2022-10-04T14:25:29-05:00 2021-12-31 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2021-01-01 580146810 ATLANTA POSTAL CREDIT UNION ATLA 4047684126 3900 CROWN ROAD ATLANTA GA 303800001 CHARLES M HEAD PRESIDENT/CEO 4047684126 2022-10-03 1 CHARLES HEAD 999009999 JEFF T FUCITO P00120748 7709558600 2022-10-31 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z CHARLES M HEAD 3900 CROWN ROAD ATLANTA GA 303800001 86232164 0 X WWW.APCU.COM X 1925 GA TO HELP OUR MEMBERS ACHIEVE FINANCIAL SUCCESS BY PROVIDING EXCEPTIONAL PRODUCTS AND SERVICE. 8 7 477 14 0 0 0 0 82594205 83500426 3812937 2640828 0 0 86407142 86141254 69500 27750 0 0 25057363 27157115 0 0 0 56753247 47573284 81880110 74758149 4527032 11383105 2416741247 2565202791 2145822882 2290861586 270918365 274341205 TO HELP OUR MEMBERS ACHIEVE FINANCIAL SUCCESS BY PROVIDING EXCEPTIONAL PRODUCTS AND SERVICE. 0 0 CREDIT UNION PROVIDING LOANS AND DEPOSITS FOR OVER 103,180 MEMBERS. ATLANTA POSTAL CREDIT UNION IS A MEMBER-OWNED, NOT-FOR-PROFIT FINANCIAL COOPERATIVE, FOUNDED ON THE PREMISE THAT WORKING PEOPLE NEED A SAFE AND SOUND PLACE TO SAVE AND BORROW MONEY. GUIDING PRINCIPLES ARE UNIQUE: ONLY PEOPLE WHO ARE CREDIT UNION MEMBERS CAN BORROW HERE, LOANS SHOULD BE FOR PRUDENT AND PRODUCTIVE PURPOSES, AND A PERSON'S CHARACTER AND DESIRE TO REPAY A LOAN ARE CONSIDERED AS IMPORTANT AS A PERSON'S INCOME. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 41545 0 1 477 1 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X THE ORGANIZATION 4047684126 3900 CROWN ROAD ATLANTA GA 30380 DAVID PATTERSON DIRECTOR 1.00 X 15792 0 0 KATHERINE BROWN DIRECTOR 1.00 X 14664 0 0 J T MIDDLEBROOKS DIRECTOR 1.00 X 13208 0 0 SARAH V MEEK DIRECTOR 1.00 X 12576 0 0 DONALD A DECINQUE CHAIRMAN 1.00 X X 0 0 0 DAVID DISHAROON BOARD SECRETARY 1.00 X X 0 0 0 MIKE CANTRELL DIRECTOR 1.00 X 0 0 0 TIM PAYNE DIRECTOR 1.00 X 12480 0 0 CHARLES HEAD PRESIDENT/CEO/DIRECTOR 40.00 X X 736695 0 24413 GARY KYLE CFO 40.00 X 338343 0 37054 RICHARD MCCALL CIO 40.00 X 450394 0 34126 TERESA STONECYPHER COO 40.00 X 205119 0 27425 AMY FULLER CSO 40.00 X 214341 0 39318 BLAKE GRAHAM EVP/ CLO 40.00 X 255940 0 40867 MICHAEL WRIGHT CPO 40.00 X 189790 0 15924 2459342 0 219127 24 0 1 0 THE REDMOND COMPANY W228 N745 WESTMOUND DR WAUKESHA WI 53186 CONSTRUCTION DESIGN CONSULTANTS 1791238 JACK HENRY & ASSOCIATES INC PO BOX 609 MONETT MO 65708 PROCESSING SYSTEM SOFTWARE PROVIDER 941038 DATAMATX 3146 NORTHEAST EXPRESSWAY ATLANTA GA 303415345 MEMBER STATEMENT PROCESSING 742204 CDW DIRECT PO BOX 75723 CHICAGO IL 606755723 SOFTWARE MAINTENANCE 663532 DTA CONSTRUCTION SERVICES INC 55 E DAVIS BRIDGE RD VILLA RICA GA 30180 REMODELING SERVICES 365718 23 INTEREST ON LOANS 522100 64690415 64690415 OTHER OPERATING INCOME 522100 12871247 12871247 FEES 522100 5938764 5938764 83500426 2731738 2731738 90910 -90910 -90910 -90910 86141254 83500426 0 2640828 27750 1205225 17199088 3425858 4027015 1299929 40362 131595 1177278 3575505 2959140 2989783 1737685 97147 598192 1301915 DIVIDENDS AND INTEREST 18799995 LOAN SERVICING EXPENSE 8624329 PROVISION FOR LOAN LOSS 2728881 MISCELLANEOUS OPERATING 1033871 1777606 74758149 3886578 4181824 335583137 222928885 1613163911 1725998122 21089896 13990020 4120118 7099876 354085171 494877328 105902332 110116756 2416741247 2565202791 24940275 24281334 2120882607 2266580252 2145822882 2290861586 X 0 0 0 0 270918365 274341205 270918365 