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 |
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 |
↑ Back to Top |