We’re more than just a financial institution in our community — we’re also our members’ financial partner. For over 76 years, we’ve committed to our members by offering educational guidance, online resources, and financial products to help them reach their goals.
We’re also dedicated to strengthening our community. Through volunteer events, resource drives, and monetary donations, we’re proud to do even more for the communities that support us.
Join us in banking on each other and building stronger communities in 2026.
OUR HISTORY OUR HISTORY
OUR HISTORY OUR HISTORY
In 1949, a group of like-minded teachers came up with the idea to work together not just as colleagues, but also as stewards of each other’s financial futures.
Guided by the philosophy of mutual benefit, these teachers created a notfor-profit financial cooperative. As with many things in life, looking out for each other made everyone stronger and more secure.
With this foundation, we’ve grown into an award-winning credit union in Texas serving hundreds of thousands of members and community members.
After 76 years, many things have changed, but our bedrock principles remain. A+FCU takes the financial capability of every member seriously. We strive to understand their needs to provide the best financial guidance for where they are in life and where they want to go — helping them on their journey to live their A+ lives.
FROM YOU FROM YOU FROM YOU FROM YOU
“The team at A+FCU are the best! They truly care about customers and go the extra mile. They’re especially dedicated to helping students learn about money, which is very needed!” — Page M.
“You’ve always been there for us when we needed loans, etc. for the different stages of our life needs. Thank you.” — Lorelei O.
“Great service and environment — banking like it should be. Fast, prompt, and reliable service. An easy to work with organization creates an environment of trust and builds a real relationship.” — Alexander T.
“Awesome, professional, and courteous service. It means a lot when people have the same care for your loved ones when doing banking business.” — Jimmy S.
FROM THE CHAIR & PRESIDENT/CEO
FROM THE CHAIR & PRESIDENT/CEO
FROM THE CHAIR & PRESIDENT/CEO FROM THE CHAIR & PRESIDENT/CEO
In 2025, A+ Federal Credit Union continued to build on the strong foundation established over the past 76 years, helping members reach their financial goals through products, education, and support designed so every member can live their A+ life.
As we reflect on the year, we’re proud to serve as one of the largest and strongest credit unions in Central Texas. We gave back more than $6.17 million to our members and the communities we serve. The Board and Management team focused on delivering products and services that empower and benefit our valued members. Highlights of 2025 include members earning $2.80 million through our Cash-Back Checking program and $1.96 million in benefits from lower loan rates and higher dividends. We also supported members with $507 million in loans, including home equity loans, mortgages, auto loans, and personal loans.
Our continued investment in technology delivered secure, convenient, and innovative solutions for managing money anytime, anywhere. This commitment helped the A+ Mobile App earn the #1 ranking as the 2025 Best Mobile Banking App in the U.S. and North America in the World’s Best Digital Bank Awards.
We were honored to receive several awards that reflect our dedication to serving members and creating an exceptional workplace. In 2025, A+FCU was once again recognized as Best Credit Union, Best Financial Planning, Best Investment Firm, and Best Customer Service, as well as being named a 2025 Top Workplace in Greater Austin and a 2025 FAVE Award Company Culture winner.
Community service continued to be a cornerstone of A+FCU. Our A+ Gives program celebrated its sixth year with thousands of volunteer hours contributed by employees committed to making a meaningful difference. We’re especially proud of how our team members took immediate action to collect and provide donations to those impacted by the devastating floods in our area last summer. Additionally, our fourth annual A+ Gives Day brought together hundreds of team members who
volunteered more than 1,500 hours across Texas and beyond. In total, the A+ Gives program contributed $171,885 in time, donations, and resources to strengthen our communities.
Another important aspect of our mission is financial education. Our Community Education team hosted 12 Mad City Money budgeting simulations, reaching 2,400 students. Overall, our A+ team spent a total of 650 hours in 2025 helping over 11,600 people feel more confident about their money through presentations and educational events.
A+FCU financial giving included awarding 60 scholarships totaling $120,000 to high school graduates pursuing higher education and collegiate students pursuing or furthering their career in education. Through spirit debit card Cash-Back Checking rewards, we gave back over $179,798 to area schools and districts.
Our commitment to impact the community earned recognition with the Austin Gives 2025 Generous Business Award and the 2025 Nancy Rabb Legacy Award. While much has changed since our founding in 1949, our mission to positively impact members’ lives and strengthen communities remains steadfast.
We extend our sincere gratitude to our more than 500 team members for their dedication to exceptional member service and community engagement.
The Board and Management team are committed to safeguarding members’ accounts and deposits, backed by the National Credit Union Administration (NCUA) and the National Credit Union Share Insurance Fund (NCUSIF). Strategic decisions in 2025 further strengthened our financial stability, ensuring we can continue serving members with confidence.
Throughout 2025, we helped members Live Their A+ Lives — whether by building budgets, consolidating debt, purchasing homes, planning for retirement, or protecting themselves from fraud. Every member’s journey is unique, and our commitment remains the same: to provide secure, reliable products and personalized support that make achieving your goals easier.
We’re honored to be your financial partner and look forward to helping you continue living your A+ life in the years ahead.
