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MOBILE POSTAL CREDIT UNION

Sep, 30, 2025 — MOBILE POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in MOBILE, AL with 1 branch location and about $16.69 million in total assets. Opened 77 years ago in 1949, MOBILE POSTAL CREDIT UNION has about 1,611 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MOBILE POSTAL CREDIT UNION
Address:
(Main Office)
800 Downtowner Loop W
MOBILE, AL 36609-5519
Phone:(251) 342-1472
Fax:(251) 342-0119
Website:https://www.mobilepostalcu.com
Branches:1 branch locations
Members:1,611
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62471
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1949
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$16,694,964
CEO/Manager:THOMAS A GEORGE
Chairperson:Ken George

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 833,584
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,698,483
 Unsecured Loans 1,380,843
 Other Loans 6,642,287
 TOTAL LOANS 9,721,614
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -105,003
 Land And Building 147,930
 Other Fixed Assets 11,713
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 144,094
 All Other Assets 35,059
  TOTAL ASSETS 16,694,964
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 90,354
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 953,575
 Regular shares 6,258,516
 All Other Shares & Deposits 7,241,478
  TOTAL SHARES & DEPOSITS 14,453,569
  TOTAL LIABILITIES 14,543,923
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,151,041
  TOTAL EQUITY 2,151,041
  TOTAL LIABILITIES, SHARES, & EQUITY 16,694,964
INCOME & EXPENSE  
 Loan Income 539,204
 Investment Income 220,151
 Other Income 138,403
 Total Employee Compensation & Benefits 244,601
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 263,666
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,000
 Cost of Funds 230,034
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 140,327
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