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ANG FEDERAL CREDIT UNION

Sep, 30, 2022 — 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 66 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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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