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 |
| 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 |
| ↑ Back to Top | |