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ALLIED PLASTICS FEDERAL CREDIT UNION

Dec, 31, 2023 — ALLIED PLASTICS FEDERAL CREDIT UNION is a federal credit union headquartered in ZACHARY, LA with 0 branch location and about $21.26 million in total assets. Opened 67 years ago in 1957, ALLIED PLASTICS FEDERAL CREDIT UNION has about 1,661 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 265473281
Name:ALLIED PLASTICS FEDERAL CREDIT UNION
Address:
(Main Office)
1700 E Mount Pleasant Rd
ZACHARY, LA 70791-5919
Phone:(225) 775-1082
Fax:(225) 775-1151
Website:https://apfcu.net
Branches:0 branch locations
Members:1,661
Credit Union Type:Federal Credit Union
Charter Number:11906
Membership Type:Multiple common bond - Primarily chemical
Corporate Credit Union:No
Year Opened:1957
Last Audited:Apr 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$21,259,571
CEO/Manager:Joan M Rushing
Chairperson:William Whittington Jr.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,524,613
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 758,859
 Unsecured Loans 1,443,764
 Other Loans 9,289,387
 TOTAL LOANS 11,829,839
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -54,712
 Land And Building 0
 Other Fixed Assets 9,428
 NCUSIF Deposit 194,785
 All Other Assets 0
  TOTAL ASSETS 21,259,571
LIABILITIES & CAPITAL:  
 Dividends Payable 37,878
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 26,539
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,006,213
 Regular shares 7,231,135
 All Other Shares & Deposits 9,304,958
  TOTAL SHARES & DEPOSITS 17,542,306
  TOTAL LIABILITIES 17,606,723
 Regular Reserve 0
 Other Reserves -65,197
 Undivided Earnings 3,718,045
  TOTAL EQUITY 3,652,848
  TOTAL LIABILITIES, SHARES, & EQUITY 21,259,571
INCOME & EXPENSE  
 Loan Income 677,522
 Investment Income 258,062
 Other Income 98,936
 Total Employee Compensation & Benefits 145,108
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 380,565
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 22,999
 Cost of Funds 283,324
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 226,014
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