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APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2021 — APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $6.02 million in total assets. Opened 86 years ago in 1936, APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION has about 990 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:990
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:$6,018,382
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 1,833,435
TOTAL INVESTMENTS 792,820
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 376,710
 Other Loans 3,017,622
 TOTAL LOANS 3,394,332
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -59,677
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 48,200
 All Other Assets 9,272
  TOTAL ASSETS 6,018,382
LIABILITIES & CAPITAL:  
 Dividends Payable 3,020
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,256
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 101,493
 Regular shares 4,603,582
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,705,075
  TOTAL LIABILITIES 4,716,351
 Regular Reserve 242,000
 Other Reserves 0
 Undivided Earnings 1,060,031
  TOTAL EQUITY 1,302,031
  TOTAL LIABILITIES, SHARES, & EQUITY 6,018,382
INCOME & EXPENSE  
 Loan Income 158,273
 Investment Income 7,598
 Other Income 3,453
 Total Employee Compensation & Benefits 87,852
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 50,738
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,500
 Cost of Funds 17,214
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 4,704
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