274341205 2416741247 2565202791 X 11383105 -9341525 1381260 X X 0 1 X 1 0 1494784 1494784 3177952 576550 2601402 4286093 3487502 798591 12131067 9925968 2205099 7099876 457F DEFERRED COMPENSATION ANNUITY 334687 F CORPORATE CREDIT UNIONS PPC 867994 C MUTUAL FUNDS 2034992 F NCUA CLF 5690955 C US GOVT-SPONSORED ENTERPRISES 485948700 F 494877328 ACCRUED DIVIDENDS 64838 SHARES AND DEPOSITS 2266515414 2266580252 76799729 -9341525 -9341525 86141254 0 86141254 76139409 1381260 1381260 74758149 0 74758149 PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT TO RECOGNIZE FUNDED STATUS OF PENSION PLAN AND POST RETIREMENT 1,381,260. 1 CHILDREN'S MIRACLE NETWORK 205 WEST 700 SOUTH SALT LAKE CITY UT 84101 870387205 501(C)(3) 8000 0 GENERAL OPERATIONS POSTAL EMPLOYEE RELIEF FUND PO BOX 7630 WOODBRIDGE VA 22195 521666010 501(C)(3) 10000 0 GENERAL OPERATIONS 2 0 PART I, LINE 2: DONATIONS WERE MADE TO CHARITABLE ORGANIZATIONS FOR OPERATIONS. X 1 1 X X X X 0 1 0 CHARLES HEAD PRESIDENT/CEO/DIRECTOR 603828 0 125000 0 7867 0 0 0 24413 0 761108 0 0 0 RICHARD MCCALL CIO 250394 0 20000 0 180000 0 0 0 34126 0 484520 0 180000 0 GARY KYLE CFO 318343 0 20000 0 0 0 0 0 37054 0 375397 0 0 0 BLAKE GRAHAM EVP/ CLO 225007 0 25000 0 5933 0 0 0 40867 0 296807 0 0 0 AMY FULLER CSO 194341 0 20000 0 0 0 0 0 39318 0 253659 0 0 0 TERESA STONECYPHER COO 185119 0 20000 0 0 0 0 0 27425 0 232544 0 0 0 MICHAEL WRIGHT CPO 169790 0 20000 0 0 0 0 0 15924 0 205714 0 0 0 PART I, LINE 1A SPOUSE (OR GUEST) EXPENSE. THE SPOUSE OR GUEST OF EACH DIRECTOR, VOLUNTEER AND APCU OFFICER IS ENCOURAGED TO ATTEND APCU FUNCTIONS. APCU WILL PAY EXPENSES FOR THIS PERSON TO INCLUDE THE FOLLOWING BUT NOT LIMITED TO ALL TRAVEL, FOOD, LODGING, REGISTRATION, INCIDENTAL EXPENSES AND ENTERTAINMENT. PART I, LINE 4B HIGHLY-COMPENSATED EMPLOYEE RICHARD MCCALL PARTICIPATED IN A SECTION 457 PLAN WITH AN EMPLOYER CONTRIBUTION OF $24,150.72. DURING 2021 RICHARD MCCALL ALSO RECEIVED A $180,000 PAYOUT FROM THE PLAN. FORM 990, PART VI, SECTION A, LINE 6 ATLANTA POSTAL CREDIT UNION IS A STATE-CHARTERED CREDIT UNION WITH 102,396 VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CREDIT UNION MEMBERS VOTE FOR BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD REVIEWS AND DISCUSSES FORM 990 IN A BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, DIRECTORS AND OFFICERS COMPLETE THE CONFIDENTIAL REPORT FOR CREDIT UNION OFFICIALS FOR THE GEORGIA STATE BANKING DEPARTMENT. THIS FORM REQUIRES THAT OTHER BUSINESS RELATIONSHIPS BE DISCLOSED. THESE FORMS ARE MONITORED FOR ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 SALARIES FOR THE CEO AND OTHER OFFICERS ARE REVIEWED AND INCREASES APPROVED BY THE BOARD OF DIRECTORS. SALARIES FOR THESE POSITIONS ARE COMPARED TO INDUSTRY AVERAGES BY USING CUNA'S COMPLETE CREDIT UNION STAFF SALARY SURVEY. FORM 990, PART VI, SECTION C, LINE 19 ATLANTA POSTAL CREDIT UNION FILES CALL REPORTS QUARTELY. THESE ARE PUBLISHED ON THE INTERNET AND AVAILABLE TO THE GENERAL PUBLIC. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT TO RECOGNIZE FUNDED STATUS OF PENSION PLAN 1,381,260. FORM 990. PART XII, LINE 2C. THERE HAVE BEEN NO CHANGES TO THE AUDITOR SELECTION PROCESS NOR THE FINANCIAL STATEMENT REVIEW. THE CREDIT UNION LOAN SOURCE LLC 1669 PHOENIX PARKWAY 110 COLLEGE PARK GA 30349 ORIGINATES LOANS GA N/A C 2895866 42630423 0.25000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0