Sep, 30, 2025 — APPLE FEDERAL CREDIT UNION is a federal credit union headquartered in FAIRFAX, VA with 24 branch locations and about $5.33 billion in total assets. Opened 70 years ago in 1956, APPLE FEDERAL CREDIT UNION has about 268,907 members and employs 607 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | APPLE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4097 Monument Corner Dr FAIRFAX, VA 22030-8640 |
| Phone: | (703) 788-4800 |
| Fax: | |
| Website: | https://www.applefcu.org |
| Branches: | 24 branch locations |
| Members: | 268,907 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11307 |
|---|---|
| Membership Type: | Multiple common bond - Primarily educational |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $5,333,284,748 |
| CEO/Manager: | Andrew C Grimm |
| Chairperson: | Calanthia R Tucker |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 397,714,546 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,105,935,357 |
| Unsecured Loans | 328,548,382 |
| Other Loans | 868,943,334 |
| TOTAL LOANS | 3,303,427,073 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,743,509 |
| Land And Building | 81,069,717 |
| Other Fixed Assets | 17,440,681 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 38,892,330 |
| All Other Assets | 1,421,615 |
| TOTAL ASSETS | 5,333,284,748 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,007 |
| Notes & Interest Payable | 368,200,000 |
| Accounts Payable & Other Liabilities | 60,131,913 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 884,663,285 |
| Regular shares | 864,163,895 |
| All Other Shares & Deposits | 2,681,621,880 |
| TOTAL SHARES & DEPOSITS | 4,430,449,060 |
| TOTAL LIABILITIES | 4,858,783,980 |
| Regular Reserve | 0 |
| Other Reserves | -16,277,242 |
| Undivided Earnings | 490,778,010 |
| TOTAL EQUITY | 474,500,768 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,333,284,748 |
| INCOME & EXPENSE | |
| Loan Income | 154,794,259 |
| Investment Income | 37,515,105 |
| Other Income | 13,369,781 |
| Total Employee Compensation & Benefits | 60,432,841 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 42,502,724 |
| Non-operating Income & (Expense) | -52,630 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,326,257 |
| Cost of Funds | 76,008,200 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 33,250,526 |
| ↑ Back to Top | |