Jun, 30, 2024 — WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION is a federal credit union headquartered in WILMINGTON, DE with 1 branch location and about $15.58 million in total assets. Opened 68 years ago in 1956, WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION has about 3,823 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WILMINGTON POLICE & FIRE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1701 Shallcross Ave WILMINGTON, DE 19806 |
| Phone: | (302) 654-0818 |
| Fax: | (302) 654-1071 |
| Website: | https://www.wpffcu.org |
| Branches: | 1 branch locations |
| Members: | 3,823 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11347 |
|---|---|
| Membership Type: | Associational - Fraternal, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Oct 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $15,576,509 |
| CEO/Manager: | Evelyn Vega |
| Chairperson: | MARTIN LENHART |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 255,763 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 958,253 |
| Other Loans | 2,360,961 |
| TOTAL LOANS | 3,343,573 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,044 |
| Land And Building | 0 |
| Other Fixed Assets | 1,207 |
| NCUSIF Deposit | 124,499 |
| All Other Assets | 0 |
| TOTAL ASSETS | 15,576,509 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,930 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,610 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,020,990 |
| Regular shares | 10,389,490 |
| All Other Shares & Deposits | 1,623,452 |
| TOTAL SHARES & DEPOSITS | 13,033,932 |
| TOTAL LIABILITIES | 13,041,472 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,535,037 |
| TOTAL EQUITY | 2,535,037 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 15,576,509 |
| INCOME & EXPENSE | |
| Loan Income | 149,905 |
| Investment Income | 120,634 |
| Other Income | 40,854 |
| Total Employee Compensation & Benefits | 157,201 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 216,460 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -3,568 |
| Cost of Funds | 11,857 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -60,843 |
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