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 |
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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 |
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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 |
ASSETS: | $ Amount |
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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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