Dec, 31, 2023 — MCALESTER AAP FEDERAL CREDIT UNION is a federal credit union headquartered in MCALESTER, OK with 1 branch location and about $12.48 million in total assets. Opened 77 years ago in 1947, MCALESTER AAP FEDERAL CREDIT UNION has about 1,391 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MCALESTER AAP FEDERAL CREDIT UNION |
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Address: (Main Office) | 1 C Tree Rd Bldg 3 MCALESTER, OK 74501-9002 |
Phone: | (918) 420-6377 |
Fax: | (918) 423-5781 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,391 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 5531 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1947 |
Last Audited: | Nov 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $12,480,873 |
CEO/Manager: | Cheryl Gentry |
Chairperson: | Jeffie A Ely |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,724,545 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 343,237 |
Other Loans | 6,335,443 |
TOTAL LOANS | 6,678,680 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,854 |
Land And Building | 0 |
Other Fixed Assets | 2,150 |
NCUSIF Deposit | 86,264 |
All Other Assets | 0 |
TOTAL ASSETS | 12,480,873 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 20,702 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 23,455 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 8,187,194 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 8,187,194 |
TOTAL LIABILITIES | 8,231,351 |
Regular Reserve | 0 |
Other Reserves | 448,175 |
Undivided Earnings | 3,801,347 |
TOTAL EQUITY | 4,249,522 |
TOTAL LIABILITIES, SHARES, & EQUITY | 12,480,873 |
INCOME & EXPENSE | |
Loan Income | 460,944 |
Investment Income | 135,740 |
Other Income | 29,365 |
Total Employee Compensation & Benefits | 196,454 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 99,002 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 73,972 |
Cost of Funds | 67,368 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 194,096 |
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» See also Statement of Financial Condition