PACIFIC POSTAL CREDIT UNION
1040 LEIGH AVENUE, SAN JOSE, CA 951264152 www.ppcu.org

Total Revenue
$10,043,628
Total Expenses
$8,881,683
Net Assets
$33,918,429

Organizations Filed Purposes: PACIFIC POSTAL CREDIT UNION IS COMMITTED TO CREATING A BETTER LIFE FOR OUR MEMBER OWNERS BY BUILDING FINANCIAL PARTNERSHIPS AND PROVIDING COMPETITIVE SERVICES.

PACIFIC POSTAL CREDIT UNION BUILDS FINANCIAL PARTNERSHIPS AND PROVIDES COMPETITIVE SERVICES.

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.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Fardad KhosraviPRESIDENT & CEO40$259,095
Paul LindsleyCFO40$133,896
Kenneth KlingbeilSENIOR BRANCH MANAGER40$123,869
Karole MorikawaVP MARKETING40$115,668
Elsa PhamVP LENDING40$111,287
David ClarkIT MANAGER40$110,016
Inderjit ChahalDIRECTOR0.5$0
Roger SomerDIRECTOR0.5$0
Johanna RochaDIRECTOR0.5$0
Michael MedlinDIRECTOR0.5$0
Carol CroteauDIRECTOR0.5$0
Marie FurtadoSECRETARY/TREASURER0.5$0
Richard SilveriaVICE CHAIR0.5$0
Robert ScalettaCHAIR0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003219349324325_public.xml