Apco Employees Credit Union
Cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a source of credit for them at legitimate rates of interest.
Key facts about Apco Employees Credit Union
In short: Apco Employees Credit Union reported $3K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- EIN
- 63-0328360
- Latest 990 filing
- Form 990, 2024
- Grants paid (2024)
- $2,510 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $3,450,256,926
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$3.5B
-1.5% YoY
Grants Paid (reported total)
$3K
-95.3% YoY
Revenue
$119.3M
+0.8% YoY
About Apco Employees Credit Union
Based on IRS filings
Apco Employees Credit Union is a public charity, based in Birmingham, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5B in total assets. In 2024, it reported $3K in grants paid as a total on its IRS filing, without an itemized list.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $3K (2024) to $57K (2021). In 2024 it reported $3K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 3 (67%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,450,256,926 | $3,501,472,069 | $3,420,389,538 |
| Revenue | $119,293,106 | $118,347,236 | $88,615,377 |
| Expenses | $110,753,878 | $100,998,695 | $62,410,992 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Apco Employees Credit Union is led by Derrick Ragland, CEO on every filing since 2020; all 21 officers listed in 2024 are compensated.
Officers on the 2024 filing
Derrick Ragland
CEO
On filings since 2020
40 hrs/week
$569K (2020) → $996K (2024)
Gregg Shipp
Director - Chairperson
Director - Treasurer → Director - Vice Chairperson, 2021
Director - Vice Chairperson → Director - Chairperson, 2024
On filings since 2020
1 hr/week
$688 (2020) → $7K (2024)
Carissa Ledbetter
Supervisory Committee Chairperson
Supervisory Committee → Supervisory Committee Chairperson, 2024
On filings since 2022
1 hr/week
$4K (2022) → $4K (2024)
Carlton Stephens
Director
On filings since 2020
1 hr/week
$6K (2022) → $6K (2024)
Celia Yates
Director - Secretary
On filings since 2020
1 hr/week
$1K (2020) → $10K (2024)
John Valekis
Director
Director → Director - Treasurer, 2021
Director - Treasurer → Director, 2024
On filings since 2020
1 hr/week
$8K (2022) → $4K (2024)
Mark Wilkinson
Director
Director - Vice Chairman → Director - Chairperson, 2021
Director - Chairperson → Director, 2024
On filings since 2020
1 hr/week
$2K (2022) → $2K (2024)
Robert B. Roy
Director
On filings since 2020
1 hr/week
$7K (2022) → $8K (2024)
Constantine Sfakianos
Director
New on the 2024 filing
1 hr/week
$33 (2024)
Daniel Blalock
Director - Treasurer
New on the 2024 filing
1 hr/week
$7K (2024)
Allison Boone
Director - Vice Chairperson
Supervisory Committee → Director, 2022
Director → Director - Vice Chairperson, 2024
On filings since 2020
1 hr/week
$8K (2022) → $8K (2024)
Andy Rush
COO
On filings since 2020
40 hrs/week
$262K (2020) → $410K (2024)
Angela Wright
It Manager
On filings since 2020
40 hrs/week
$215K (2020) → $255K (2024)
Ann Wilkinson
Supervisory Committee Member
Supervisory Committee → Supervisory Committee Member, 2024
On filings since 2020
1 hr/week
$2K (2022) → $2K (2024)
Blane Mink
CFO & Vice President
On filings since 2020
40 hrs/week
$365K (2020) → $993K (2024)
Danna Horne
Administrator Manager
On filings since 2020
40 hrs/week
$147K (2020) → $188K (2024)
Don Manuel
Former Key Employee
Cuso Manager → Former Key Employee, 2021
On filings since 2020
1 hr/week
$1.1M (2020) → $101K (2024)
Greg Bass
Supervisory Committee Member
Supervisory Committee Chairperson → Supervisory Committee Chair, 2023
Supervisory Committee Chair → Supervisory Committee Member, 2024
On filings since 2020
1 hr/week
$5K (2022) → $5K (2024)
Jacob Julian
Comptroller
On filings since 2020
40 hrs/week
$160K (2020) → $205K (2024)
Preston Holder
Lending Manager
On filings since 2021
40 hrs/week
$131K (2021) → $154K (2024)
Jonathan Cantrell
Loan Officer
On filings since 2022
40 hrs/week
$134K (2022) → $147K (2024)
Former officers (8)
- Former: Wendell Pate (2020–2023) — Director
- Former: Dan Blalock (2023) — Director
- Former: David A. Marlowe (2023) — Former COO of Powerco
- Former: Marcia E. Tidmore (2023) — Former CFO of Powerco
- Former: Bill Gober (2020–2022) — Director
- Former: Melinda Lopez (2020–2022) — Director
- Former: Alan Russell (2020–2021) — Member Service Manager
- Former: Jennifer Tetloff (2020) — Hr Manager
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $996K, to Derrick Ragland (CEO). 21 officers or directors reported compensation on that filing.
Frequently asked questions about Apco Employees Credit Union
How much does Apco Employees Credit Union give each year?
Apco Employees Credit Union reported $3K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it gave $54K across 1 grant.
How large is Apco Employees Credit Union?
Apco Employees Credit Union reported $3.5B in total assets on its 2024 IRS Form 990. Its revenue that year was $119.3M.
Where does Apco Employees Credit Union operate?
Apco Employees Credit Union has awarded grants in Alabama.
What is Apco Employees Credit Union's EIN?
Apco Employees Credit Union's EIN (Employer Identification Number) is 63-0328360. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Apco Employees Credit Union by hand.
Explore Open Grants
Browse active grant opportunities in Apco Employees Credit Union's focus areas in our free grants database
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More Funders in Alabama
Apco Employees Credit Union down — hundreds of funders to go?