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WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION

Dec, 31, 2023 — WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION is a federal credit union headquartered in WILMINGTON, DE with 1 branch location and about $14.73 million in total assets. Opened 68 years ago in 1956, WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION has about 3,875 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 231177294
Name:WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION
Address:
(Main Office)
1701 Shallcross Ave
WILMINGTON, DE 19806
Phone:(302) 654-0818
Fax:(302) 654-1071
Website:https://www.wpffcu.org
Branches:1 branch locations
Members:3,875
Credit Union Type:Federal Credit Union
Charter Number:11347
Membership Type:Associational - Fraternal, other than those designated 'low-income'
Corporate Credit Union:No
Year Opened:1956
Last Audited:Mar 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$14,734,223
CEO/Manager:Evelyn Vega
Chairperson:MARTIN LENHART

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 301,812
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,022,097
 Other Loans 2,656,363
 TOTAL LOANS 3,687,036
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,961
 Land And Building 0
 Other Fixed Assets 3,423
 NCUSIF Deposit 127,126
 All Other Assets 0
  TOTAL ASSETS 14,734,223
LIABILITIES & CAPITAL:  
 Dividends Payable 5,595
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 3,650
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 925,869
 Regular shares 9,903,074
 All Other Shares & Deposits 1,470,226
  TOTAL SHARES & DEPOSITS 12,299,169
  TOTAL LIABILITIES 12,308,414
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,425,809
  TOTAL EQUITY 2,425,809
  TOTAL LIABILITIES, SHARES, & EQUITY 14,734,223
INCOME & EXPENSE  
 Loan Income 245,544
 Investment Income 123,790
 Other Income 53,465
 Total Employee Compensation & Benefits 191,768
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 341,561
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 36,812
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -75,666
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