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 |
| 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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