Dec, 31, 2023 — FIRESTONE FEDERAL CREDIT UNION is a federal credit union headquartered in COVENTRY TOWNSHIP, OH with 2 branch locations and about $210.14 million in total assets. Opened 64 years ago in 1960, FIRESTONE FEDERAL CREDIT UNION has about 7,822 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIRESTONE FEDERAL CREDIT UNION |
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Address: (Main Office) | 31 Hanna Pkwy COVENTRY TOWNSHIP, OH 44319 |
Phone: | (234) 352-1100 |
Fax: | (330) 724-2590 |
Website: | https://www.fofcu.com |
Branches: | 2 branch locations |
Members: | 7,822 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14066 |
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Membership Type: | Multiple common bond - Primarily machinery |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Apr 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $210,141,995 |
CEO/Manager: | Catherine Lojkovic |
Chairperson: | Johnnie T Buckley Jr |
ASSETS: | $ Amount |
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Cash & Equivalents | 875,185 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 22,824,302 |
Unsecured Loans | 414,243 |
Other Loans | 6,199,032 |
TOTAL LOANS | 29,437,577 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -711,185 |
Land And Building | 218,709 |
Other Fixed Assets | 44,205 |
NCUSIF Deposit | 1,740,165 |
All Other Assets | 0 |
TOTAL ASSETS | 210,141,995 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 725,000 |
Accounts Payable & Other Liabilities | 14,590 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 97,334,728 |
All Other Shares & Deposits | 76,424,756 |
TOTAL SHARES & DEPOSITS | 173,759,484 |
TOTAL LIABILITIES | 174,499,074 |
Regular Reserve | 0 |
Other Reserves | 19,579,413 |
Undivided Earnings | 16,063,508 |
TOTAL EQUITY | 35,642,921 |
TOTAL LIABILITIES, SHARES, & EQUITY | 210,141,995 |
INCOME & EXPENSE | |
Loan Income | 1,124,813 |
Investment Income | 1,631,785 |
Other Income | 0 |
Total Employee Compensation & Benefits | 665,283 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 511,736 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 2,644,907 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -1,065,328 |
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