Dec, 31, 2023 — SAN DIEGO FIREFIGHTERS FEDERAL CREDIT UNION is a federal credit union headquartered in SAN DIEGO, CA with 2 branch locations and about $126.61 million in total assets. Opened 40 years ago in 1984, SAN DIEGO FIREFIGHTERS FEDERAL CREDIT UNION has about 3,600 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAN DIEGO FIREFIGHTERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4926 La Cuenta Dr SAN DIEGO, CA 92124-2609 |
| Phone: | (800) 973-3328 |
| Fax: | (619) 283-1725 |
| Website: | https://www.sdffcu.org |
| Branches: | 2 branch locations |
| Members: | 3,600 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24110 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1984 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $126,609,312 |
| CEO/Manager: | Ed Daley |
| Chairperson: | Michael McCormick |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,586,690 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 44,016,817 |
| Unsecured Loans | 2,429,462 |
| Other Loans | 22,360,233 |
| TOTAL LOANS | 68,806,512 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -679,668 |
| Land And Building | 1,881,108 |
| Other Fixed Assets | 10,055 |
| NCUSIF Deposit | 1,139,082 |
| All Other Assets | 0 |
| TOTAL ASSETS | 126,609,312 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 447,210 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 25,601,108 |
| Regular shares | 47,102,542 |
| All Other Shares & Deposits | 48,201,924 |
| TOTAL SHARES & DEPOSITS | 120,905,574 |
| TOTAL LIABILITIES | 121,352,784 |
| Regular Reserve | 0 |
| Other Reserves | -5,030,208 |
| Undivided Earnings | 10,286,736 |
| TOTAL EQUITY | 5,256,528 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 126,609,312 |
| INCOME & EXPENSE | |
| Loan Income | 2,817,396 |
| Investment Income | 1,299,850 |
| Other Income | 107,654 |
| Total Employee Compensation & Benefits | 1,589,433 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,040,831 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 253,482 |
| Cost of Funds | 990,324 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 695,688 |
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