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NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION

Sep, 30, 2025 — NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in ANNISTON, AL with 1 branch location and about $13.39 million in total assets. Opened 70 years ago in 1956, NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION has about 1,247 members 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
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:1,247
Credit Union Type:Federal Credit Union
Charter Number:11056
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1956
Last Audited:Aug 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$13,393,002
CEO/Manager:Steven B Matson
Chairperson:Steve Madeley

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,296,998
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 5,215,519
 Unsecured Loans 434,585
 Other Loans 3,525,182
 TOTAL LOANS 9,693,144
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -109,228
 Land And Building 157,803
 Other Fixed Assets 1,693
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 112,322
 All Other Assets 37,771
  TOTAL ASSETS 13,393,002
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 485
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,386,799
 All Other Shares & Deposits 6,817,616
  TOTAL SHARES & DEPOSITS 11,204,415
  TOTAL LIABILITIES 11,204,900
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,188,102
  TOTAL EQUITY 2,188,102
  TOTAL LIABILITIES, SHARES, & EQUITY 13,393,002
INCOME & EXPENSE  
 Loan Income 478,461
 Investment Income 87,814
 Other Income 21,377
 Total Employee Compensation & Benefits 132,444
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 231,652
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 239,947
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -14,940
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