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PEORIA POSTAL EMPLOYEES CREDIT UNION

Dec, 31, 2023 — PEORIA POSTAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in PEORIA, IL with 1 branch location and about $12.34 million in total assets. Opened 96 years ago in 1928, PEORIA POSTAL EMPLOYEES CREDIT UNION has about 1,194 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:PEORIA POSTAL EMPLOYEES CREDIT UNION
Address:
(Main Office)
95 State St Rm 34
PEORIA, IL 61601-9906
Phone:(309) 673-8832
Fax:(309) 673-5246
Website:https://www.ppecu.info
Branches:1 branch locations
Members:1,194
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60863
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1928
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$12,342,077
CEO/Manager:Stephen B Rowe
Chairperson:Gene L Sharp

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 397,514
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 779,313
 Other Loans 5,781,349
 TOTAL LOANS 6,560,662
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -116,530
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 101,713
 All Other Assets 0
  TOTAL ASSETS 12,342,077
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 43,155
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,317,494
 Regular shares 6,643,043
 All Other Shares & Deposits 1,780,655
  TOTAL SHARES & DEPOSITS 9,741,192
  TOTAL LIABILITIES 9,784,347
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,557,730
  TOTAL EQUITY 2,557,730
  TOTAL LIABILITIES, SHARES, & EQUITY 12,342,077
INCOME & EXPENSE  
 Loan Income 356,224
 Investment Income 116,181
 Other Income 56,968
 Total Employee Compensation & Benefits 233,048
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 172,997
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 31,300
 Cost of Funds 102,405
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,843
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