Jun, 30, 2024 — FREEDOM FIRST CREDIT UNION is a federally insured state chartered credit union headquartered in DAYTON, OH with 3 branch locations and about $58.22 million in total assets. Opened 63 years ago in 1961, FREEDOM FIRST CREDIT UNION has about 7,737 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FREEDOM FIRST CREDIT UNION |
|---|---|
| Address: (Main Office) | 1645 Webster St DAYTON, OH 45404-1135 |
| Phone: | (937) 223-2828 |
| Fax: | (937) 223-4549 |
| Website: | https://freedom1stcu.com |
| Branches: | 3 branch locations |
| Members: | 7,737 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61001 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $58,221,344 |
| CEO/Manager: | Deborah A DeVous |
| Chairperson: | Chad Rother |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,077,516 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 3,373,970 |
| Unsecured Loans | 1,208,793 |
| Other Loans | 24,357,296 |
| TOTAL LOANS | 28,940,059 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -59,707 |
| Land And Building | 1,803,107 |
| Other Fixed Assets | 287,723 |
| NCUSIF Deposit | 485,747 |
| All Other Assets | 0 |
| TOTAL ASSETS | 58,221,344 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,179,524 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,284,965 |
| Regular shares | 27,315,222 |
| All Other Shares & Deposits | 14,884,742 |
| TOTAL SHARES & DEPOSITS | 52,484,929 |
| TOTAL LIABILITIES | 53,664,453 |
| Regular Reserve | 0 |
| Other Reserves | 1,430,139 |
| Undivided Earnings | 3,126,752 |
| TOTAL EQUITY | 4,556,891 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 58,221,344 |
| INCOME & EXPENSE | |
| Loan Income | 852,836 |
| Investment Income | 209,120 |
| Other Income | 549,351 |
| Total Employee Compensation & Benefits | 616,489 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 777,690 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,556 |
| Cost of Funds | 45,068 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 186,423 |
| ↑ Back to Top | |