Dec, 31, 2023 — OK MEMBERS FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in TULSA, OK with 1 branch location and about $24.10 million in total assets. Opened 73 years ago in 1951, OK MEMBERS FIRST FEDERAL CREDIT UNION has about 3,449 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | OK MEMBERS FIRST FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 10832 E 31st St TULSA, OK 74146 |
Phone: | (918) 663-2050 |
Fax: | (918) 663-8485 |
Website: | https://www.omffcu.org |
Branches: | 1 branch locations |
Members: | 3,449 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 7154 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $24,095,938 |
CEO/Manager: | Gary Juby |
Chairperson: | Michael J Mclane |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,386,801 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,993,638 |
Unsecured Loans | 916,992 |
Other Loans | 15,648,607 |
TOTAL LOANS | 19,559,236 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,769 |
Land And Building | 190,000 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 205,632 |
All Other Assets | 0 |
TOTAL ASSETS | 24,095,938 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 398,871 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,736,748 |
Regular shares | 5,643,405 |
All Other Shares & Deposits | 10,888,953 |
TOTAL SHARES & DEPOSITS | 20,269,106 |
TOTAL LIABILITIES | 20,667,977 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 3,427,961 |
TOTAL EQUITY | 3,427,961 |
TOTAL LIABILITIES, SHARES, & EQUITY | 24,095,938 |
INCOME & EXPENSE | |
Loan Income | 991,793 |
Investment Income | 126,686 |
Other Income | 146,515 |
Total Employee Compensation & Benefits | 534,754 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 508,917 |
Non-operating Income & (Expense) | -10,260 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,000 |
Cost of Funds | 164,602 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 81,875 |
↑ Back to Top |