Organization: PACIFIC POSTAL CREDIT UNION
Mission: PACIFIC POSTAL CREDIT UNION BUILDS FINANCIAL PARTNERSHIPS AND PROVIDES COMPETITIVE SERVICES.
Activities: PACIFIC POSTAL CREDIT UNION PROVIDES CONSUMER FINANCIAL SERVICES TO POSTAL AND CIVIL SERVICE EMPLOYEES AND THEIR FAMILIES IN A DESIGNATED GEOGRAPHICAL AREA IN CALIFORNIA. THE CREDIT UNION PROVIDES A VAST ARRAY OF LOAN PRODUCTS TO MEMBERS AT COMPETITIVE MARKET RATES AND LOWER THAN MARKET FEES. DURING 2019, THE CREDIT UNION PROVIDED A TOTAL OF $43,244,146 IN LOAN DOLLARS TO ITS MEMBERS.
THE CREDIT UNION PROVIDES DEPOSIT SERVICES TO MEMBERS AT LOWER THAN MARKET FEES. DURING 2019, MEMBERS DECREASED THEIR DEPOSIT ACCOUNTS BY $1,084,892. TOTAL MEMBERSHIP OF THE CREDIT UNION WAS 14,119 AT DECEMBER 31, 2019.
FOR THE YEAR ENDED DECEMBER 31, 2018 THE PERCENTAGE OF FEE INCOME EARNED AS A PERCENTAGE OF TOTAL INCOME WAS 10.07%, WHICH IS LESS THAN HALF OF THE INDUSTRY STANDARD.
NTEE category: Mutual & Membership Benefit