2024-05-13T16:37:48-04:00 2023-12-31 750767305 AXLEY & RODE LLP PO BOX 1388 LUFKIN TX 759021388 990 2023-01-01 750973203 ANGELINA FEDERAL EMPLOYEES CREDIT UNION ANGE 9366327691 900 PERSHING LUFKIN TX 75904 CARLA DANIEL-KELLEY PRESIDENT 9366327691 2024-05-01 true CARLA DANIEL-KELLY 999009999 true TONY L MCGOWEN PC CPA P00058493 9366346621 2024-05-06 2023 2023-04-26 12:10:37Z CARLA DANIEL-KELLEY 900 PERSHING AVENUE LUFKIN TX 75904 2240856 false X AFECU.NET X 1952 TX THE ANGELINA FEDERAL EMPLOYEES CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION SERVING FEDERAL AND POSTAL EMPLOYEES AND THEIR FAMILIES IN THE EAST TEXAS AREA. OUR PURPOSE IS TO SERVE THE MEMBERS AND TO PROMOTE THEIR WELL BEING BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES. THE MEMBERS ARE SERVED THROUGH SOUND LENDING AND SAVINGS PRACTICES DEDICATED TO THE PHILOSOPHY OF PEOPLE HELPING PEOPLE. SERVICES ARE PROVIDED IN A PROFESSIONAL AND PERSONAL MANNER SUPPORTING THE ADVANCEMENT AND STRENGTH OF THE COMMUNITY AND OUR CREDIT UNION FAMILY. 7 7 9 222841 1925 2692 1841649 2238164 0 0 1843574 2240856 0 0 665740 627077 0 0 851482 1058174 1517222 1685251 326352 555605 38720902 38019138 33592459 32513882 5128443 5505256 X THE ANGELINA FEDERAL EMPLOYEES CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION SERVING FEDERAL AND POSTAL EMPLOYEES AND THEIR FAMILIES IN THE EAST TEXAS AREA. OUR PURPOSE IS TO SERVE THE MEMBERS AND TO PROMOTE THEIR WELL BEING BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES. THE MEMBERS ARE SERVED THROUGH SOUND LENDING AND SAVINGS PRACTICES DEDICATED TO THE PHILOSOPHY OF PEOPLE HELPING PEOPLE. SERVICES ARE PROVIDED IN A PROFESSIONAL AND PERSONAL MANNER SUPPORTING THE ADVANCEMENT AND STRENGTH OF THE COMMUNITY AND OUR CREDIT UNION FAMILY. false false PROVIDING FINANCIAL SERVICES TO MEMBERS PROVIDING FINANCIAL SERVICES TO MEMBERS false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 699 0 true 9 true true true false false false false false false false X 7 7 false false false false true true false true true false false false true true true true true true false false X CARLA DANIEL KELLY 9366327691 900 PERSHING AVE LUFKIN TX 75904 BILLY LUMPKIN CHAIRMAN 2.50 X X 0 0 0 LYNN CHESSER VICE CHAIR 2.50 X X 0 0 0 ROBERT DIXON SECRETARY 2.50 X X 0 0 0 JILL BERRY TREASURER 2.50 X X 0 0 0 GLENN HAMMOND DIRECTOR 2.50 X 0 0 0 CAROLYN COX DIRECTOR 2.50 X 0 0 0 DELANA HENDRICK DIRECTOR 2.50 X 0 0 0 CARLA DANIEL-KELLEY PRESIDENT 45.00 X X 132694 0 0 132694 1 false false false 2692 2692 INTEREST ON LOANS 522100 1315830 1315830 INVESTMENT INCOME 522100 321044 321044 COURTESY PAY FEE 522100 115975 115975 INTERCHANGE INCOME 522100 93230 93230 CREDIT CARD INCOME 522100 92018 92018 300067 77226 222841 2238164 2240856 2015323 222841 X 132694 347199 110425 36195 564 7121 1034 