Dec, 31, 2023 — HAVERHILL FIRE DEPARTMENT CREDIT UNION is a federally insured state chartered credit union headquartered in HAVERHILL, MA with 1 branch location and about $24.79 million in total assets. Opened 91 years ago in 1933, HAVERHILL FIRE DEPARTMENT CREDIT UNION has about 1,266 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HAVERHILL FIRE DEPARTMENT CREDIT UNION |
|---|---|
| Address: (Main Office) | 75 Kenoza Ave HAVERHILL, MA 01830-4132 |
| Phone: | (978) 372-8833 |
| Fax: | (978) 372-7782 |
| Website: | https://www.hfdcu.com |
| Branches: | 1 branch locations |
| Members: | 1,266 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67710 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,792,491 |
| CEO/Manager: | David J Butt |
| Chairperson: | Eric M Tarpy |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,931,967 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,328,105 |
| Unsecured Loans | 801,455 |
| Other Loans | 5,947,088 |
| TOTAL LOANS | 17,076,648 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,140 |
| Land And Building | 684,100 |
| Other Fixed Assets | 129,614 |
| NCUSIF Deposit | 217,489 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,792,491 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -16,360 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,224,475 |
| Regular shares | 11,851,772 |
| All Other Shares & Deposits | 7,282,931 |
| TOTAL SHARES & DEPOSITS | 22,359,179 |
| TOTAL LIABILITIES | 22,342,819 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,449,672 |
| TOTAL EQUITY | 2,449,672 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,792,491 |
| INCOME & EXPENSE | |
| Loan Income | 620,106 |
| Investment Income | 243,838 |
| Other Income | 10,860 |
| Total Employee Compensation & Benefits | 328,075 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 321,985 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,342 |
| Cost of Funds | 213,537 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 66,055 |
| ↑ Back to Top | |