American Federal Credit Union :

American Federal Credit Union was chartered in 1955 and its charter number is 10398. American Federal Credit Union's address registered with the NCUA is PO BOX 7278 MISSION HILLS, CA 91346-7278. As of 07/24/06, American Federal Credit Union reported $21,564,862 in assets. The credit union currently has 3,736 members. It's Manager/CEO is Ron L. Gobble. The credit unions website is WWW.AMERICANFCU.ORG

American Federal Credit Union is a member of the California Credit Union League.

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American Credit Union Financial Evaluation
As of December 31, 2006
Total Assets: $19,997,781
Total Loans: $16,011,870
Net Worth Ratio: 18.15
% Share Growth: -10.59
% Loan Growth: 0.44
Loans/Assets Ratio: 80.06
Investment/Assets Ratio: 17.76
Number of Members: 3,618
Number of Full-time Employees: 9

 In the year of 2006, American Credit Union assets decreased by 0.09% and its membership decreased by 0.05%. American CU's membership decreased by a total of 166 members. Assets decreased by the amount of $1,999,821. The total loan amounts went from $15,940,332 in 2005 to $16,011,870 in 2006. Their net worth ratio increased slightly to 18.15. American CU maintained their job opportunities at 9.

As of December 31, 2005
Total Assets: $21,997,602
Total Loans: $15,940,332
Net Worth Ratio: 16.3
% Share Growth: 0.85
% Loan Growth: 3.4
Loans/Assets Ratio: 72.46
Investment/Assets Ratio: 25.33
Number of Members: 3,784
Number of Full-time Employees: 9

 In the year of 2005, American Credit Union assets increased by 0.01% and its membership decreased by 0.01%. American CU's membership decreased by a total of 44 members. Assets increased by the amount of $234,028. The total loan amounts went from $15,414,899 in 2004 to $15,940,332 in 2005. Their net worth ratio increased slightly to 16.3. American CU decreased their job opportunities to 9 by reducing 1 employee.

As of December 31, 2004
Total Assets: $21,763,574
Total Loans: $15,414,899
Net Worth Ratio: 16.17
% Share Growth: 1.32
% Loan Growth: 2.22
Loans/Assets Ratio: 70.82
Investment/Assets Ratio: 26.17
Number of Members: 3,828
Number of Full-time Employees: 10

  
Recent Credit Union News Headlines:

  • Coastal Federal Credit Union has selected SAS Money Laundering Detection to help fortify its anti-money laundering (AML) program and adhere to the regulations of the USA PATRIOT Act.

  • Oswego County Federal Credit Union (OCFCU), has converted its "Scotty Savers" club to the "Scholar Dollars" children's' savings program, it was announced by William Carhart, CEO.

  • To join Christian Community Credit Union, you must affirm a personal statement of faith. The statement is clearly laid out on Christian Community's Web site.
 
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Other Credit Unions:
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Credit Union News:

Lowell police cracking down on crime
Lowell Sun - Feb 6, 2008
LOWELL -- Robbers hit six banks since November. Three were "just doors down the road" from Mike Kijanka. "Too close for comfort," said Kijanka, a vice president at Jeanne D'Arc Credit Union at 658 Merrimack St.

Full Story: http://www.lowellsun.com/ci_8185186

$15,500 Raised in Super Bowl Ticket Auction to Benefit Children's Miracle Network
Centre Daily Times - Feb 04, 2008
A local Phoenix man went to the Super Bowl knowing that the money he spent helped the Phoenix Children's Hospital. On February 1, News/Talk 92.3 KTAR finalized the auction of a premium Super Bowl ticket package donated by Arizona State Credit Union to benefit Children's Miracle Network. Over 40 bids were received, some from other Credit Unions, and the winning bid of $15,500 is being donated to ...

Full Story: http://www.centredaily.com/business/story/379759.html

Credit union hosts identity theft seminar
Journal and Courier - Feb 17, 2008
Purdue Employees Federal Credit Union will host a free seminar at 6 p.m. on Wednesday at the Lafayette YWCA, 605 N. Sixth St. in Lafayette.

Full Story: http://www.jconline.com/apps/pbcs.dll/article?AID=/20080217/NEWS/802170354

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