Dec, 31, 2020 — APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, WV with 1 branch location and about $6.17 million in total assets. Opened 85 years ago in 1936, APPALACHIAN POWER EMPLOYEES FEDERAL CREDIT UNION has about 1,004 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 |
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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: | 1,004 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1463 |
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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: | $6,165,376 |
CEO/Manager: | ALECIA D GROSE |
Chairperson: | EDMOND L HORNBUCKLE III |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,634,339 |
TOTAL INVESTMENTS | 544,820 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 464,095 |
Other Loans | 3,481,340 |
TOTAL LOANS | 3,945,435 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -12,720 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 44,501 |
All Other Assets | 9,001 |
TOTAL ASSETS | 6,165,376 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 5,594 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 9,898 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 82,902 |
Regular shares | 4,769,655 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 4,852,557 |
TOTAL LIABILITIES | 4,868,049 |
Regular Reserve | 242,000 |
Other Reserves | 0 |
Undivided Earnings | 1,055,327 |
TOTAL EQUITY | 1,297,327 |
TOTAL LIABILITIES, SHARES, & EQUITY | 6,165,376 |
INCOME & EXPENSE | |
Loan Income | 193,241 |
Investment Income | 14,814 |
Other Income | 2,265 |
Total Employee Compensation & Benefits | 90,873 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 57,519 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 25,500 |
Cost of Funds | 31,355 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,073 |
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