Dec, 31, 2020 — FORT SILL FEDERAL CREDIT UNION is a federal credit union headquartered in LAWTON, OK with 5 branch locations and about $336.61 million in total assets. Opened 65 years ago in 1956, FORT SILL FEDERAL CREDIT UNION has about 23,142 members and employs 79 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 |
|---|---|
| Address: (Main Office) | PO BOX 1527 LAWTON, OK 73502 |
| Phone: | (580) 353-2124 |
| Fax: | (580) 353-6532 |
| Website: | http://www.fsfcu.com |
| Branches: | 5 branch locations |
| Members: | 23,142 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10832 |
|---|---|
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $336,611,510 |
| CEO/Manager: | Denise Floyd |
| Chairperson: | Sonya Forbes |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 29,897,393 |
| TOTAL INVESTMENTS | 163,514,667 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,700,082 |
| Unsecured Loans | 13,340,476 |
| Other Loans | 102,211,056 |
| TOTAL LOANS | 123,251,614 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -865,509 |
| Land And Building | 15,281,467 |
| Other Fixed Assets | 723,664 |
| NCUSIF Deposit | 2,827,703 |
| All Other Assets | 1,980,511 |
| TOTAL ASSETS | 336,611,510 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 53,208 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 863,444 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 84,568,776 |
| Regular shares | 188,041,401 |
| All Other Shares & Deposits | 25,729,289 |
| TOTAL SHARES & DEPOSITS | 298,339,466 |
| TOTAL LIABILITIES | 299,256,118 |
| Regular Reserve | 3,260,391 |
| Other Reserves | 1,766,156 |
| Undivided Earnings | 32,328,845 |
| TOTAL EQUITY | 37,355,392 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 336,611,510 |
| INCOME & EXPENSE | |
| Loan Income | 5,619,493 |
| Investment Income | 2,696,594 |
| Other Income | 4,572,286 |
| Total Employee Compensation & Benefits | 4,521,133 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,539,221 |
| Non-operating Income & (Expense) | -8,194 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 592,818 |
| Cost of Funds | 422,692 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,804,315 |
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