Dec, 31, 2020 — BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in Baton Rouge, LA with 3 branch locations and about $63.58 million in total assets. Opened 85 years ago in 1936, BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION has about 5,563 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION |
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Address: (Main Office) | PO Box 40118 Baton Rouge, LA 70835 |
Phone: | (225) 274-8383 |
Fax: | (225) 274-8371 |
Website: | http://brfdfcu.com |
Branches: | 3 branch locations |
Members: | 5,563 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1257 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Sep 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $63,579,339 |
CEO/Manager: | Dawn Heath |
Chairperson: | Alton Comeaux |
ASSETS: | $ Amount |
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Cash & Equivalents | 13,109,995 |
TOTAL INVESTMENTS | 3,286,373 |
Loans Held for Sale | 0 |
Real Estate Loans | 17,577,409 |
Unsecured Loans | 5,500,016 |
Other Loans | 23,054,310 |
TOTAL LOANS | 46,131,735 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -208,043 |
Land And Building | 503,526 |
Other Fixed Assets | 13,499 |
NCUSIF Deposit | 476,565 |
All Other Assets | 265,689 |
TOTAL ASSETS | 63,579,339 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 157,893 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 655,313 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 5,475,508 |
Regular shares | 34,311,549 |
All Other Shares & Deposits | 11,043,871 |
TOTAL SHARES & DEPOSITS | 50,830,928 |
TOTAL LIABILITIES | 51,644,134 |
Regular Reserve | 2,400,000 |
Other Reserves | 0 |
Undivided Earnings | 9,535,205 |
TOTAL EQUITY | 11,935,205 |
TOTAL LIABILITIES, SHARES, & EQUITY | 63,579,339 |
INCOME & EXPENSE | |
Loan Income | 2,317,827 |
Investment Income | 81,599 |
Other Income | 666,475 |
Total Employee Compensation & Benefits | 753,603 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,064,039 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 35,652 |
Cost of Funds | 485,759 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 726,848 |
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