Dec, 31, 2023 — BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 3 branch locations and about $71.14 million in total assets. Opened 88 years ago in 1936, BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION has about 6,370 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 11123 Boardwalk Dr BATON ROUGE, LA 70816 |
| Phone: | (225) 274-8383 |
| Fax: | (225) 274-8371 |
| Website: | https://brfdfcu.com |
| Branches: | 3 branch locations |
| Members: | 6,370 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 1257 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $71,137,439 |
| CEO/Manager: | Dawn Heath |
| Chairperson: | Alton Comeaux |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,419,079 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 20,129,438 |
| Unsecured Loans | 5,874,666 |
| Other Loans | 31,888,562 |
| TOTAL LOANS | 57,892,666 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -119,622 |
| Land And Building | 476,448 |
| Other Fixed Assets | 21,113 |
| NCUSIF Deposit | 551,802 |
| All Other Assets | 0 |
| TOTAL ASSETS | 71,137,439 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 211,355 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 259,528 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,888,780 |
| Regular shares | 34,502,768 |
| All Other Shares & Deposits | 15,502,121 |
| TOTAL SHARES & DEPOSITS | 55,893,669 |
| TOTAL LIABILITIES | 56,364,552 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 14,772,887 |
| TOTAL EQUITY | 14,772,887 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 71,137,439 |
| INCOME & EXPENSE | |
| Loan Income | 2,713,976 |
| Investment Income | 341,489 |
| Other Income | 458,722 |
| Total Employee Compensation & Benefits | 842,005 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,315,210 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 620,240 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,095,078 |
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