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ANN ARBOR POSTAL FEDERAL CREDIT UNION

Mar, 31, 2022 — ANN ARBOR POSTAL FEDERAL CREDIT UNION is a federal credit union headquartered in MILAN, MI with 1 branch location and about $841,730 in total assets. Opened 71 years ago in 1951, ANN ARBOR POSTAL FEDERAL CREDIT UNION has about 127 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ANN ARBOR POSTAL FEDERAL CREDIT UNION
Address:
(Main Office)
18459 Redman Rd
MILAN, MI 48160
Phone:(734) 439-3075
Fax:(734) 439-3411
Website:n/a
Branches:1 branch locations
Members:127
Credit Union Type:Federal Credit Union
Charter Number:7126
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1951
Last Audited:Jan 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$841,730
CEO/Manager:James E Sadler
Chairperson:Jackie J Sadler

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 161,202
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 63,140
 Other Loans 387,702
 TOTAL LOANS 450,842
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,953
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 5,872
 All Other Assets 0
  TOTAL ASSETS 841,730
LIABILITIES & CAPITAL:  
 Dividends Payable 355
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 501,795
 All Other Shares & Deposits 28,809
  TOTAL SHARES & DEPOSITS 530,604
  TOTAL LIABILITIES 530,959
 Regular Reserve 0
 Other Reserves 194,106
 Undivided Earnings 116,665
  TOTAL EQUITY 310,771
  TOTAL LIABILITIES, SHARES, & EQUITY 841,730
INCOME & EXPENSE  
 Loan Income 5,505
 Investment Income 229
 Other Income 84
 Total Employee Compensation & Benefits 2,181
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,827
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 355
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -545
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