Civic Intelligence

Atlanta Postal Credit Union

EIN 58-0146810 • 501(c)14 • Atlanta, GA

Profile

To help our members achieve financial success by providing exceptional products and service.

3900 Crown RoadAtlanta, GA 30380-0001

www.apcu.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

11th percentile

0.87x

Higher debt load relative to assets than 11% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

19.02x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2024

Net Margin

4th percentile

-7.6%

Higher net margin than 4% of similar nonprofits.

501(c)14 • $1B+ nonprofits • Source year 2024

Top Officer Pay

48th percentile

$1,026,577

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

$1B+ nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Down

$2,383,444,385

Down $41,466,768 (-1.7%) from 2023

Liabilities

Down

$2,085,196,212

Down $56,163,851 (-2.6%) from 2023

Net Assets

Up

$298,248,173

Up $14,697,083 (+5.2%) from 2023

Revenue

Up

$109,623,763

Up $1,380,324 (+1.3%) from 2023

Expenses

Up

$117,923,027

Up $12,755,357 (+12%) from 2023

Net Income

Down

-$8,299,264

Down $11,375,033 (-370%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0B$2.0B$1.0B$0Assets 2010: $1,939,474,085Liabilities 2010: $1,721,338,221Net Assets 2010: $218,135,8642010Assets 2011: $1,972,771,087Liabilities 2011: $1,746,259,775Net Assets 2011: $226,511,3122011Assets 2012: $2,030,761,169Liabilities 2012: $1,797,205,192Net Assets 2012: $233,555,9772012Assets 2013: $2,033,951,996Liabilities 2013: $1,795,269,373Net Assets 2013: $238,682,6232013Assets 2014: $2,038,480,026Liabilities 2014: $1,799,613,667Net Assets 2014: $238,866,3592014Assets 2015: $2,039,162,096Liabilities 2015: $1,798,312,223Net Assets 2015: $240,849,8732015Assets 2016: $2,093,521,449Liabilities 2016: $1,851,752,400Net Assets 2016: $241,769,0492016Assets 2017: $2,107,764,800Liabilities 2017: $1,861,259,157Net Assets 2017: $246,505,6432017Assets 2018: $2,121,514,285Liabilities 2018: $1,860,168,652Net Assets 2018: $261,345,6332018Assets 2019: $2,165,395,511Liabilities 2019: $1,893,683,264Net Assets 2019: $271,712,2472019Assets 2020: $2,416,741,247Liabilities 2020: $2,145,822,882Net Assets 2020: $270,918,3652020Assets 2021: $2,565,202,791Liabilities 2021: $2,290,861,586Net Assets 2021: $274,341,2052021Assets 2022: $2,508,761,304Liabilities 2022: $2,238,342,292Net Assets 2022: $270,419,0122022Assets 2023: $2,424,911,153Liabilities 2023: $2,141,360,063Net Assets 2023: $283,551,0902023Assets 2024: $2,383,444,385Liabilities 2024: $2,085,196,212Net Assets 2024: $298,248,1732024

Highlighted filing

2024

Assets$2,383,444,385
Liabilities$2,085,196,212
Net Assets$298,248,173

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $72,159,3972010Expenses 2011: $61,837,6392011Expenses 2012: $54,245,1322012Revenue 2013: $59,037,960Expenses 2013: $50,490,174Net Income 2013: $8,547,7862013Revenue 2014: $59,069,770Expenses 2014: $53,854,604Net Income 2014: $5,215,1662014Revenue 2015: $60,288,185Expenses 2015: $56,496,619Net Income 2015: $3,791,5662015Revenue 2016: $65,513,777Expenses 2016: $62,667,552Net Income 2016: $2,846,2252016Revenue 2017: $74,313,598Expenses 2017: $66,612,773Net Income 2017: $7,700,8252017Revenue 2018: $85,313,280Expenses 2018: $71,270,199Net Income 2018: $14,043,0812018Revenue 2019: $91,838,431Expenses 2019: $76,906,606Net Income 2019: $14,931,8252019Revenue 2020: $86,407,142Expenses 2020: $81,880,110Net Income 2020: $4,527,0322020Revenue 2021: $86,141,254Expenses 2021: $74,758,149Net Income 2021: $11,383,1052021Revenue 2022: $95,502,875Expenses 2022: $81,147,298Net Income 2022: $14,355,5772022Revenue 2023: $108,243,439Expenses 2023: $105,167,670Net Income 2023: $3,075,7692023Revenue 2024: $109,623,763Expenses 2024: $117,923,027Net Income 2024: -$8,299,2642024

