Dec, 31, 2023 — GARY FIREFIGHTERS ASSOCIATION FEDERAL CREDIT UNION is a federal credit union headquartered in GARY, IN with 1 branch location and about $1.79 million in total assets. Opened 89 years ago in 1935, GARY FIREFIGHTERS ASSOCIATION FEDERAL CREDIT UNION has about 305 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | GARY FIREFIGHTERS ASSOCIATION FEDERAL CREDIT UNION |
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Address: (Main Office) | 200 E 5th Ave GARY, IN 46402 |
Phone: | (219) 881-5217 |
Fax: | (219) 886-9771 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 305 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 169 |
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Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,791,177 |
CEO/Manager: | Joseph R Aguilar |
Chairperson: | James Delgado |
ASSETS: | $ Amount |
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Cash & Equivalents | 941,296 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 550,204 |
Other Loans | 0 |
TOTAL LOANS | 550,204 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,595 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 14,145 |
All Other Assets | 0 |
TOTAL ASSETS | 1,791,177 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,083,966 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,083,966 |
TOTAL LIABILITIES | 1,083,966 |
Regular Reserve | 0 |
Other Reserves | 61,913 |
Undivided Earnings | 645,298 |
TOTAL EQUITY | 707,211 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,791,177 |
INCOME & EXPENSE | |
Loan Income | 77,598 |
Investment Income | 15,933 |
Other Income | 3,840 |
Total Employee Compensation & Benefits | 69,498 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 45,735 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 4,025 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -20,175 |
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