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GARY FIREFIGHTERS ASSOCIATION FEDERAL CREDIT UNION

Dec, 31, 2023 — GARY FIREFIGHTERS ASSOCIATION FEDERAL CREDIT UNION is a federal credit union headquartered in GARY, IN with 1 branch location and about $1.79 million in total assets. Opened 89 years ago in 1935, GARY FIREFIGHTERS ASSOCIATION FEDERAL CREDIT UNION has about 305 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.


Name:GARY FIREFIGHTERS ASSOCIATION FEDERAL CREDIT UNION
Address:
(Main Office)
200 E 5th Ave
GARY, IN 46402
Phone:(219) 881-5217
Fax:(219) 886-9771
Website:n/a
Branches:1 branch locations
Members:305
Credit Union Type:Federal Credit Union
Charter Number:169
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1935
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$1,791,177
CEO/Manager:Joseph R Aguilar
Chairperson:James Delgado

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 941,296
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 550,204
 Other Loans 0
 TOTAL LOANS 550,204
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -16,595
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 14,145
 All Other Assets 0
  TOTAL ASSETS 1,791,177
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 0
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,083,966
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,083,966
  TOTAL LIABILITIES 1,083,966
 Regular Reserve 0
 Other Reserves 61,913
 Undivided Earnings 645,298
  TOTAL EQUITY 707,211
  TOTAL LIABILITIES, SHARES, & EQUITY 1,791,177
INCOME & EXPENSE  
 Loan Income 77,598
 Investment Income 15,933
 Other Income 3,840
 Total Employee Compensation & Benefits 69,498
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 45,735
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 4,025
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -20,175
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