Mar, 31, 2022 — AOD FEDERAL CREDIT UNION is a federal credit union headquartered in OXFORD, AL with 7 branch locations and about $429.98 million in total assets. Opened 72 years ago in 1950, AOD FEDERAL CREDIT UNION has about 36,792 members and employs 83 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AOD FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 12 Elm St OXFORD, AL 36203 |
| Phone: | (256) 237-9494 |
| Fax: | (256) 237-3285 |
| Website: | http://www.aodfcu.com |
| Branches: | 7 branch locations |
| Members: | 36,792 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6680 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $429,978,764 |
| CEO/Manager: | Virginia Bowen |
| Chairperson: | Delle M Bean |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 25,153,123 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 81,615,586 |
| Unsecured Loans | 19,253,829 |
| Other Loans | 95,707,984 |
| TOTAL LOANS | 197,905,359 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,554,378 |
| Land And Building | 10,313,098 |
| Other Fixed Assets | 290,284 |
| NCUSIF Deposit | 3,534,230 |
| All Other Assets | 136,567 |
| TOTAL ASSETS | 429,978,764 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 27,592 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,465,222 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 66,988,585 |
| Regular shares | 256,962,125 |
| All Other Shares & Deposits | 61,299,342 |
| TOTAL SHARES & DEPOSITS | 385,250,052 |
| TOTAL LIABILITIES | 386,742,866 |
| Regular Reserve | 0 |
| Other Reserves | -7,839,548 |
| Undivided Earnings | 51,075,446 |
| TOTAL EQUITY | 43,235,898 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 429,978,764 |
| INCOME & EXPENSE | |
| Loan Income | 1,786,964 |
| Investment Income | 568,566 |
| Other Income | 887,273 |
| Total Employee Compensation & Benefits | 1,310,007 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,729,929 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 88,418 |
| Cost of Funds | 254,461 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 774,331 |
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