Dec, 31, 2023 — ALLEGIANCE CREDIT UNION is a federal credit union headquartered in OKLAHOMA CITY, OK with 3 branch locations and about $350.04 million in total assets. Opened 61 years ago in 1963, ALLEGIANCE CREDIT UNION has about 24,529 members and employs 79 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALLEGIANCE CREDIT UNION |
|---|---|
| Address: (Main Office) | 4235 N Meridian Ave OKLAHOMA CITY, OK 73112-2456 |
| Phone: | (405) 789-7900 |
| Fax: | (405) 491-6121 |
| Website: | https://www.allegiancecu.org |
| Branches: | 3 branch locations |
| Members: | 24,529 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24936 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1963 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $350,035,821 |
| CEO/Manager: | Amy Downs |
| Chairperson: | Robyn L Haffner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 33,041,297 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 159,900 |
| Real Estate Loans | 126,623,456 |
| Unsecured Loans | 4,106,876 |
| Other Loans | 136,907,498 |
| TOTAL LOANS | 267,637,830 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,452,312 |
| Land And Building | 5,270,327 |
| Other Fixed Assets | 1,554,431 |
| NCUSIF Deposit | 3,037,186 |
| All Other Assets | 359,528 |
| TOTAL ASSETS | 350,035,821 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,756,207 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 95,558,283 |
| Regular shares | 105,788,737 |
| All Other Shares & Deposits | 121,765,056 |
| TOTAL SHARES & DEPOSITS | 323,112,076 |
| TOTAL LIABILITIES | 324,868,284 |
| Regular Reserve | 0 |
| Other Reserves | -4,527,232 |
| Undivided Earnings | 29,694,769 |
| TOTAL EQUITY | 25,167,537 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 350,035,821 |
| INCOME & EXPENSE | |
| Loan Income | 12,054,143 |
| Investment Income | 1,845,023 |
| Other Income | 2,456,824 |
| Total Employee Compensation & Benefits | 7,373,058 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 6,555,083 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,266,849 |
| Cost of Funds | 2,380,503 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 899,518 |
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