Jun, 30, 2024 — ANG FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $25.25 million in total assets. Opened 68 years ago in 1957, ANG FEDERAL CREDIT UNION has about 1,859 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) | 5401 E Lake Blvd Bldg 630 BIRMINGHAM, AL 35217-3545 |
| Phone: | (205) 841-4525 |
| Fax: | (205) 841-4545 |
| Website: | https://www.angfcu.org |
| Branches: | 1 branch locations |
| Members: | 1,859 |
| 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: | May 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $25,246,384 |
| CEO/Manager: | Horace M Hulsey |
| Chairperson: | David L Wright |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,456,896 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 716,595 |
| Unsecured Loans | 1,279,445 |
| Other Loans | 6,688,082 |
| TOTAL LOANS | 8,684,122 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,326 |
| Land And Building | 307,236 |
| Other Fixed Assets | 6,494 |
| NCUSIF Deposit | 217,911 |
| All Other Assets | 0 |
| TOTAL ASSETS | 25,246,384 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 9,660 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 16,949 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,098,892 |
| Regular shares | 16,787,889 |
| All Other Shares & Deposits | 2,524,470 |
| TOTAL SHARES & DEPOSITS | 23,411,251 |
| TOTAL LIABILITIES | 23,437,860 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,808,524 |
| TOTAL EQUITY | 1,808,524 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 25,246,384 |
| INCOME & EXPENSE | |
| Loan Income | 323,488 |
| Investment Income | 112,009 |
| Other Income | 100,302 |
| Total Employee Compensation & Benefits | 263,471 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 246,264 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,345 |
| Cost of Funds | 18,959 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 23,095 |
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