Dec, 31, 2023 — QUINCY POSTAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in QUINCY, IL with 1 branch location and about $2.48 million in total assets. Opened 94 years ago in 1930, QUINCY POSTAL EMPLOYEES CREDIT UNION has about 355 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | QUINCY POSTAL EMPLOYEES CREDIT UNION |
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Address: (Main Office) | 3535 Locust st QUINCY, IL 62301-9997 |
Phone: | (217) 224-3188 |
Fax: | (217) 224-0620 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 355 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 63378 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1930 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,483,062 |
CEO/Manager: | randy e hughes |
Chairperson: | david f huseman |
ASSETS: | $ Amount |
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Cash & Equivalents | 197,683 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 191,259 |
Other Loans | 715,120 |
TOTAL LOANS | 906,379 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,279 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 23,699 |
All Other Assets | 0 |
TOTAL ASSETS | 2,483,062 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 987 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 135,382 |
Regular shares | 1,660,536 |
All Other Shares & Deposits | 383,493 |
TOTAL SHARES & DEPOSITS | 2,179,411 |
TOTAL LIABILITIES | 2,180,398 |
Regular Reserve | 0 |
Other Reserves | 164,030 |
Undivided Earnings | 138,634 |
TOTAL EQUITY | 302,664 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,483,062 |
INCOME & EXPENSE | |
Loan Income | 34,246 |
Investment Income | 59,742 |
Other Income | 450 |
Total Employee Compensation & Benefits | 30,009 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 28,639 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 14,381 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 22,757 |
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