Jun, 30, 2023 — AUBURN UNIVERSITY CREDIT UNION is a federally insured state chartered credit union headquartered in AUBURN, AL with 3 branch locations and about $227.71 million in total assets. Opened 63 years ago in 1960, AUBURN UNIVERSITY CREDIT UNION has about 16,211 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AUBURN UNIVERSITY CREDIT UNION |
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Address: (Main Office) | 1290 S Donahue Dr AUBURN, AL 36832-6330 |
Phone: | (334) 844-4120 |
Fax: | (334) 844-4162 |
Website: | https://myaucu.org |
Branches: | 3 branch locations |
Members: | 16,211 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68701 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $227,705,850 |
CEO/Manager: | Henry Armstrong |
Chairperson: | Dennis Veronese |
ASSETS: | $ Amount |
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Cash & Equivalents | 18,648,404 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 50,537,363 |
Unsecured Loans | 7,352,199 |
Other Loans | 42,346,583 |
TOTAL LOANS | 100,236,145 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -578,898 |
Land And Building | 9,013,996 |
Other Fixed Assets | 587,865 |
NCUSIF Deposit | 2,024,307 |
All Other Assets | 0 |
TOTAL ASSETS | 227,705,850 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 8,084 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,870,205 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 34,523,375 |
Regular shares | 152,220,683 |
All Other Shares & Deposits | 26,691,979 |
TOTAL SHARES & DEPOSITS | 213,436,037 |
TOTAL LIABILITIES | 215,314,326 |
Regular Reserve | 0 |
Other Reserves | -7,717,972 |
Undivided Earnings | 20,109,496 |
TOTAL EQUITY | 12,391,524 |
TOTAL LIABILITIES, SHARES, & EQUITY | 227,705,850 |
INCOME & EXPENSE | |
Loan Income | 3,236,509 |
Investment Income | 1,361,833 |
Other Income | 650,165 |
Total Employee Compensation & Benefits | 2,064,837 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,534,477 |
Non-operating Income & (Expense) | 17,701 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 201,463 |
Cost of Funds | 387,826 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 492,306 |
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