Mar, 31, 2022 — APCO EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in BIRMINGHAM, AL with 20 branch locations and about $3.71 billion in total assets. Opened 69 years ago in 1953, APCO EMPLOYEES CREDIT UNION has about 72,306 members and employs 133 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: | http://www.apcocu.org |
Branches: | 20 branch locations |
Members: | 72,306 |
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, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $3,711,456,898 |
CEO/Manager: | Derrick E Ragland |
Chairperson: | Mark Wilkinson |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 183,868,365 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 551,526,535 |
Unsecured Loans | 44,566,486 |
Other Loans | 156,850,046 |
TOTAL LOANS | 752,943,067 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,508,615 |
Land And Building | 23,493,752 |
Other Fixed Assets | 2,255,115 |
NCUSIF Deposit | 28,350,210 |
All Other Assets | 95,566 |
TOTAL ASSETS | 3,711,456,898 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 5,003 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 23,023,888 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 246,542,187 |
Regular shares | 2,443,538,437 |
All Other Shares & Deposits | 722,985,350 |
TOTAL SHARES & DEPOSITS | 3,413,065,974 |
TOTAL LIABILITIES | 3,436,094,865 |
Regular Reserve | 0 |
Other Reserves | 249,440,193 |
Undivided Earnings | 25,921,840 |
TOTAL EQUITY | 275,362,033 |
TOTAL LIABILITIES, SHARES, & EQUITY | 3,711,456,898 |
INCOME & EXPENSE | |
Loan Income | 7,168,622 |
Investment Income | 10,085,278 |
Other Income | 602,483 |
Total Employee Compensation & Benefits | 3,457,356 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,219,876 |
Non-operating Income & (Expense) | 12,000 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 7,735,949 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,921,840 |
↑ Back to Top |