Jun, 30, 2024 — ALABAMA POSTAL CREDIT UNION is a federally insured state chartered credit union headquartered in BIRMINGHAM, AL with 0 branch location and about $5.62 million in total assets. Opened 98 years ago in 1927, ALABAMA POSTAL CREDIT UNION has about 836 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ALABAMA POSTAL CREDIT UNION |
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Address: (Main Office) | 351 24th St N BIRMINGHAM, AL 35203-3836 |
Phone: | (205) 252-4812 |
Fax: | (205) 251-2829 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 836 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 64645 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1927 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $5,615,601 |
CEO/Manager: | Randy V Allen |
Chairperson: | James A Schilling |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,787,585 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 722,706 |
Other Loans | 1,392,849 |
TOTAL LOANS | 2,115,555 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -96,073 |
Land And Building | 0 |
Other Fixed Assets | 1,359 |
NCUSIF Deposit | 47,219 |
All Other Assets | 0 |
TOTAL ASSETS | 5,615,601 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 8,087 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 2,960,240 |
All Other Shares & Deposits | 304,952 |
TOTAL SHARES & DEPOSITS | 3,265,192 |
TOTAL LIABILITIES | 3,273,279 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,342,322 |
TOTAL EQUITY | 2,342,322 |
TOTAL LIABILITIES, SHARES, & EQUITY | 5,615,601 |
INCOME & EXPENSE | |
Loan Income | 155,358 |
Investment Income | 23,176 |
Other Income | 8,909 |
Total Employee Compensation & Benefits | 108,360 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 48,314 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 7,670 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 23,099 |
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