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FEDERAL EMPLOYEES CREDIT UNION

Sep, 30, 2025 — FEDERAL EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in BIRMINGHAM, AL with 0 branch location and about $19.79 million in total assets. Opened 68 years ago in 1958, FEDERAL EMPLOYEES CREDIT UNION has about 1,741 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FEDERAL EMPLOYEES CREDIT UNION
Address:
(Main Office)
1509 4th Ave S
BIRMINGHAM, AL 35233-1612
Phone:(205) 322-4026
Fax:(205) 322-9908
Website:https://www.federalempscu.com
Branches:0 branch locations
Members:1,741
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:62599
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1958
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$19,792,758
CEO/Manager:Greg A Keller
Chairperson:Rocky W Cook

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 804,365
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,411,836
 Unsecured Loans 1,852,515
 Other Loans 6,047,450
 TOTAL LOANS 9,311,801
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -85,466
 Land And Building 0
 Other Fixed Assets 44,948
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 152,023
 All Other Assets 20,908
  TOTAL ASSETS 19,792,758
LIABILITIES & CAPITAL:  
 Dividends Payable 133,785
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 15,574
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,700,207
 Regular shares 7,436,554
 All Other Shares & Deposits 7,240,900
  TOTAL SHARES & DEPOSITS 16,377,661
  TOTAL LIABILITIES 16,527,020
 Regular Reserve 0
 Other Reserves 493,100
 Undivided Earnings 2,772,638
  TOTAL EQUITY 3,265,738
  TOTAL LIABILITIES, SHARES, & EQUITY 19,792,758
INCOME & EXPENSE  
 Loan Income 559,226
 Investment Income 269,226
 Other Income 82,827
 Total Employee Compensation & Benefits 273,921
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 306,977
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 59,000
 Cost of Funds 236,744
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 34,637
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