Sep, 30, 2025 — APCO EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in BIRMINGHAM, AL with 30 branch locations and about $3.56 billion in total assets. Opened 73 years ago in 1953, APCO EMPLOYEES CREDIT UNION has about 90,616 members and employs 180 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | APCO EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 750 17th St N BIRMINGHAM, AL 35203 |
| Phone: | (205) 226-6800 |
| Fax: | (205) 226-6850 |
| Website: | https://www.southernenergycu.org |
| Branches: | 30 branch locations |
| Members: | 90,616 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62728 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,564,928,358 |
| CEO/Manager: | Andy Rush |
| Chairperson: | Gregg Shipp |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 480,433,195 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 652,629,218 |
| Unsecured Loans | 60,825,967 |
| Other Loans | 227,491,488 |
| TOTAL LOANS | 940,946,673 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,793,075 |
| Land And Building | 26,239,725 |
| Other Fixed Assets | 2,365,624 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 25,967,415 |
| All Other Assets | 28,696 |
| TOTAL ASSETS | 3,564,928,358 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,072,376 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 24,344,875 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 285,359,653 |
| Regular shares | 1,328,220,251 |
| All Other Shares & Deposits | 1,585,829,345 |
| TOTAL SHARES & DEPOSITS | 3,199,409,249 |
| TOTAL LIABILITIES | 3,224,856,500 |
| Regular Reserve | 0 |
| Other Reserves | 309,507,804 |
| Undivided Earnings | 30,564,054 |
| TOTAL EQUITY | 340,071,858 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,564,928,358 |
| INCOME & EXPENSE | |
| Loan Income | 34,304,942 |
| Investment Income | 50,316,517 |
| Other Income | 2,003,999 |
| Total Employee Compensation & Benefits | 14,096,806 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 10,668,631 |
| Non-operating Income & (Expense) | 273,362 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 447,000 |
| Cost of Funds | 54,555,363 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,564,054 |
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