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ANG FEDERAL CREDIT UNION

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

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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