Sep, 30, 2025 — COMMUNICATION FEDERAL CREDIT UNION is a federal credit union headquartered in OKLAHOMA CITY, OK with 25 branch locations and about $2.25 billion in total assets. Opened 87 years ago in 1939, COMMUNICATION FEDERAL CREDIT UNION has about 130,700 members and employs 282 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COMMUNICATION FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4141 NW Expressway OKLAHOMA CITY, OK 73116-1682 |
| Phone: | (405) 879-5600 |
| Fax: | (405) 879-8698 |
| Website: | https://www.comfedcu.org |
| Branches: | 25 branch locations |
| Members: | 130,700 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 3454 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,254,565,754 |
| CEO/Manager: | Larry Shropshire |
| Chairperson: | Mirl Whisman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 187,514,092 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 472,113 |
| Real Estate Loans | 404,473,056 |
| Unsecured Loans | 47,666,520 |
| Other Loans | 1,168,063,527 |
| TOTAL LOANS | 1,620,203,103 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -32,486,429 |
| Land And Building | 40,791,389 |
| Other Fixed Assets | 8,249,243 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 15,979,284 |
| All Other Assets | 5,991,346 |
| TOTAL ASSETS | 2,254,565,754 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 89,993,770 |
| Accounts Payable & Other Liabilities | 20,581,854 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 230,640,073 |
| Regular shares | 262,536,054 |
| All Other Shares & Deposits | 1,396,170,985 |
| TOTAL SHARES & DEPOSITS | 1,889,347,113 |
| TOTAL LIABILITIES | 1,999,922,737 |
| Regular Reserve | 0 |
| Other Reserves | -9,350,921 |
| Undivided Earnings | 263,993,938 |
| TOTAL EQUITY | 254,643,017 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,254,565,754 |
| INCOME & EXPENSE | |
| Loan Income | 82,601,605 |
| Investment Income | 15,411,684 |
| Other Income | 8,306,226 |
| Total Employee Compensation & Benefits | 19,324,378 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,437,222 |
| Non-operating Income & (Expense) | 58,620 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,968,099 |
| Cost of Funds | 42,500,356 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 10,865,109 |
| ↑ Back to Top | |