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ANG FEDERAL CREDIT UNION

Mar, 31, 2021 — ANG FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $22.38 million in total assets. Opened 64 years ago in 1957, ANG FEDERAL CREDIT UNION has about 1,907 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:ANG FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 170204
BIRMINGHAM, AL 35217-0204
Phone:(205) 841-4525
Fax:(205) 841-4545
Website:http://www.angfcu.org
Branches:1 branch locations
Members:1,907
Credit Union Type:Federal Credit Union
Charter Number:11975
Membership Type:Multiple common bond - Primarily military
Corporate Credit Union:No
Year Opened:1957
Last Audited:Feb 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$22,378,159
CEO/Manager:Horace M Hulsey
Chairperson:David L Wright

Call Report

  • Overdraft Lines of Credit
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,674,243
TOTAL INVESTMENTS 10,957,000
Loans Held for Sale 0
 
 Real Estate Loans 1,012,755
 Unsecured Loans 1,356,703
 Other Loans 5,707,840
 TOTAL LOANS 8,077,298
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,698
 Land And Building 328,049
 Other Fixed Assets 25,253
 NCUSIF Deposit 185,799
 All Other Assets 148,215
  TOTAL ASSETS 22,378,159
LIABILITIES & CAPITAL:  
 Dividends Payable 11,950
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 146,325
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,626,329
 Regular shares 14,276,449
 All Other Shares & Deposits 2,508,512
  TOTAL SHARES & DEPOSITS 20,411,290
  TOTAL LIABILITIES 20,569,565
 Regular Reserve 565,461
 Other Reserves 0
 Undivided Earnings 1,243,133
  TOTAL EQUITY 1,808,594
  TOTAL LIABILITIES, SHARES, & EQUITY 22,378,159
INCOME & EXPENSE  
 Loan Income 108,742
 Investment Income 33,770
 Other Income 30,060
 Total Employee Compensation & Benefits 81,050
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 80,822
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,300
 Cost of Funds 5,251
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 6,284
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