POSTAL FAMILY CREDIT UNION, INC. – 97079

POSTAL FAMILY CREDIT UNION, INC. Financial Reports

Quarter Ended: 2024/12/31

Data Updated on: 2024/10/17

POSTAL FAMILY CREDIT UNION, INC. is a NFICU, and supervised by the National Credit Union Administration (NCUA) located in CINCINNATI, OH. Established on 1932, the credit union is regulated by the NCUA and has 2 branches.

The bank has 1 employees and holds 64,051,007 in total assets. With a focus on Non-Federal Credit Union customers, the bank has been serving its customers since 1932.

Learn more about POSTAL FAMILY CREDIT UNION, INC. on Visbanking Report Portal. See pricing on Visbanking Pricing Page or request a demo on Request Demo Page. Follow us on Linkedin for more information about the US Banking System Visbanking Linkedin Page for the latest updates.

Talk with the Founder

POSTAL FAMILY CREDIT UNION, INC. Institution Profile

Type of Membership Non-Federal Credit Union
Number of Full-Time Employees 10
Date Established 1932
Number of Part-Time Employees 1
Type of Credit Union NFICU
City CINCINNATI
Number of Current Members 4355
ZIP Code 45250-0403
State OH
Street Address P O BOX 14403
Official Website http://urmycu.com
Peer Group Category 4 – $50,000,000 to less than $100,000,000
President’s Name Tom Crowley
CEO Name Rudolph J Rattman Jr
Join Number 15660
Net Worth Classification Well Capitalized
Institution RSSDID 966991
Number Of Branches 2
Bond Provider Other

Institution Profile Overview

The organization operates under the Membership Type of “Non-Federal Credit Union” and was Chartered on “1932”. It is classified as a NFICU, with Number of Members totaling “4355”. The institution is based in State: “OH”, within the City: “CINCINNATI”, and can be found at Street: “P O BOX 14403”, ZIP Code: “45250-0403”.

The institution employs “10” Full-time Employees and “1” Part-time Employees, ensuring smooth operations. It belongs to the Peer Group “4 – $50,000,000 to less than $100,000,000”, reflecting its size and scope of activities. The Net Worth Classification places it in the “Well Capitalized” category.

Leadership is guided by PRESIDENT: “Tom Crowley” and CEO: “Rudolph J Rattman Jr”, ensuring strategic direction and oversight. Additional identifiers include a Join Number of “15660” and RSSD Number of “966991”. The organization’s online presence is accessible via its Website: “http://urmycu.com”.

POSTAL FAMILY CREDIT UNION, INC. Financials

(USD, in thousands)

Total Assets $64,051
Total NonInterest Income $500
Total Liabilities $53,087
Total Interest Expense $173
Total Shares and Deposits $52,482
Total NonInterest Expense $2,238
Total Equity $10,964
Total Net Worth $11,054
Total Interest Income $2,775
Net Worth Ratio 17.23%
Total amount of Loans and Leases $36,438
Total number of Loans and Leases 2,054

Financial Performance Overview

Gain a comprehensive perspective on POSTAL FAMILY CREDIT UNION, INC.’s financial landscape through our “Financials” table. The bank boasts total assets of $64,051,007k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the credit union’s financial structure and stability, with total liabilities standing at $53,086,724k and total equity at $10,964,283k.

Delve into key operational metrics, including total shares and deposits of $52,482,477k, total loans and leases at $36,438,327k, and a meticulous analysis of income and expense components. This detailed financial overview is designed to enhance your understanding of POSTAL FAMILY CREDIT UNION, INC.’s performance and competitive positioning within the financial industry.

POSTAL FAMILY CREDIT UNION, INC. Additional Financial Information

Net Interest Income 2,601,797.00
Loans Held for Sale 0.00
Net Interest Margin (as a % of Average Assets) 4.01
Other Non‐Performing Assets (as % of Total Assets) 0.00
All Other Assets (Total) 846,685.00
Total Cash on Deposit (Amounts Deposited in Financial Institutions) 3,983,841.00
Net Worth Growth 4.62
Total INVESTMENT SECURITIES 9,300,000.00
Share Growth -3.30
TOTAL OTHER INVESTMENTS 2,829,106.00
Loan Growth -4.97
Total Foreclosed and Repossessed Assets 0.00
Asset Growth -2.40
Total Credit Loss Expense 286,293.00
Investment Growth 2.62
NET INCOME (LOSS) 580,998.00
Membership Growth -4.71
Loans‐to‐Assets Ratio 56.89
Return on Average Assets (ROAA) 0.90
Cash & Short‐Term Investments (as % of Assets) 22.22
Net Income (Excluding Extraordinary Items) / Average Assets 0.92
Risk‐Based Capital Ratio N/A
Non‐Interest Expense (as % of Average Assets) 3.45
GAAP Equity (as % of Total Assets) 17.12
Provision for Loan or Credit Losses (as % of Average Assets) 0.44
Loan Loss Ratio 0.33
Total Gain (Loss) on Investments -12,962.00
Efficiency Ratio 68.05
Regulatory Net Worth Ratio 1,723.00
Adjusted Net Worth Ratio 17.99

Insights into Financial Metrics

Enhance your understanding of POSTAL FAMILY CREDIT UNION, INC.‘s financial standing through our Additional Financial Information table. Explore key metrics such as Total Loans and Leases: $36,438,327k and Net Interest Income: $0k to gain valuable insights into the credit union’s core operations and revenue streams.

Delve into the intricacies of Loan Loss Ratio 0.3333 to evaluate the credit union’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $500,411k and evaluate operational efficiency using metrics like Efficiency Ratio: 68.0549. This nuanced financial overview empowers a comprehensive analysis of POSTAL FAMILY CREDIT UNION, INC.‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of POSTAL FAMILY CREDIT UNION, INC.?

The asset size of POSTAL FAMILY CREDIT UNION, INC. is approximately $64,051,007k, reflecting the credit union’s scale and market presence.

What type of bond does POSTAL FAMILY CREDIT UNION, INC. have?

POSTAL FAMILY CREDIT UNION, INC. has a bond provided by Other, which ensures certain financial securities to its members.

How many members does POSTAL FAMILY CREDIT UNION, INC. currently have?

The credit union currently serves 4355 members, indicating its reach and community impact.

What is the total number of employees at POSTAL FAMILY CREDIT UNION, INC.?

There are 11 employees at POSTAL FAMILY CREDIT UNION, INC., including both full-time and part-time staff, supporting its operations and member services.

Where is POSTAL FAMILY CREDIT UNION, INC. located and how many branches does it have?

POSTAL FAMILY CREDIT UNION, INC. is located in CINCINNATI, OH, and operates 2 branches.

What is the net worth ratio of POSTAL FAMILY CREDIT UNION, INC.?

The net worth ratio, a key indicator of financial strength, for POSTAL FAMILY CREDIT UNION, INC. is 1723%.

What is the total value of loans and deposits at POSTAL FAMILY CREDIT UNION, INC.?

The credit union holds $36,438,327k in loans and $52,482,477k in deposits, reflecting its lending and saving activities.

What does POSTAL FAMILY CREDIT UNION, INC.’s investment portfolio look like?

The credit union’s investment portfolio includes total investment securities and other investments, showcasing strategic asset allocation.

Who are the leaders of POSTAL FAMILY CREDIT UNION, INC.?

Leadership at POSTAL FAMILY CREDIT UNION, INC. is provided by President Tom Crowley and CEO Rudolph J Rattman Jr, guiding strategic decisions and operations.