Mar, 31, 2022 — AUBURN UNIVERSITY CREDIT UNION is a federally insured state chartered credit union headquartered in AUBURN, AL with 3 branch locations and about $231.66 million in total assets. Opened 62 years ago in 1960, AUBURN UNIVERSITY CREDIT UNION has about 16,441 members and employs 42 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: | http://myaucu.org |
Branches: | 3 branch locations |
Members: | 16,441 |
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, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $231,664,945 |
CEO/Manager: | Henry Armstrong |
Chairperson: | Dennis Veronese |
ASSETS: | $ Amount |
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Cash & Equivalents | 28,192,712 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 52,474,974 |
Unsecured Loans | 6,419,389 |
Other Loans | 29,475,624 |
TOTAL LOANS | 88,369,987 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -534,314 |
Land And Building | 9,180,335 |
Other Fixed Assets | 507,318 |
NCUSIF Deposit | 1,877,914 |
All Other Assets | 0 |
TOTAL ASSETS | 231,664,945 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,729,326 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 32,540,950 |
Regular shares | 149,895,969 |
All Other Shares & Deposits | 30,461,988 |
TOTAL SHARES & DEPOSITS | 212,898,907 |
TOTAL LIABILITIES | 214,628,233 |
Regular Reserve | 0 |
Other Reserves | -2,965,124 |
Undivided Earnings | 20,001,836 |
TOTAL EQUITY | 17,036,712 |
TOTAL LIABILITIES, SHARES, & EQUITY | 231,664,945 |
INCOME & EXPENSE | |
Loan Income | 959,377 |
Investment Income | 392,117 |
Other Income | 196,106 |
Total Employee Compensation & Benefits | 667,469 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 799,131 |
Non-operating Income & (Expense) | 5,470 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 30,000 |
Cost of Funds | 112,027 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 80,804 |
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