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FORT BRAGG FEDERAL CREDIT UNION

Sep, 30, 2025 — FORT BRAGG FEDERAL CREDIT UNION is a federal credit union headquartered in FORT BRAGG, NC with 5 branch locations and about $663.93 million in total assets. Opened 66 years ago in 1960, FORT BRAGG FEDERAL CREDIT UNION has about 36,381 members and employs 66 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FORT BRAGG FEDERAL CREDIT UNION
Address:
(Main Office)
4172 Hefner Dr
FORT BRAGG, NC 28310
Phone:(910) 487-8200
Fax:(910) 487-8204
Website:https://www.fortbraggfcu.org
Branches:5 branch locations
Members:36,381
Credit Union Type:Federal Credit Union
Charter Number:13690
Membership Type:Multiple common bond - Primarily military
Corporate Credit Union:No
Year Opened:1960
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$663,929,705
CEO/Manager:Todd G Kenthack
Chairperson:Karen C Elsom

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 115,407,001
TOTAL INVESTMENTS 0
Loans Held for Sale 756,355
 
 Real Estate Loans 216,710,381
 Unsecured Loans 18,685,027
 Other Loans 169,602,497
 TOTAL LOANS 404,997,905
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,079,625
 Land And Building 14,852,562
 Other Fixed Assets 4,081,806
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 5,109,182
 All Other Assets 272,156
  TOTAL ASSETS 663,929,705
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,302,431
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 140,448,237
 Regular shares 206,809,010
 All Other Shares & Deposits 231,593,154
  TOTAL SHARES & DEPOSITS 578,850,401
  TOTAL LIABILITIES 584,158,701
 Regular Reserve 0
 Other Reserves -935,257
 Undivided Earnings 80,706,261
  TOTAL EQUITY 79,771,004
  TOTAL LIABILITIES, SHARES, & EQUITY 663,929,705
INCOME & EXPENSE  
 Loan Income 16,857,401
 Investment Income 4,677,007
 Other Income 2,950,906
 Total Employee Compensation & Benefits 5,228,086
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 5,943,300
 Non-operating Income & (Expense) 2,677
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,786,851
 Cost of Funds 6,988,956
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 5,349,363
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