Mar, 31, 2022 — ANG FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $23.65 million in total assets. Opened 65 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: | http://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: | Feb 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,651,207 |
| CEO/Manager: | Horace M Hulsey |
| Chairperson: | David L Wright |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 815,525 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 792,824 |
| Unsecured Loans | 1,260,302 |
| Other Loans | 6,185,100 |
| TOTAL LOANS | 8,238,226 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -24,382 |
| Land And Building | 314,173 |
| Other Fixed Assets | 12,671 |
| NCUSIF Deposit | 203,829 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,651,207 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 6,826 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 21,194 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,257,131 |
| Regular shares | 16,027,448 |
| All Other Shares & Deposits | 2,567,447 |
| TOTAL SHARES & DEPOSITS | 21,852,026 |
| TOTAL LIABILITIES | 21,880,046 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,771,161 |
| TOTAL EQUITY | 1,771,161 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,651,207 |
| INCOME & EXPENSE | |
| Loan Income | 105,893 |
| Investment Income | 30,417 |
| Other Income | 35,047 |
| Total Employee Compensation & Benefits | 80,438 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 82,471 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 19,500 |
| Cost of Funds | 5,924 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -14,268 |
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