Mar, 31, 2021 — NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in anniston, AL with 1 branch location and about $16.05 million in total assets. Opened 65 years ago in 1956, NORTHEAST ALABAMA POSTAL FEDERAL CREDIT UNION has about 1,232 members and employs 3 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) | P O Box 1927 anniston, AL 36202 |
| Phone: | (256) 237-4259 |
| Fax: | (256) 237-5813 |
| Website: | http://www.neapfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,232 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,050,870 |
| CEO/Manager: | MARGARET E SIMMONS |
| Chairperson: | JERRY B CURRY |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,131,239 |
| TOTAL INVESTMENTS | 2,826,777 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,033,242 |
| Unsecured Loans | 281,142 |
| Other Loans | 5,480,846 |
| TOTAL LOANS | 9,795,230 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -48,561 |
| Land And Building | 183,302 |
| Other Fixed Assets | 13,132 |
| NCUSIF Deposit | 124,227 |
| All Other Assets | 25,524 |
| TOTAL ASSETS | 16,050,870 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,513 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,061,236 |
| All Other Shares & Deposits | 8,302,213 |
| TOTAL SHARES & DEPOSITS | 13,363,449 |
| TOTAL LIABILITIES | 13,378,962 |
| Regular Reserve | 298,209 |
| Other Reserves | 0 |
| Undivided Earnings | 2,373,699 |
| TOTAL EQUITY | 2,671,908 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,050,870 |
| INCOME & EXPENSE | |
| Loan Income | 110,729 |
| Investment Income | 1,573 |
| Other Income | 3,394 |
| Total Employee Compensation & Benefits | 36,975 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 39,295 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 23,791 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,017 |
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