Dec, 31, 2023 — NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in ANNISTON, AL with 1 branch location and about $14.68 million in total assets. Opened 68 years ago in 1956, NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION has about 1,242 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION |
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Address: (Main Office) | 200 S Quintard Ave ANNISTON, AL 36201 |
Phone: | (256) 237-4259 |
Fax: | (256) 237-5813 |
Website: | https://www.neapfcu.com |
Branches: | 1 branch locations |
Members: | 1,242 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11056 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $14,682,230 |
CEO/Manager: | Jon R Mills |
Chairperson: | DANA WILLIAMS |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,965,771 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 4,241,783 |
Unsecured Loans | 242,958 |
Other Loans | 5,223,087 |
TOTAL LOANS | 9,707,828 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -127,903 |
Land And Building | 177,349 |
Other Fixed Assets | 4,651 |
NCUSIF Deposit | 142,186 |
All Other Assets | 122,163 |
TOTAL ASSETS | 14,682,230 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 39,696 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 4,247,446 |
All Other Shares & Deposits | 8,055,449 |
TOTAL SHARES & DEPOSITS | 12,302,896 |
TOTAL LIABILITIES | 12,342,592 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,339,638 |
TOTAL EQUITY | 2,339,638 |
TOTAL LIABILITIES, SHARES, & EQUITY | 14,682,230 |
INCOME & EXPENSE | |
Loan Income | 496,007 |
Investment Income | 100,214 |
Other Income | -1,164 |
Total Employee Compensation & Benefits | 212,786 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 481,313 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 278,502 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -380,335 |
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