Highlighted filing

2024

Revenue$109,623,763
Expenses$117,923,027
Net Income-$8,299,264

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,383$2,085$298$110$118$8.30
2023Detailed filing. Detailed filing data is available for this year.$2,425$2,141$284$108$105$3.08
2022Detailed filing. Detailed filing data is available for this year.$2,509$2,238$270$95.5$81.1$14.4
2021Detailed filing. Detailed filing data is available for this year.$2,565$2,291$274$86.1$74.8$11.4
2020Detailed filing. Detailed filing data is available for this year.$2,417$2,146$271$86.4$81.9$4.53
2019Detailed filing. Detailed filing data is available for this year.$2,165$1,894$272$91.8$76.9$14.9
2018Detailed filing. Detailed filing data is available for this year.$2,122$1,860$261$85.3$71.3$14.0
2017Detailed filing. Detailed filing data is available for this year.$2,108$1,861$247$74.3$66.6$7.70
2016Detailed filing. Detailed filing data is available for this year.$2,094$1,852$242$65.5$62.7$2.85
2015Detailed filing. Detailed filing data is available for this year.$2,039$1,798$241$60.3$56.5$3.79
2014Detailed filing. Detailed filing data is available for this year.$2,038$1,800$239$59.1$53.9$5.22
2013Detailed filing. Detailed filing data is available for this year.$2,034$1,795$239$59.0$50.5$8.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,031$1,797$234$54.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,973$1,746$227$61.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,939$1,721$218$72.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 1, 2025
Return Version
2024v5.2
Gross Receipts
$109,623,763
Mission and Program Overview

Mission

To help our members achieve financial success by providing exceptional products and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,589,168,184$1,730,381,980▲ $141,213,796
Investments Other Securities$476,865,775$385,643,767▼ $91,222,008
Rtn Earn Endowment Incm Other Fnds$283,551,090$298,248,173▲ $14,697,083
Land, Buildings, and Equipment, Net$34,250,585$65,740,012▲ $31,489,427
Savings and Temporary Cash Investments$189,243,375$59,302,965▼ $129,940,410
Cash and Non-Interest-Bearing Accounts$3,655,284$5,621,103▲ $1,965,819
Receivables From Officers Etc$3,491,000$3,491,000→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,424,911,153$2,383,444,385▼ $41,466,768
Other Assets Total$128,236,950$133,263,558▲ $5,026,608
Liabilities
Other Liabilities$2,110,436,667$2,066,315,562▼ $44,121,105
Accounts Payable and Accrued Expenses$30,923,396$18,880,650▼ $12,042,746
Total Liabilities$2,141,360,063$2,085,196,212▼ $56,163,851
Net Assets / Fund Balance
Total Net Assets Fund Balance$283,551,090$298,248,173▲ $14,697,083
Total Liabilities and Net Assets / Fund Balance$2,424,911,153$2,383,444,385▼ $41,466,768

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$51,583,525$1,016,962$52,600,487
Equipment$1,905,336$12,419,709$14,325,045
Land$10,796,844-$10,796,844
Leasehold Improvements$532,875$4,310,285$4,843,160
Other Land Buildings$921,432-$921,432
Other Assets Org$3,220,000--
Other Securities$2,885,002--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles HeadDirector, Former President & CEO-$644,210$1,026,577$1,026,577
Blake GrahamPresident/directorFT$502,216$122,492$624,708
Rachael MartinCFOFT$299,879$47,111$346,990
John AndersonCLOFT$245,114$75,245$320,359
Michael WrightCPOFT$220,807$72,298$293,105
Mary KelleyCROFT$208,650$67,616$276,266
Keyaira JonesConsumer LsrFT$206,659$37,965$244,624
Belinda HillVP Retail ExperienceFT$191,186$47,298$238,484
Sarah V MeekDirector-$26,062-$26,062
David PattersonDirector-$26,060-$26,060
Tim PayneBoard Secretary-$24,232-$24,232
Betty RansonDirector-$21,080-$21,080
J T MiddlebrooksDirector-$20,100-$20,100
David DisharoonChairman-$9,000-$9,000
Gary KyleDirector-$4,500-$4,500
John GloverDirector-$4,500-$4,500
Philip UpchurchDirector-$4,500-$4,500

