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THE INFIRMARY FEDERAL CREDIT UNION

Sep, 30, 2025 — THE INFIRMARY FEDERAL CREDIT UNION is a federal credit union headquartered in MOBILE, AL with 2 branch locations and about $32.77 million in total assets. Opened 52 years ago in 1974, THE INFIRMARY FEDERAL CREDIT UNION has about 4,509 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:THE INFIRMARY FEDERAL CREDIT UNION
Address:
(Main Office)
130 Mobile Infirmary Blvd
MOBILE, AL 36607
Phone:(251) 435-5900
Fax:(251) 435-5975
Website:https://www.theinfirmaryfcu.com
Branches:2 branch locations
Members:4,509
Credit Union Type:Federal Credit Union
Charter Number:21794
Membership Type:Service - Health Care
Corporate Credit Union:No
Year Opened:1974
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$32,769,343
CEO/Manager:Mindy Maghupoy
Chairperson:Clewis W Smith, Jr.

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,663,341
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 687,739
 Unsecured Loans 1,981,181
 Other Loans 11,187,832
 TOTAL LOANS 14,091,830
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -193,678
 Land And Building 1,417,816
 Other Fixed Assets 82,961
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 273,513
 All Other Assets 0
  TOTAL ASSETS 32,769,343
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 182,519
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 5,897,859
 Regular shares 16,456,780
 All Other Shares & Deposits 5,827,668
  TOTAL SHARES & DEPOSITS 28,182,307
  TOTAL LIABILITIES 28,364,826
 Regular Reserve 0
 Other Reserves 11,597
 Undivided Earnings 4,392,920
  TOTAL EQUITY 4,404,517
  TOTAL LIABILITIES, SHARES, & EQUITY 32,769,343
INCOME & EXPENSE  
 Loan Income 632,294
 Investment Income 422,895
 Other Income 729,721
 Total Employee Compensation & Benefits 595,423
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 766,421
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 44,000
 Cost of Funds 198,650
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 189,885
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