Dec, 31, 2023 — ALLIED FEDERAL CREDIT UNION is a federal credit union headquartered in ARLINGTON, TX with 3 branch locations and about $133.18 million in total assets. Opened 59 years ago in 1965, ALLIED FEDERAL CREDIT UNION has about 8,228 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALLIED FEDERAL CREDIT UNION |
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Address: (Main Office) | 200 SE GREEN OAKS BLVD ARLINGTON, TX 76018-1642 |
Phone: | (817) 856-4444 |
Fax: | (817) 265-9442 |
Website: | https://www.alliedfcu.com/ |
Branches: | 3 branch locations |
Members: | 8,228 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17100 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $133,182,624 |
CEO/Manager: | Tonia R Clark |
Chairperson: | Glenn C Clingenpeel |
ASSETS: | $ Amount |
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Cash & Equivalents | 16,016,501 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 12,256,513 |
Unsecured Loans | 4,001,976 |
Other Loans | 34,160,260 |
TOTAL LOANS | 50,418,749 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -344,314 |
Land And Building | 3,748,579 |
Other Fixed Assets | 157,380 |
NCUSIF Deposit | 1,201,049 |
All Other Assets | 41,385 |
TOTAL ASSETS | 133,182,624 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,750,438 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 36,244,677 |
Regular shares | 62,336,936 |
All Other Shares & Deposits | 22,089,235 |
TOTAL SHARES & DEPOSITS | 120,670,848 |
TOTAL LIABILITIES | 122,421,286 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 10,761,338 |
TOTAL EQUITY | 10,761,338 |
TOTAL LIABILITIES, SHARES, & EQUITY | 133,182,624 |
INCOME & EXPENSE | |
Loan Income | 2,504,632 |
Investment Income | 1,143,778 |
Other Income | 851,239 |
Total Employee Compensation & Benefits | 1,826,624 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,355,044 |
Non-operating Income & (Expense) | 527 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 193,525 |
Cost of Funds | 104,634 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,064,218 |
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