2025-10-03T11:41:22-05:00 2024-12-31 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2024-01-01 580146810 ATLANTA POSTAL CREDIT UNION ATLA 4047684126 3900 CROWN ROAD ATLANTA GA 303800001 BLAKE GRAHAM PRESIDENT/CEO 4047684126 2025-10-01 1 0 MARY JO ALEXANDER P00002534 7709558600 2025-10-29 2024 2025-03-06 01:10:19Z BLAKE GRAHAM 3900 CROWN ROAD ATLANTA GA 303800001 109623763 0 X WWW.APCU.COM X 1925 GA TO HELP OUR MEMBERS ACHIEVE FINANCIAL SUCCESS BY PROVIDING EXCEPTIONAL PRODUCTS AND SERVICE. 11 9 416 14 0 0 5961203 0 91375962 97391275 10906274 12232488 0 0 108243439 109623763 38968 337661 0 0 29112806 29004408 0 0 0 76015896 88580958 105167670 117923027 3075769 -8299264 2424911153 2383444385 2141360063 2085196212 283551090 298248173 TO HELP OUR MEMBERS ACHIEVE FINANCIAL SUCCESS BY PROVIDING EXCEPTIONAL PRODUCTS AND SERVICE. 0 0 CREDIT UNION PROVIDING LOANS AND DEPOSITS FOR OVER 108,659 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 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 28564 0 1 416 1 0 0 0 0 0 0 0 0 X 11 9 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 CHARLES HEAD DIRECTOR, FORMER PRESIDENT & CEO 1.00 X 644210 0 382367 BLAKE GRAHAM PRESIDENT/DIRECTOR 40.00 1.00 X X 588790 0 35918 DAVID DISHAROON CHAIRMAN 1.00 X X 9000 0 0 TIM PAYNE BOARD SECRETARY 1.00 1.00 X X 24232 0 0 DAVID PATTERSON DIRECTOR 1.00 X 26060 0 0 J T MIDDLEBROOKS DIRECTOR 1.00 X 20100 0 0 SARAH V MEEK DIRECTOR 1.00 1.00 X 26062 0 0 PHILIP UPCHURCH DIRECTOR 1.00 1.00 X 4500 0 0 BETTY RANSON DIRECTOR 1.00 X 21080 0 0 JOHN GLOVER DIRECTOR 1.00 X 4500 0 0 GARY KYLE DIRECTOR 1.00 X 4500 0 0 RACHAEL MARTIN CFO 40.00 1.00 X 326879 0 20111 JOHN ANDERSON CLO 40.00 1.00 X 269614 0 50745 MICHAEL WRIGHT CPO 40.00 X 245307 0 47798 MARY KELLEY CRO 40.00 X 235650 0 40616 KEYAIRA JONES CONSUMER LSR 40.00 X 208159 0 36465 BELINDA HILL VP RETAIL EXPERIENCE 40.00 X 213686 0 24798 2872329 0 638818 36 0 1 0 THE REDMOND COMPANY W228 N745 WESTMOUND DR WAUKESHA WI 53186 CONSTRUCTION DESIGN CONSULTANTS 29825722 FISERV INC PO BOX 934057 ATLANTA GA 31193 VISA PROCESSING AND MARKET RESEARCH 2485068 CANDESCENT PO BOX 660367 DALLAS TX 75266 DIGITAL BANKING PLATFORM 1703060 M2 THE AGENCY INC 18001 HWY 105 WEST STE 110 MONTGOMERY AL 77356 MARKETING CONSULTING SERVICES 1478014 CDW DIRECT PO BOX 75723 CHICAGO IL 606755723 SOFTWARE MAINTENANCE 1142003 39 INTEREST ON LOANS 522100 79264004 79264004 OTHER OPERATING INCOME 522100 10393067 10393067 FEES 522100 7712208 7712208 SALES OF LOANS AND LEASES 522100 21996 21996 97391275 12232488 12232488 109623763 97391275 0 12232488 317661 20000 2138308 19651130 1382608 4198813 1633549 37294 177950 1521660 3859270 3334427 3975501 2067222 324516 618385 1780481 DIVIDENDS AND INTEREST 49676207 LOAN SERVICING EXPENSE 9397895 PROVISION FOR LOAN LOSS 8400270 MEMBER INSURANCE 549449 2860431 117923027 3655284 5621103 189243375 59302965 3491000 3491000 1589168184 1730381980 83486968 17746956 34250585 65740012 476865775 385643767 128236950 133263558 2424911153 2383444385 30923396 18880650 2110436667 2066315562 2141360063 2085196212 X 0 0 0 0 283551090 298248173 283551090 298248173 2424911153 