Sep, 30, 2025 — FRANKLIN FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in GREENFIELD, MA with 1 branch location and about $84.10 million in total assets. Opened 68 years ago in 1958, FRANKLIN FIRST FEDERAL CREDIT UNION has about 7,398 members and employs 19 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FRANKLIN FIRST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 57 Newton St GREENFIELD, MA 01301-3113 |
| Phone: | (413) 774-6700 |
| Fax: | (413) 774-5014 |
| Website: | https://www.franklinfirst.org |
| Branches: | 1 branch locations |
| Members: | 7,398 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 12604 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Apr 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $84,103,874 |
| CEO/Manager: | Michelle Dwyer |
| Chairperson: | Richard LaPierre |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,196,841 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 23,314,393 |
| Unsecured Loans | 10,311,496 |
| Other Loans | 14,277,462 |
| TOTAL LOANS | 47,903,351 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -405,534 |
| Land And Building | 1,595,561 |
| Other Fixed Assets | 59,478 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 772,999 |
| All Other Assets | 0 |
| TOTAL ASSETS | 84,103,874 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,148,808 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 18,337,847 |
| Regular shares | 30,957,238 |
| All Other Shares & Deposits | 26,788,396 |
| TOTAL SHARES & DEPOSITS | 76,083,481 |
| TOTAL LIABILITIES | 77,240,958 |
| Regular Reserve | 0 |
| Other Reserves | -272,231 |
| Undivided Earnings | 7,135,147 |
| TOTAL EQUITY | 6,862,916 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 84,103,874 |
| INCOME & EXPENSE | |
| Loan Income | 2,261,158 |
| Investment Income | 866,886 |
| Other Income | 209,755 |
| Total Employee Compensation & Benefits | 894,753 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,589,540 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 159,915 |
| Cost of Funds | 426,491 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 557,719 |
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