Respectfully,
Landon K. Spillmann Chair
Eric R. Kase President/CEO
FROM THE TREASURER FROM THE TREASURER FROM
THE TREASURER FROM THE TREASURER
As we close another year, I am proud to share that A+ Federal Credit Union continues to build on a legacy of member-focused growth and resilience. In 2025, our assets climbed to $2.56 billion and member shares reached $2.06 billion, reflecting our ongoing commitment to financial health. Our net worth ratio stands strong at 13.30%, and we have preserved solid liquidity and managed risk effectively. Membership expanded to 193,309, a testament to the trust our community places in us.
This year, we also invested in new digital tools and enhanced member services, making it easier than ever for members to connect with us and manage their finances. We introduced a new dashboard that modernized online banking with a personalized experience while promoting services and products.
The Elan Credit Card Module simplified credit card applications within online banking, driving adoption — after its November 10 launch, booked cards surged from an average of 151 per month to 757 by year-end, providing timely financial support during the holidays. Additionally, Mobile Push Authentication offered a secure, convenient alternative for login verification, reinforcing our commitment to safety and ease of access.
Every achievement this year is rooted in the vision of our founders and the dedication of our members. I invite you to review the 2025 Statement of Financial Condition in this report. Thank you for your confidence and partnership.
Dr. Tamey Williams-Hill Treasurer
FROM THE SUPERVISORY COMMITTEE FROM THE SUPERVISORY COMMITTEE FROM THE SUPERVISORY COMMITTEE FROM THE SUPERVISORY COMMITTEE
I am pleased to present this year’s Supervisory Committee update. Our committee, appointed by the Board of Directors, is dedicated to protecting your interests and ensuring sound governance at A+ Federal Credit Union.
The 2025 Supervisory Committee includes:
• Toni L. Williams Davis, Chair
• Allen H. Kaplan, Secretary
• Angela Iglehart-Wood, Member
• Robert Muller, Member
• Jeremy M. Polansky, Board Liaison
In 2025, we focused on strengthening risk management and asset protection. By working closely with Internal Audit, we proactively identified and addressed potential risks, ensuring our controls and
procedures meet industry standards and regulatory requirements.
An independent CPA firm conducts our annual financial audit, and I am pleased to report their continued confidence in our transparency and accuracy.
If you have concerns that require further attention, please contact us at:
Thank you for your trust. We are honored to serve you.
Warm regards,
Toni L. Williams Davis Supervisory Committee Chair
“I also want to extend our appreciation to your incredible team members who volunteered their time with us for A+ Gives Day. We look forward to our continued partnership and improving the lives of our community together.”
— Kerrie Stannel, Chief Executive Officer of Williamson County Children’s Advocacy Center
STATEMENT OF FINANCIAL CONDITION
PROFIT AND LOSS STATEMENT
Our efforts to positively impact our members and community resulted in a rewarding 2025. We were recognized with awards not only for our services to our members, but also for the time and monetary support donated to our community partners.
Thanks to the loyalty of our members and community, we were able to continue our efforts in supporting schools, students and educators, community outreach programs, the fight against food insecurity, animal needs, and park beautification. Our partners work hard, and we’re honored to have the opportunity to help them succeed.
Here’s some of what we accomplished together in 2025.
$2.80 Million Member earnings from Cash-Back Checking 14,619 Number of new members
$1.96 Million PlusPoints Member Loyalty Program rewards redeemed 1,508 A+ Gives Day staff hours volunteered
Total donated for A+ Gives $171,885 468
Financial Education events reaching 11,670 people
$507 Million In new loans to support members
$84,476 In grants awarded to 63 educators $179,798
High school & district spirit debit card program giveback 524 Employees at the end of 2025 123 Youth Financial Camp participants $120,000 Scholarships awarded to 60 recipients
Personal Management Merit Badges awarded
Awards
2025 Austin Community’s Choice Awards
33,746 A+ Mobile App downloads in 2025
Best Credit Union, Best Customer Service, Best Financial Services, Best Investment Firm, Best Overall Leadership, Best Place to Work
Austin Gives 2025 Generous Business Award Community Leader
2025 Nancy Rabb Legacy Award
Greater Austin Hispanic Chamber of Commerce 2025 Corporation of the Year
Best Consumer Digital Banks in US & North America 2025 Best Mobile Banking App 2025 Top Workplaces Award
6,225
Total Staff Volunteer Hours
Total Staff Volunteered 562
356
Total Organizations Impacted
$913,580
Total Amount Donated
1,170
Total Presentations and Events
$6.17 Million 2025 Total Community Impact
Given to strengthen our communities. Summary of 2025 giveback across all A+FCU giving categories, including community partner donations, school and member cash-back programs, sponsorships, and more.
Board of Directors
Landon K. Spillmann, Chair
Dr. Gloria L. Williams, Vice Chair
Dr. Tamey Williams-Hill, Treasurer
Terry L. Lord, Secretary
Jeremy M. Polansky, Director
Dr. Craig Spinn, Director
James C. Valadez, Director
Officers
Eric R. Kase, President/Chief Executive Officer
Julie Bowering, Senior Vice President Lending
David Cic, Chief Financial Officer
OJ Gilder, Chief Information Officer & Senior Vice President Enterprise Risk Management
Tricia Lewis, Senior Vice President Human Resources
Brandon McGee, Chief Digital Strategy Officer
Michelle Peterson, Chief Member Experience Officer
