Sep, 30, 2025 — ABD FEDERAL CREDIT UNION is a federal credit union headquartered in WARREN, MI with 3 branch locations and about $66.16 million in total assets. Opened 78 years ago in 1948, ABD FEDERAL CREDIT UNION has about 6,170 members and employs 27 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ABD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 27850 MOUND RD WARREN, MI 48092 |
| Phone: | (586) 751-4400 |
| Fax: | (586) 751-4407 |
| Website: | https://www.abdfcu.com |
| Branches: | 3 branch locations |
| Members: | 6,170 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 5885 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation equipment |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $66,157,062 |
| CEO/Manager: | Taneka S Charleston |
| Chairperson: | Charlie Spann |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,451,265 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,211,636 |
| Unsecured Loans | 3,031,926 |
| Other Loans | 8,900,505 |
| TOTAL LOANS | 18,144,067 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -246,351 |
| Land And Building | 401,856 |
| Other Fixed Assets | 167,235 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 539,229 |
| All Other Assets | 0 |
| TOTAL ASSETS | 66,157,062 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 11,736 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 790,469 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,956,046 |
| Regular shares | 29,171,058 |
| All Other Shares & Deposits | 19,146,888 |
| TOTAL SHARES & DEPOSITS | 55,273,992 |
| TOTAL LIABILITIES | 56,076,197 |
| Regular Reserve | 0 |
| Other Reserves | -60,622 |
| Undivided Earnings | 10,141,487 |
| TOTAL EQUITY | 10,080,865 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 66,157,062 |
| INCOME & EXPENSE | |
| Loan Income | 847,385 |
| Investment Income | 1,404,252 |
| Other Income | 910,585 |
| Total Employee Compensation & Benefits | 1,305,823 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,591,719 |
| Non-operating Income & (Expense) | 187,032 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,611 |
| Cost of Funds | 292,309 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 496,882 |
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