Apple Federal Credit Union :

Apple Federal Credit Union was chartered in 1956 and its charter number is 11307. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Apple Federal Credit Union 's address registered with the NCUA is PO BOX 1200, FAIRFAX, VA 22038. As of 10/29/06 Apple FCU reported $873,700,485 in assets. The credit union currenly has 79,549 members. It's Manager/CEO is Larry Kelly. The credit unions website is www.applefcu.org . Apple Federal Credit Union is a member of the Virginia Credit Union League.

Mortgage Options

Apple Federal Credit Union offers competitive Fixed Rate First Mortgages with 10, 15, 20, 30, and 40-year terms. Apple FCU offers a fixed rate mortgage loan which is a good choice if you want the security of knowing your rate and monthly payment will remain the same for the life of your loan. Adjustable Rate loans offer a very low rate that stays fixed for one, three, five, or seven years, then converts to an adjustable rate. AFCU's also offers 3/30 Jumbo First Trust Loans, Interest Only 3/1 Adjustable Rate Conventional Loan, Interest Only 5/1 Adjustable Rate Conventional Loan, and Jumbo Mortgages available on all first trust mortgage products.

Apple Federal Credit Union Financial Evaluation
As of December 31, 2004
Total Assets: $722,072,213.00
Total Loans: $436,857,845.00
Net Worth Ratio: 10.96
% Share Growth: 7.62
% Loan Growth: 20.51
Loans/Assets Ratio: 60.5
Loans/Assets Ratio: 35.3
Numbers of Members: 70,355
Number of Full-time Employees: 134 		 
As of December 31, 2005
Total Assets: $823,578,342.00
Total Loans: $575,538,779.00
Net Worth Ratio: 11.08
% Share Growth: 11.07
% Loan Growth: 31.74
Loans/Assets Ratio: 69.88
Loans/Assets Ratio: 25.64
Numbers of Members: 75012
Number of Full-time Employees: 139.5 		 
As of December 31, 2006
Total Assets: $915,813,825.00
Total Loans: $672,464,518.00
Net Worth Ratio: 10.75
% Share Growth: 10.56
% Loan Growth: 16.84
Loans/Assets Ratio: 73.42
Loans/Assets Ratio: 21.98
Numbers of Members: 80,950
Number of Full-time Employees: 165.5 		 
 
 
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