Sep, 30, 2025 — REVERE FIREFIGHTERS CREDIT UNION is a federal credit union headquartered in REVERE, MA with 1 branch location and about $4.75 million in total assets. Opened 69 years ago in 1957, REVERE FIREFIGHTERS CREDIT UNION has about 232 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: | REVERE FIREFIGHTERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 199 Revere St REVERE, MA 02151 |
| Phone: | (781) 853-0660 |
| Fax: | (781) 853-0785 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 232 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24956 |
|---|---|
| Membership Type: | Single common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Mar 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,749,351 |
| CEO/Manager: | Michael Ohara |
| Chairperson: | Domenic Lasala |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 173,858 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 64,013 |
| Unsecured Loans | 480,289 |
| Other Loans | 1,156,069 |
| TOTAL LOANS | 1,700,372 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,738 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 46,382 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,749,351 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 18,393 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,998,039 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,998,039 |
| TOTAL LIABILITIES | 4,016,432 |
| Regular Reserve | 0 |
| Other Reserves | 16,574 |
| Undivided Earnings | 716,345 |
| TOTAL EQUITY | 732,919 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,749,351 |
| INCOME & EXPENSE | |
| Loan Income | 79,366 |
| Investment Income | 51,691 |
| Other Income | 1,780 |
| Total Employee Compensation & Benefits | 57,431 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 60,256 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 31,682 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -5,880 |
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