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Atlanta Postal Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 580146810 ✦ Atlanta, GA ✦ Designated as a 501(c)(14)

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Overview

What is Atlanta Postal Credit Union?

Atlanta Postal Credit Union is a member-owned, not-for-profit financial cooperative based in Atlanta, Georgia, with over 104,551 members. Established on the belief that working people need a reliable place to save and borrow money, this credit union's unique guiding principles emphasize members' character and commitment to repay loans, limiting loans to prudent and productive purposes. With a workforce of 579 employees, the credit union's mission is to help members achieve financial success by offering exceptional products and services.


Official website here: www.apcu.com

Is Atlanta Postal Credit Union legitimate?

Atlanta Postal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Atlanta Postal Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,627,984
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,306,753

For more financial information, click here


Official website here: www.apcu.com

What is the mission statement of Atlanta Postal Credit Union?

Atlanta Postal Credit Union is committed to helping its members achieve financial success. This member-owned, not-for-profit financial cooperative offers exceptional products and services to over 104,551 individuals. Guided by unique principles, the credit union aims to provide loans for prudent and productive purposes based on a person's character and their desire to repay, rather than solely relying on income. By offering loans to its members, Atlanta Postal Credit Union serves as a safe and sound place for saving and borrowing money.


Official website here: www.apcu.com

Who is the CEO of Atlanta Postal Credit Union?

Blake Graham is the Director of Atlanta Postal Credit Union. The CEO's salary of Atlanta Postal Credit Union is $765,767 and their total compensation is $790,631.


Official website here: www.apcu.com

What is the revenue of Atlanta Postal Credit Union?

Atlanta Postal Credit Union's revenue in 2022 was $95,502,875.


Official website here: www.apcu.com

Who are the executives of Atlanta Postal Credit Union and what are their salaries?

The average compensation at Atlanta Postal Credit Union during 2022 was $34,430. There are 579 employees and 12 volunteers at Atlanta Postal Credit Union.


Here are 16 key members and their salaries (Atlanta Postal Credit Union's CEO's salary is $765,767 and their total compensation is $790,631):


David Patterson (Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
J T Middlebrooks (Director)
  • Compensation: $13,624
  • Related: $0
  • Other: $0
Sarah V Meek (Director)
  • Compensation: $12,927
  • Related: $0
  • Other: $0
David Disharoon (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Cantrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Payne (Board Secretary)
  • Compensation: $14,104
  • Related: $0
  • Other: $0
Charles Head (Ceo/Director)
  • Compensation: $765,767
  • Related: $0
  • Other: $24,864
Blake Graham (President/Director)
  • Compensation: $329,684
  • Related: $0
  • Other: $36,082
Phil Upchurch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Brown (Director)
  • Compensation: $13,664
  • Related: $0
  • Other: $0
Gary Kyle (Cfo)
  • Compensation: $363,751
  • Related: $0
  • Other: $35,516
Richard Mccall (Cio)
  • Compensation: $292,692
  • Related: $0
  • Other: $35,384
Teresa Stonecypher (Coo)
  • Compensation: $225,552
  • Related: $0
  • Other: $22,861
Belinda Blair (Vp Marketing)
  • Compensation: $182,504
  • Related: $0
  • Other: $13,190
Michael Wright (Cpo)
  • Compensation: $205,817
  • Related: $0
  • Other: $24,559
Rachael Martin (Svp Accounting/Finance)
  • Compensation: $182,394
  • Related: $0
  • Other: $14,306


Official website here: www.apcu.com

Where can I find the form 990 for Atlanta Postal Credit Union?

Atlanta Postal Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.apcu.com

Learn more at the official website: www.apcu.com

Mission Statement of Atlanta Postal Credit Union

Atlanta Postal Credit Union, a member-owned financial cooperative, is dedicated to helping its members attain financial success through the provision of exceptional products and services. The organization's mission is to empower its members by facilitating access to loans and deposit services that cater to prudent and productive purposes.

Unlike traditional financial institutions, Atlanta Postal Credit Union operates on unique guiding principles. Membership is the key to unlocking the opportunity to borrow, and character and the sincere intention to repay a loan are given equal consideration alongside income. This distinctive approach instills a sense of trust and community within the organization.

Atlanta Postal Credit Union's primary focus is on providing its members with the resources they need to build a stable financial future. By prioritizing the well-being of its members, the credit union fosters a culture of financial responsibility, enabling individuals to achieve their financial goals. With a strong commitment to exceptional customer service, Atlanta Postal Credit Union has earned the trust and loyalty of over 104,551 members, making it an invaluable partner in their journey towards financial success.

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Impact




October, 2024

Atlanta Postal Credit Union significantly impacts its members by providing essential financial services that promote financial well-being. With over 104,551 members, the credit union offers a range of loans and deposit options, ensuring that individuals have a safe and reliable place to manage their finances.

By focusing on lending practices that prioritize character and the intention to repay, Atlanta Postal Credit Union fosters a community-oriented approach to finance. This model empowers members to achieve their financial goals, whether it's buying a home, starting a business, or saving for the future. The organization is committed to supporting its members with exceptional products and personalized service, reinforcing its role as a vital resource for financial success within the Atlanta community.




This information is meant to be a general summary of Atlanta Postal Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$95,502,875 (2022)
Expenses
$81,147,298 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,213,023
  • Program Service Revenue: $90,289,852
  • Gross Receipts: $95,834,319

Assets and Liabilities:

  • Total Assets: $2,508,761,304
  • Total Liabilities: $2,238,342,292
  • Net Assets: $270,419,012

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$68,017,493

OTHER OPERATING INCOME

Revenue

$15,610,065

FEES

Revenue

$6,647,609

SALES OF LOANS AND LEASES

Revenue

$14,685

Organization Details

Founding Year

1925

Principal Officer

Blake Graham

Main Address

3900 CROWN ROAD, ATLANTA, GA, 303800001

NTEE Category

Code: W61 - Public benefit

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