Sep, 30, 2025 — ANDREWS FEDERAL CREDIT UNION is a federal credit union headquartered in SUITLAND, MD with 16 branch locations and about $2.51 billion in total assets. Opened 78 years ago in 1948, ANDREWS FEDERAL CREDIT UNION has about 146,260 members and employs 319 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ANDREWS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5711 Allentown Rd SUITLAND, MD 20746 |
| Phone: | (800) 487-5500 |
| Fax: | (301) 702-5319 |
| Website: | https://www.andrewsfcu.org |
| Branches: | 16 branch locations |
| Members: | 146,260 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5754 |
|---|---|
| Membership Type: | Multiple common bond - Primarily military |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,507,551,595 |
| CEO/Manager: | Kenneth Orgeron |
| Chairperson: | Kenneth E McKinney |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 126,006,928 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 1,177,936 |
| Real Estate Loans | 1,361,059,839 |
| Unsecured Loans | 104,065,751 |
| Other Loans | 403,573,215 |
| TOTAL LOANS | 1,876,046,424 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,963,743 |
| Land And Building | 12,792,269 |
| Other Fixed Assets | 5,088,081 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 16,549,877 |
| All Other Assets | 673,069 |
| TOTAL ASSETS | 2,507,551,595 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 250,000,000 |
| Accounts Payable & Other Liabilities | 36,200,894 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 362,818,299 |
| Regular shares | 702,620,477 |
| All Other Shares & Deposits | 879,828,574 |
| TOTAL SHARES & DEPOSITS | 1,945,267,350 |
| TOTAL LIABILITIES | 2,231,468,244 |
| Regular Reserve | 0 |
| Other Reserves | 1,191,338 |
| Undivided Earnings | 274,892,013 |
| TOTAL EQUITY | 276,083,351 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,507,551,595 |
| INCOME & EXPENSE | |
| Loan Income | 74,543,451 |
| Investment Income | 15,276,705 |
| Other Income | 7,405,383 |
| Total Employee Compensation & Benefits | 29,645,575 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 27,167,205 |
| Non-operating Income & (Expense) | 17,063 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,588,561 |
| Cost of Funds | 41,437,782 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,423,308 |
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