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APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $6.34 million in total assets. Opened 85 years ago in 1936, APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION has about 1,009 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 AVENUE
HUNTINGTON, WV 25701
Phone:(304) 696-1399
Fax:(304) 696-1397
Website:n/a
Branches:1 branch locations
Members:1,009
Credit Union Type:Federal Credit Union
Charter Number:1463
Membership Type:Service - Communications and Utilities
Corporate Credit Union:No
Year Opened:1936
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$6,344,675
CEO/Manager:ALECIA D GROSE
Chairperson:EDMOND L HORNBUCKLE III

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,892,127
TOTAL INVESTMENTS 544,820
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 416,337
 Other Loans 3,461,392
 TOTAL LOANS 3,877,729
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,367
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 44,501
 All Other Assets 8,865
  TOTAL ASSETS 6,344,675
LIABILITIES & CAPITAL:  
 Dividends Payable 5,564
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,448
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 152,758
 Regular shares 4,879,461
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 5,032,219
  TOTAL LIABILITIES 5,046,231
 Regular Reserve 242,000
 Other Reserves 0
 Undivided Earnings 1,056,444
  TOTAL EQUITY 1,298,444
  TOTAL LIABILITIES, SHARES, & EQUITY 6,344,675
INCOME & EXPENSE  
 Loan Income 45,494
 Investment Income 1,848
 Other Income 392
 Total Employee Compensation & Benefits 21,780
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 12,045
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,500
 Cost of Funds 5,564
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,117
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