Credit Unions Near Me
National Credit Union Service Organization

ACIPCO FEDERAL CREDIT UNION

Jun, 30, 2021 — ACIPCO FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 2 branch locations and about $179.40 million in total assets. Opened 57 years ago in 1964, ACIPCO FEDERAL CREDIT UNION has about 8,170 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 262087447
Name:ACIPCO FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 2727
BIRMINGHAM, AL 35202
Phone:(205) 328-4371
Fax:(205) 251-1513
Website:http://www.acipcofcu.org
Branches:2 branch locations
Members:8,170
Credit Union Type:Federal Credit Union
Charter Number:16500
Membership Type:Manufacturing - Primary and Fabricated Metals
Corporate Credit Union:No
Year Opened:1964
Last Audited:Jun 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$179,400,877
CEO/Manager:Jo Alvis
Chairperson:Mike Kitchens

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 24,500,772
TOTAL INVESTMENTS 31,023,242
Loans Held for Sale 0
 
 Real Estate Loans 79,781,770
 Unsecured Loans 5,083,795
 Other Loans 29,909,383
 TOTAL LOANS 114,774,948
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -260,348
 Land And Building 2,608,256
 Other Fixed Assets 100,247
 NCUSIF Deposit 1,384,275
 All Other Assets 5,269,485
  TOTAL ASSETS 179,400,877
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 531,059
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 17,437,361
 Regular shares 35,195,130
 All Other Shares & Deposits 101,920,297
  TOTAL SHARES & DEPOSITS 154,552,788
  TOTAL LIABILITIES 155,083,847
 Regular Reserve 4,696,292
 Other Reserves -2,098,534
 Undivided Earnings 21,719,272
  TOTAL EQUITY 24,317,030
  TOTAL LIABILITIES, SHARES, & EQUITY 179,400,877
INCOME & EXPENSE  
 Loan Income 2,791,619
 Investment Income 150,604
 Other Income 139,362
 Total Employee Compensation & Benefits 776,591
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 747,845
 Non-operating Income & (Expense) -80,490
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,721
 Cost of Funds 427,489
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,350,372
↑ Back to Top

Other Credit Unions

NRS COMMUNITY DEVELOPMENT FEDERAL CREDIT UNION
PO BOX 130520
BIRMINGHAM, AL 35213
O'NEAL CREDIT UNION
P O BOX 2623
BIRMINGHAM, AL 35202
ALABAMA POSTAL CREDIT UNION
P.O. 11627
BIRMINGHAM, AL 35202
BIRMINGHAM CITY CREDIT UNION
708 17TH ST N
BIRMINGHAM, AL 35203-2020
FIREMAN'S CREDIT UNION
1808 7TH AVE N
BIRMINGHAM, AL 35203-2201
S R I EMPLOYEES FEDERAL CREDIT UNION
2011 9th Ave S Ste 200C
BIRMINGHAM, AL 35205-2709
SOCIAL SECURITY CREDIT UNION
PO BOX 937
BIRMINGHAM, AL 35201
FEDERAL EMPLOYEES CREDIT UNION
1509 4TH AVE S
BIRMINGHAM, AL 35233-1612
HEALTH CREDIT UNION
1400 6TH Ave S
BIRMINGHAM, AL 35233
ALABAMA LAW ENFORCEMENT CREDIT UNION
3712 4th Ave S
BIRMINGHAM, AL 35222-2420