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.
Name: | THE FLORIST FEDERAL CREDIT UNION |
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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 |
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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 |
ASSETS: | $ Amount |
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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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