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ANG FEDERAL CREDIT UNION

Dec, 31, 2020 — ANG FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 1 branch location and about $22.34 million in total assets. Opened 64 years ago in 1957, ANG FEDERAL CREDIT UNION has about 1,921 members and employs 6 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:1,921
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:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$22,344,402
CEO/Manager:Horace M Hulsey
Chairperson:David L Wright

Call Report

  • Overdraft Lines of Credit
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,399,515
TOTAL INVESTMENTS 10,209,000
Loans Held for Sale 0
 
 Real Estate Loans 1,011,860
 Unsecured Loans 1,456,432
 Other Loans 5,580,307
 TOTAL LOANS 8,048,599
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,146
 Land And Building 331,517
 Other Fixed Assets 29,102
 NCUSIF Deposit 185,799
 All Other Assets 156,016
  TOTAL ASSETS 22,344,402
LIABILITIES & CAPITAL:  
 Dividends Payable 12,622
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 44,525
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,819,978
 Regular shares 13,821,601
 All Other Shares & Deposits 2,843,367
  TOTAL SHARES & DEPOSITS 20,484,946
  TOTAL LIABILITIES 20,542,093
 Regular Reserve 565,461
 Other Reserves 0
 Undivided Earnings 1,236,848
  TOTAL EQUITY 1,802,309
  TOTAL LIABILITIES, SHARES, & EQUITY 22,344,402
INCOME & EXPENSE  
 Loan Income 452,580
 Investment Income 173,843
 Other Income 131,916
 Total Employee Compensation & Benefits 346,458
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 336,049
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 5,917
 Cost of Funds 20,771
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 49,144
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