Highest Paid Contractors

ContractorServicesLocationCompensation
The Redmond CompanyConstruction Design ConsultantsW228 N745 WESTMOUND DR, Waukesha, WI 53186$29,825,722
Fiserv INCVisa Processing And Market ResearchPO BOX 934057, Atlanta, GA 31193$2,485,068
CandescentDigital Banking PlatformPO BOX 660367, Dallas, TX 75266$1,703,060
M2 The Agency INCMarketing Consulting Services18001 HWY 105 WEST STE 110, Montgomery, AL 77356$1,478,014
Cdw DirectSoftware MaintenancePO BOX 75723, Chicago, IL 60675-5723$1,142,003
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$97,391,275
Investment Income
$12,232,488
Other Revenue
$0
Change in Net Assets
$-8,299,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$109,623,763
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,125,843
Total Revenue per Audited Statements
$126,749,606
Total Revenue per Form 990
$109,623,763
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$88,580,958
Salaries, Compensation, and Employee Benefits$29,004,408
Grants and Similar Amounts Paid$337,661
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$19,651,130
Other Employee Benefits---$4,198,813
Information Technology---$3,975,501
Advertising---$3,859,270
Office Expenses---$3,334,427
All Other Expenses---$2,860,431
Current Officers, Directors, Trustees, and Key Employees---$2,138,308
Occupancy---$2,067,222
Depreciation Depletion---$1,780,481
Payroll Taxes---$1,633,549
Fees for Services Other---$1,521,660
Pension Plan Contributions---$1,382,608
Conferences and Meetings---$618,385
Other Expenses---$549,449
Travel---$324,516
Grants to Domestic Orgs---$317,661
Fees for Services Accounting---$177,950
Fees for Services Legal---$37,294
Grants to Domestic Individuals---$20,000
Total Functional Expenses$0$0$0$117,923,027

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$117,923,027
Total Expenses per Form 990$117,923,027
Total Expenses per Audited Statements$112,052,523
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-5,870,504
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Apcu Foundation IncAtlanta, GA501(c)(3)Operations and Scholarships$265,661
Georgia Ffa-fcclaSwainsboro, GA-Operations$20,000
Lge Community Outreach Foundation IncAtlanta, GA-Operations$12,000
Southeastern Credit Union FoundationTallahassee, FL501(c)(3)Operationns$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$3,491,000$3,491,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Shares and Deposits$2,040,597,437
Fhlb Borrowings$25,000,000
Accrued Dividends & Interest$718,125
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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.

Filing and Contact Details

Filer

Filer Name
Atlanta Postal Credit Union
EIN
58-0146810
Phone
4047684126
Address
3900 CROWN ROAD, ATLANTA, GA 30380-0001

Signing Officer

Name
Blake Graham
Title
President/CEO
Phone
4047684126
Signed
2025-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Blake Graham
Formed
1925
Legal Domicile
Ga
Voting Board Members
11
Independent Board Members
9
Employees
416
Volunteers
14

Preparer

Firm
Mauldin & Jenkins LLC
Address
200 GALLERIA PKWY SE STE 1700, ATLANTA, GA 30339-5946
Preparer
Mary Jo Alexander
Phone
7709558600
Supplemental Narrative

Additional Explanations

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.

Financial Statement Notes

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.

Raw XML AppendixShowing 400 of 783 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0TO HELP OUR MEMBERS ACHIEVE FINANCIAL SUCCESS BY PROVIDING EXCEPTIONAL PRODUCTS AND SERVICE.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1250745
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1347798
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1440616
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1536465
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1624798
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES HEAD
IRS990/Form990PartVIISectionAGrp/PersonNm1BLAKE GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID DISHAROON
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm5J T MIDDLEBROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm6SARAH V MEEK
IRS990/Form990PartVIISectionAGrp/PersonNm7PHILIP UPCHURCH
IRS990/Form990PartVIISectionAGrp/PersonNm8BETTY RANSON
IRS990/Form990PartVIISectionAGrp/PersonNm9JOHN GLOVER
IRS990/Form990PartVIISectionAGrp/PersonNm10GARY KYLE
IRS990/Form990PartVIISectionAGrp/PersonNm11RACHAEL MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm14MARY KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm15KEYAIRA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm16BELINDA HILL
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt104500
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12269614
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR, FORMER PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CPO
IRS990/Form990PartVIISectionAGrp/TitleTxt14CRO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CONSUMER LSR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP RETAIL EXPERIENCE
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IRS990/FormationYr01925
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IRS990/FSAuditedInd01
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NCUA SHARE INSURANCE CAPITALIZATION DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NET PENSION ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5PREPAID EXPENSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7SPLIT DOLLAR LOAN RECEIVABLES
IRS990ScheduleD/OtherExpensesIncludedAmt0-5870504
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0921432
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SHARES AND DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FHLB BORROWINGS

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