Sep, 30, 2025 — APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $5.44 million in total assets. Opened 90 years ago in 1936, APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION has about 836 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1122 7TH AVE HUNTINGTON, WV 25701 |
| Phone: | (304) 696-1399 |
| Fax: | (304) 696-1397 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 836 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1463 |
|---|---|
| Membership Type: | Service - Communications and Utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Feb 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $5,438,189 |
| CEO/Manager: | ALECIA D GROSE |
| Chairperson: | James D Finley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 914,157 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 414,948 |
| Other Loans | 2,813,351 |
| TOTAL LOANS | 3,228,299 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,983 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 41,552 |
| All Other Assets | 0 |
| TOTAL ASSETS | 5,438,189 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 21,722 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 5,175 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 82,890 |
| Regular shares | 3,971,490 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 4,054,380 |
| TOTAL LIABILITIES | 4,081,277 |
| Regular Reserve | 0 |
| Other Reserves | 242,000 |
| Undivided Earnings | 1,114,912 |
| TOTAL EQUITY | 1,356,912 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 5,438,189 |
| INCOME & EXPENSE | |
| Loan Income | 145,306 |
| Investment Income | 44,328 |
| Other Income | 2,256 |
| Total Employee Compensation & Benefits | 78,394 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 43,902 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 63,981 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 6,023 |
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