Dec, 31, 2023 — PINEY HILLS FEDERAL CREDIT UNION is a federal credit union headquartered in SIMSBORO, LA with 1 branch location and about $2.82 million in total assets. Opened 54 years ago in 1970, PINEY HILLS FEDERAL CREDIT UNION has about 368 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PINEY HILLS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2735 Martha St SIMSBORO, LA 71275 |
| Phone: | (318) 247-8077 |
| Fax: | (318) 247-8050 |
| Website: | https://www.pineyhillsfcu.org |
| Branches: | 1 branch locations |
| Members: | 368 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 20415 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1970 |
| Last Audited: | Aug 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $2,820,683 |
| CEO/Manager: | Shelia A Gilmore |
| Chairperson: | Payton R Mayfield |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 779,409 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 215,650 |
| Other Loans | 902,250 |
| TOTAL LOANS | 1,117,900 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,457 |
| Land And Building | 10,200 |
| Other Fixed Assets | 106 |
| NCUSIF Deposit | 25,372 |
| All Other Assets | 0 |
| TOTAL ASSETS | 2,820,683 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,408 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 330,926 |
| Regular shares | 2,038,613 |
| All Other Shares & Deposits | 24,258 |
| TOTAL SHARES & DEPOSITS | 2,393,797 |
| TOTAL LIABILITIES | 2,396,205 |
| Regular Reserve | 0 |
| Other Reserves | 79,633 |
| Undivided Earnings | 344,845 |
| TOTAL EQUITY | 424,478 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,820,683 |
| INCOME & EXPENSE | |
| Loan Income | 96,825 |
| Investment Income | 36,174 |
| Other Income | 31,234 |
| Total Employee Compensation & Benefits | 125,920 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 71,323 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 10,000 |
| Cost of Funds | 2,141 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -38,437 |
| ↑ Back to Top | |