Dec, 31, 2023 — DENVER FIRE DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in DENVER, CO with 2 branch locations and about $204.26 million in total assets. Opened 86 years ago in 1938, DENVER FIRE DEPARTMENT FEDERAL CREDIT UNION has about 6,148 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DENVER FIRE DEPARTMENT FEDERAL CREDIT UNION |
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Address: (Main Office) | 12 Lakeside Ln DENVER, CO 80212-7413 |
Phone: | (303) 228-5300 |
Fax: | (303) 228-5333 |
Website: | https://www.dfdfcu.com |
Branches: | 2 branch locations |
Members: | 6,148 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 2881 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1938 |
Last Audited: | Oct 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $204,262,353 |
CEO/Manager: | Michael Kerr |
Chairperson: | Scott Simpson |
ASSETS: | $ Amount |
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Cash & Equivalents | 15,742,747 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 79,718,390 |
Unsecured Loans | 3,647,253 |
Other Loans | 18,993,635 |
TOTAL LOANS | 102,359,278 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -435,463 |
Land And Building | 4,679,294 |
Other Fixed Assets | 102,507 |
NCUSIF Deposit | 1,489,074 |
All Other Assets | 0 |
TOTAL ASSETS | 204,262,353 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 8,000,000 |
Accounts Payable & Other Liabilities | 1,413,914 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 33,492,936 |
Regular shares | 71,680,552 |
All Other Shares & Deposits | 69,104,371 |
TOTAL SHARES & DEPOSITS | 174,277,859 |
TOTAL LIABILITIES | 183,691,773 |
Regular Reserve | 0 |
Other Reserves | -5,052,948 |
Undivided Earnings | 25,623,528 |
TOTAL EQUITY | 20,570,580 |
TOTAL LIABILITIES, SHARES, & EQUITY | 204,262,353 |
INCOME & EXPENSE | |
Loan Income | 4,255,924 |
Investment Income | 2,859,683 |
Other Income | 114,021 |
Total Employee Compensation & Benefits | 1,695,953 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,438,707 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,041,028 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,709,461 |
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