 |
Total Employee Compensation & Benefits | 526,681 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,126,216 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,600 |
Cost of Funds | 60,979 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -851,278 |
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