Dec, 31, 2023 — F.F.E. FEDERAL CREDIT UNION is a federal credit union headquartered in FARGO, ND with 1 branch location and about $4.11 million in total assets. Opened 70 years ago in 1954, F.F.E. FEDERAL CREDIT UNION has about 472 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | F.F.E. FEDERAL CREDIT UNION |
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Address: (Main Office) | 657 2nd Ave N Rm 450 FARGO, ND 58102-4727 |
Phone: | (701) 235-1359 |
Fax: | (701) 235-1359 |
Website: | https://ffe-fcu.org |
Branches: | 1 branch locations |
Members: | 472 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9102 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $4,110,708 |
CEO/Manager: | Lacey A Onsurez |
Chairperson: | Jay Liversage |
ASSETS: | $ Amount |
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Cash & Equivalents | 470,464 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 47,983 |
Other Loans | 1,277,982 |
TOTAL LOANS | 1,325,965 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,190 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 42,511 |
All Other Assets | 0 |
TOTAL ASSETS | 4,110,708 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 134 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 3,603,025 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 3,603,025 |
TOTAL LIABILITIES | 3,603,159 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 507,549 |
TOTAL EQUITY | 507,549 |
TOTAL LIABILITIES, SHARES, & EQUITY | 4,110,708 |
INCOME & EXPENSE | |
Loan Income | 41,508 |
Investment Income | 51,802 |
Other Income | 1,683 |
Total Employee Compensation & Benefits | 46,185 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 28,265 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 20,648 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -105 |
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