Dec, 31, 2023 — AIR FORCE FEDERAL CREDIT UNION is a federal credit union headquartered in SAN ANTONIO, TX with 7 branch locations and about $663.52 million in total assets. Opened 72 years ago in 1952, AIR FORCE FEDERAL CREDIT UNION has about 54,090 members and employs 140 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AIR FORCE FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1560 Cable Ranch Rd Ste 200 SAN ANTONIO, TX 78245 |
Phone: | (210) 673-5610 |
Fax: | (210) 678-5292 |
Website: | https://goaffcu.com |
Branches: | 7 branch locations |
Members: | 54,090 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 8169 |
---|---|
Membership Type: | Multiple common bond - Primarily military |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $663,517,209 |
CEO/Manager: | Ryan J Ross |
Chairperson: | Sam V Farace |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 27,760,251 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 175,506,762 |
Unsecured Loans | 30,283,625 |
Other Loans | 361,111,156 |
TOTAL LOANS | 566,901,543 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,038,069 |
Land And Building | 1,707,400 |
Other Fixed Assets | 2,438,680 |
NCUSIF Deposit | 5,151,734 |
All Other Assets | 594,775 |
TOTAL ASSETS | 663,517,209 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 423,949 |
Notes & Interest Payable | 30,000,000 |
Accounts Payable & Other Liabilities | 8,099,187 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 106,351,366 |
Regular shares | 150,455,097 |
All Other Shares & Deposits | 321,543,165 |
TOTAL SHARES & DEPOSITS | 578,349,628 |
TOTAL LIABILITIES | 616,872,764 |
Regular Reserve | 0 |
Other Reserves | -2,833,509 |
Undivided Earnings | 49,477,954 |
TOTAL EQUITY | 46,644,445 |
TOTAL LIABILITIES, SHARES, & EQUITY | 663,517,209 |
INCOME & EXPENSE | |
Loan Income | 26,461,746 |
Investment Income | 2,619,125 |
Other Income | 6,732,236 |
Total Employee Compensation & Benefits | 10,661,851 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,700,043 |
Non-operating Income & (Expense) | 583,465 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,919,769 |
Cost of Funds | 9,878,957 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,355,987 |
↑ Back to Top |