Dec, 31, 2023 — FORT SILL FEDERAL CREDIT UNION is a federal credit union headquartered in LAWTON, OK with 4 branch locations and about $369.91 million in total assets. Opened 68 years ago in 1956, FORT SILL FEDERAL CREDIT UNION has about 23,916 members and employs 90 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FORT SILL FEDERAL CREDIT UNION |
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Address: (Main Office) | 1614 NW 67th St LAWTON, OK 73505-2725 |
Phone: | (580) 353-2124 |
Fax: | (580) 536-0183 |
Website: | https://www.fsfcu.com |
Branches: | 4 branch locations |
Members: | 23,916 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10832 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $369,907,585 |
CEO/Manager: | Jayson Sims |
Chairperson: | Dennis Porter |
ASSETS: | $ Amount |
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Cash & Equivalents | 25,907,573 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 317,700 |
Real Estate Loans | 8,591,761 |
Unsecured Loans | 18,886,006 |
Other Loans | 168,842,523 |
TOTAL LOANS | 196,320,290 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,080,600 |
Land And Building | 15,729,260 |
Other Fixed Assets | 1,313,900 |
NCUSIF Deposit | 3,202,141 |
All Other Assets | 284,530 |
TOTAL ASSETS | 369,907,585 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 392,918 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 934,935 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 93,498,355 |
Regular shares | 215,905,818 |
All Other Shares & Deposits | 26,511,403 |
TOTAL SHARES & DEPOSITS | 335,915,575 |
TOTAL LIABILITIES | 337,243,428 |
Regular Reserve | 0 |
Other Reserves | -8,314,762 |
Undivided Earnings | 40,978,919 |
TOTAL EQUITY | 32,664,157 |
TOTAL LIABILITIES, SHARES, & EQUITY | 369,907,585 |
INCOME & EXPENSE | |
Loan Income | 10,617,359 |
Investment Income | 4,099,700 |
Other Income | 2,853,948 |
Total Employee Compensation & Benefits | 5,325,903 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 7,886,571 |
Non-operating Income & (Expense) | 16,590 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,264,101 |
Cost of Funds | 1,330,800 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 3,604,073 |
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» See also Statement of Financial Condition