Dec, 31, 2021 — BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in BATON ROUGE, LA with 3 branch locations and about $70.01 million in total assets. Opened 86 years ago in 1936, BATON ROUGE FIRE DEPARTMENT FEDERAL CREDIT UNION has about 5,716 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) | 11123 Boardwalk Dr BATON ROUGE, LA 70816 |
| Phone: | (225) 274-8383 |
| Fax: | (225) 274-8371 |
| Website: | http://brfdfcu.com |
| Branches: | 3 branch locations |
| Members: | 5,716 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $70,008,964 |
| CEO/Manager: | Dawn Heath |
| Chairperson: | Alton Comeaux |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,889,082 |
| TOTAL INVESTMENTS | 6,555,007 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 17,687,995 |
| Unsecured Loans | 5,110,619 |
| Other Loans | 25,640,388 |
| TOTAL LOANS | 48,439,002 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -222,725 |
| Land And Building | 503,493 |
| Other Fixed Assets | 10,566 |
| NCUSIF Deposit | 523,852 |
| All Other Assets | 310,687 |
| TOTAL ASSETS | 70,008,964 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 133,601 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 621,537 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,813,734 |
| Regular shares | 39,403,279 |
| All Other Shares & Deposits | 10,325,675 |
| TOTAL SHARES & DEPOSITS | 56,542,688 |
| TOTAL LIABILITIES | 57,297,826 |
| Regular Reserve | 2,400,000 |
| Other Reserves | 0 |
| Undivided Earnings | 10,311,138 |
| TOTAL EQUITY | 12,711,138 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 70,008,964 |
| INCOME & EXPENSE | |
| Loan Income | 2,263,725 |
| Investment Income | 37,108 |
| Other Income | 322,354 |
| Total Employee Compensation & Benefits | 777,573 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 1,165,084 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 413,931 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 775,933 |
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