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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| 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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