Dec, 31, 2023 — CHARLESTON POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in CHARLESTON, WV with 1 branch location and about $4.99 million in total assets. Opened 99 years ago in 1925, CHARLESTON POSTAL FEDERAL CREDIT UNION has about 701 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.
| Name: | CHARLESTON POSTAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1000 CENTRE WAY CHARLESTON, WV 25309 |
| Phone: | (304) 746-5111 |
| Fax: | (304) 746-5112 |
| Website: | https://www.charlestonpostalfcu.com |
| Branches: | 1 branch locations |
| Members: | 701 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24743 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1925 |
| Last Audited: | Feb 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,992,900 |
| CEO/Manager: | GRETA M DUFFIELD |
| Chairperson: | William Erby |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 640,550 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,131,373 |
| Other Loans | 2,299,120 |
| TOTAL LOANS | 3,430,493 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -82,252 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 43,700 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,992,900 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 18,748 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 679,339 |
| Regular shares | 3,356,554 |
| All Other Shares & Deposits | 508,986 |
| TOTAL SHARES & DEPOSITS | 4,544,879 |
| TOTAL LIABILITIES | 4,563,627 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 429,273 |
| TOTAL EQUITY | 429,273 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,992,900 |
| INCOME & EXPENSE | |
| Loan Income | 274,617 |
| Investment Income | 34,208 |
| Other Income | 85,383 |
| Total Employee Compensation & Benefits | 196,881 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 130,768 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 55,000 |
| Cost of Funds | 6,574 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,244 |
| ↑ Back to Top | |