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NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION

Sep, 30, 2022 — NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in ANNISTON, AL with 1 branch location and about $17.33 million in total assets. Opened 67 years ago in 1956, NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION has about 1,240 members and employs 5 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
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:1,240
Credit Union Type:Federal Credit Union
Charter Number:11056
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:$17,325,538
CEO/Manager:Chandler Campbell
Chairperson:Bruce Tankersly

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 712,393
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,279,614
 Unsecured Loans 176,544
 Other Loans 5,794,523
 TOTAL LOANS 10,250,681
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -49,792
 Land And Building 179,607
 Other Fixed Assets 6,829
 NCUSIF Deposit 148,302
 All Other Assets 0
  TOTAL ASSETS 17,325,538
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 26,888
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,911,654
 All Other Shares & Deposits 8,605,226
  TOTAL SHARES & DEPOSITS 14,516,880
  TOTAL LIABILITIES 14,543,768
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,781,770
  TOTAL EQUITY 2,781,770
  TOTAL LIABILITIES, SHARES, & EQUITY 17,325,538
INCOME & EXPENSE  
 Loan Income 334,109
 Investment Income 24,060
 Other Income 7,641
 Total Employee Compensation & Benefits 154,018
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 116,975
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 43,534
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 52,601
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