2383444385 X -8299264 17125843 5870504 X X 0 1 X 1 0 10796844 10796844 52600487 1016962 51583525 4843160 4310285 532875 14325045 12419709 1905336 921432 921432 65740012 CORPORATE CREDIT UNIONS PPC 769833 C NCUA CLF 6379165 C US GOVT-SPONSORED ENTERPRISES 375609767 F FEDERAL HOME LOAN BANK STOCK 2885002 F 385643767 ACCRUED INTEREST RECEIVABLE 7271594 FORECLOSED AND REPOSSESSED ASSETS 341354 NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT 17529726 NET PENSION ASSETS 80855172 OTHER 21844652 PREPAID EXPENSES 2166270 SECURITY DEPOSITS 34790 SPLIT DOLLAR LOAN RECEIVABLES 3220000 133263558 ACCRUED DIVIDENDS & INTEREST 718125 SHARES AND DEPOSITS 2040597437 FHLB BORROWINGS 25000000 2066315562 126749606 17125843 17125843 109623763 0 109623763 112052523 -5870504 -5870504 117923027 0 117923027 PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT TO RECOGNIZE FUNDED STATUS OF PENSION PLAN AND POST RETIREMENT -5,870,504. FORM 990 PART X THE ORGANIZATION HAS NO UNCERTAIN TAX LIABILITIES UNDER FIN 48. 1 APCU FOUNDATION INC 400 TRADEPORT BLVD SUITE 401 ATLANTA GA 30354 990455109 265661 0 OPERATIONS AND SCHOLARSHIPS SOUTHEASTERN CREDIT UNION FOUNDATION 3692 COOLIDGE COURT TALLAHASSEE FL 32311 592252733 501(C)(3) 10000 0 OPERATIONNS LGE COMMUNITY OUTREACH FOUNDATION INC 3100 CUMBERLAND BLVD 17 ATLANTA GA 30339 272905697 501(C)(3) 12000 0 OPERATIONS GEORGIA FFA-FCCLA PO BOX 237 SWAINSBORO GA 30401 20000 0 OPERATIONS 4 0 HIGHER EDUCATION SCHOLARSHIP 8 20000 PART I, LINE 2: DONATIONS WERE MADE TO CHARITABLE ORGANIZATIONS FOR OPERATIONS. X 1 1 X X X X 0 0 0 CHARLES HEAD DIRECTOR, FORMER PRESIDENT & CEO 0 0 0 0 644210 0 374277 0 8090 0 1026577 0 0 0 BLAKE GRAHAM PRESIDENT/DIRECTOR 502216 0 75000 0 11574 0 0 0 35918 0 624708 0 0 0 RACHAEL MARTIN CFO 299879 0 25000 0 2000 0 6042 0 14069 0 346990 0 0 0 JOHN ANDERSON CLO 245114 0 22500 0 2000 0 15203 0 35542 0 320359 0 0 0 MICHAEL WRIGHT CPO 220807 0 22500 0 2000 0 23000 0 24798 0 293105 0 0 0 MARY KELLEY CRO 208650 0 25000 0 2000 0 5074 0 35542 0 276266 0 0 0 KEYAIRA JONES CONSUMER LSR 206659 0 1500 0 0 0 23000 0 13465 0 244624 0 0 0 BELINDA HILL VP RETAIL EXPERIENCE 191186 0 22500 0 0 0 0 0 24798 0 238484 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. BLAKE GRAHAM PRESIDENT AND CEO SPLIT DOLLAR LIFE INSURANCE X 1680000 1680000 0 1 1 RACHAEL MARTIN CFO SPLIT DOLLAR LIFE INSURANCE X 585000 585000 0 1 1 MICHAEL WRIGHT CPO SPLIT DOLLAR LIFE INSURANCE X 1226000 1226000 0 1 1 3491000 FORM 990, PART VI, SECTION A, LINE 6 ATLANTA POSTAL CREDIT UNION IS A STATE-CHARTERED CREDIT UNION WITH 108,659 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 5,870,504. FORM 990. PART XII, LINE 2C. THERE HAVE BEEN NO CHANGES TO THE AUDITOR SELECTION PROCESS NOR THE FINANCIAL STATEMENT REVIEW. APCU FOUNDATION INC 400 TRADEPORT BLVD SUITE 401 ATLANTA GA 30354 990455109 GRANT-MAKING ORGANIZATION GA 501(C)(3) LINE 10 ATLANTA POSTAL CREDIT UNION 1 THE CREDIT UNION LOAN SOURCE LLC 1669 PHOENIX PARKWAY 110 COLLEGE PARK GA 30349 ORIGINATES LOANS GA N/A C 1504817 44250208 0.25000 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 APCU FOUNDATION B 265661 ACTUAL