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APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION

Sep, 30, 2022 — APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $6.12 million in total assets. Opened 87 years ago in 1936, APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION has about 951 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:951
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, 2022
FHLB Member:No
Low Income Designation:No
Assets:$6,121,262
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 915,384
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 355,183
 Other Loans 3,059,168
 TOTAL LOANS 3,414,351
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -50,222
 Land And Building 0
 Other Fixed Assets 10,397
 NCUSIF Deposit 46,532
 All Other Assets 0
  TOTAL ASSETS 6,121,262
LIABILITIES & CAPITAL:  
 Dividends Payable 7,428
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 7,333
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 108,006
 Regular shares 4,686,041
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,794,047
  TOTAL LIABILITIES 4,808,808
 Regular Reserve 0
 Other Reserves 242,000
 Undivided Earnings 1,070,454
  TOTAL EQUITY 1,312,454
  TOTAL LIABILITIES, SHARES, & EQUITY 6,121,262
INCOME & EXPENSE  
 Loan Income 107,945
 Investment Income 30,351
 Other Income 3,529
 Total Employee Compensation & Benefits 77,002
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 39,783
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 15,242
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 10,422
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