47304 112440 11055 69159 OTHER OFFICE OPERATION 381200 HEALTH INSURANCE 96392 ATM EXPENSE 92080 REGULAR SHARE DIVIDENDS 70053 170336 1685251 0 0 0 1625238 1710564 1237149 1938886 24063688 23661031 2204886 1042493 1223944 1162393 10570883 9546264 38720902 38019138 444334 554743 33148125 31959139 33592459 32513882 X 5128443 5505256 5128443 5505256 38720902 38019138 X 555605 -178792 X true X false false 201691 201691 171947 113340 58607 1257459 369415 888044 573789 559738 14051 1162393 DEPOSITS IN COMMERCIAL AND SAVINGS 9128000 NCUA SHARE INSURANCE DEPOSITS 317097 ACCRUED INTEREST RECEIVABLE 67298 OTHER ASSETS 17707 PD-IN CAPITAL AT CORP C US/PERP CONT 13914 INVESTMENT INCOME ACCRUAL 2248 9546264 REGULAR SHARES 21602435 SHARE DRAFTS 5080083 SHARE CERTIFICATES 2688441 IRA/KEOGH ACCOUNTS 2580381 ACCRUED DIVIDENDS PAYABLE 4620 OTHER SHARES 3179 31959139 FORM 990 - ORGANIZATION'S MISSION THE ANGELINA FEDERAL EMPLOYEES CREDIT UNION IS A MEMBER OWNED FINANCIAL INSTITUTION SERVING FEDERAL AND POSTAL EMPLOYEES AND THEIR FAMILIES IN THE EAST TEXAS AREA. OUR PURPOSE IS TO SERVE THE MEMBERS AND TO PROMOTE THEIR WELL BEING BY PROVIDING COMPREHENSIVE AND PROGRESSIVE FINANCIAL SERVICES. THE MEMBERS ARE SERVED THROUGH SOUND LENDING AND SAVINGS PRACTICES DEDICATED TO THE PHILOSOPHY OF PEOPLE HELPING PEOPLE. SERVICES ARE PROVIDED IN A PROFESSIONAL AND PERSONAL MANNER SUPPORTING THE ADVANCEMENT AND STRENGTH OF THE COMMUNITY AND OUR CREDIT UNION FAMILY. FORM 990, PAGE 2, PART III, LINE 4D PROVIDING FINANCIAL SERVICES TO MEMBERS FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS ARE FEDERAL EMPLOYEES AND THEIR FAMILY MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A NOMINATING COMMITTEE, MEMBERSHIP PLURALITY VOTE AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS MONITORS THE DISCLOSURES OF CONFLICTS OF INTEREST EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USES A COMPENSATION SURVEY TO ESTABLISH COMPENSATION FOR THE CEO. THE COMPENSATION MUST BE APPROVED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 ON THE COMPANY WEBSITE, BULLETIN BOARD IN THE LOBBY, AND NEWSLETTERS. FORM 990, PART IX, LINE 24E CERTIFICATE DIVIDENDS 42,073 0 0 IRA DIVIDENDS 29,127 0 0 PROVISION FOR LOAN LOSSES 22,695 0 0 ASSOCIATION DUES 13,109 0 0 ANNUAL LASER FORMS 11,833 0 0 ANNUAL MEETING EXPENSE 10,971 0 0 COLLECTION FEES 9,589 0 0 EXAM SUPERVISION FEE 7,112 0 0 MISCELLANEOUS OPERATING 4,956 0 0 EDUCATIONAL AND PROMOTION 4,041 0 0 CONSUMER LOAN EXPENSE 3,849 0 0 ANNUAL SERVICE CONTRACT 2,595 0 0 GOLDEN EAGLE EXPENSE 2,379 0 0 SHARE DRAFT DIVIDENDS 2,254 0 0 HOME EQUITY LOAN EXPENSE 1,930 0 0 SHAREDRAFT EXPENSE 954 0 0 REGAL EAGLE EXPENSE 855 0 0 DIVIDEND EXPENSE 19 0 0 CASH SHORTAGE/OVERAGE -5 0 0 TOTAL 170,336 0 0 FORM 990, PART XI, LINE 9 OTHER COMPREHENSIVE INCOME -178,792