Dec, 31, 2023 — CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION is a federal credit union headquartered in CAMBRIDGE, MA with 1 branch location and about $13.64 million in total assets. Opened 88 years ago in 1936, CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION has about 846 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: | CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 113 Garden St CAMBRIDGE, MA 02138-6700 |
Phone: | (617) 864-2298 |
Fax: | (617) 864-2351 |
Website: | https://www.cambridgefirefcu.org |
Branches: | 1 branch locations |
Members: | 846 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1236 |
---|---|
Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $13,640,771 |
CEO/Manager: | Robert F Mahoney |
Chairperson: | Francis X Deely |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 1,180,437 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 3,173,440 |
Unsecured Loans | 913,310 |
Other Loans | 3,193,313 |
TOTAL LOANS | 7,280,063 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -47,183 |
Land And Building | 0 |
Other Fixed Assets | 3,780 |
NCUSIF Deposit | 112,392 |
All Other Assets | 0 |
TOTAL ASSETS | 13,640,771 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 38,530 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 10,692,238 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 10,692,238 |
TOTAL LIABILITIES | 10,730,768 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,910,003 |
TOTAL EQUITY | 2,910,003 |
TOTAL LIABILITIES, SHARES, & EQUITY | 13,640,771 |
INCOME & EXPENSE | |
Loan Income | 329,203 |
Investment Income | 315,889 |
Other Income | -497 |
Total Employee Compensation & Benefits | 197,602 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 88,052 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 57,143 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 301,798 |
↑ Back to Top |