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QUINCY POSTAL EMPLOYEES CREDIT UNION

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
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
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

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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