Dec, 31, 2023 — FIRST OKLAHOMA FEDERAL CREDIT UNION is a federal credit union headquartered in TULSA, OK with 2 branch locations and about $30.34 million in total assets. Opened 71 years ago in 1953, FIRST OKLAHOMA FEDERAL CREDIT UNION has about 2,608 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIRST OKLAHOMA FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 1419 S Denver Ave TULSA, OK 74119 |
Phone: | (918) 582-1965 |
Fax: | (918) 592-7721 |
Website: | https://www.firstokfcu.org |
Branches: | 2 branch locations |
Members: | 2,608 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9090 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1953 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $30,341,031 |
CEO/Manager: | John Freeman |
Chairperson: | William (Bill) Hughart |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 602,669 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 5,913,210 |
Unsecured Loans | 1,705,966 |
Other Loans | 13,619,912 |
TOTAL LOANS | 21,239,088 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -141,374 |
Land And Building | 6,640,409 |
Other Fixed Assets | 218,809 |
NCUSIF Deposit | 274,552 |
All Other Assets | 0 |
TOTAL ASSETS | 30,341,031 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 1,667,737 |
Accounts Payable & Other Liabilities | 84,962 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,453,009 |
Regular shares | 12,595,986 |
All Other Shares & Deposits | 7,499,718 |
TOTAL SHARES & DEPOSITS | 25,548,713 |
TOTAL LIABILITIES | 27,301,412 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 3,039,619 |
TOTAL EQUITY | 3,039,619 |
TOTAL LIABILITIES, SHARES, & EQUITY | 30,341,031 |
INCOME & EXPENSE | |
Loan Income | 1,304,205 |
Investment Income | 45,123 |
Other Income | 269,860 |
Total Employee Compensation & Benefits | 676,042 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 945,471 |
Non-operating Income & (Expense) | 350 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 29,163 |
Cost of Funds | 263,824 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -106,443 |
↑ Back to Top |