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THE FLORIST FEDERAL CREDIT UNION

Dec, 31, 2023 — THE FLORIST FEDERAL CREDIT UNION is a federal credit union headquartered in ROSWELL, NM with 1 branch location and about $7.15 million in total assets. Opened 55 years ago in 1969, THE FLORIST FEDERAL CREDIT UNION has about 733 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: 312293505
Name:THE FLORIST FEDERAL CREDIT UNION
Address:
(Main Office)
313 W Country Club Rd Ste 11
ROSWELL, NM 88201-5804
Phone:(575) 622-0560
Fax:(575) 627-6530
Website:https://www.thefloristfcu.org
Branches:1 branch locations
Members:733
Credit Union Type:Federal Credit Union
Charter Number:19567
Membership Type:Associational - Other than religious or fraternal, or 'low-income'
Corporate Credit Union:No
Year Opened:1969
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$7,152,070
CEO/Manager:Angie Odom
Chairperson:DWIGHT FORTSON

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 675,171
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,728,397
 Unsecured Loans 437,513
 Other Loans 3,041,886
 TOTAL LOANS 5,207,796
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -50,471
 Land And Building 172,230
 Other Fixed Assets 2,949
 NCUSIF Deposit 60,175
 All Other Assets 0
  TOTAL ASSETS 7,152,070
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 26,817
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,193,783
 Regular shares 2,392,250
 All Other Shares & Deposits 2,382,322
  TOTAL SHARES & DEPOSITS 5,968,355
  TOTAL LIABILITIES 5,995,172
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 1,156,898
  TOTAL EQUITY 1,156,898
  TOTAL LIABILITIES, SHARES, & EQUITY 7,152,070
INCOME & EXPENSE  
 Loan Income 263,216
 Investment Income 64,324
 Other Income 108,601
 Total Employee Compensation & Benefits 132,052
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 181,696
 Non-operating Income & (Expense) 612
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 12,000
 Cost of Funds 49,963
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 61,042
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