Jun, 30, 2024 — PROFESSIONAL FIRE FIGHTERS CREDIT UNION is a federally insured state chartered credit union headquartered in SHREVEPORT, LA with 2 branch locations and about $62.18 million in total assets. Opened 85 years ago in 1939, PROFESSIONAL FIRE FIGHTERS CREDIT UNION has about 2,543 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PROFESSIONAL FIRE FIGHTERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 9410 Healthplex Dr SHREVEPORT, LA 71106-8146 |
| Phone: | (318) 603-0626 |
| Fax: | (318) 603-0629 |
| Website: | https://www.profirefighterscu.com |
| Branches: | 2 branch locations |
| Members: | 2,543 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62337 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1939 |
| Last Audited: | Sep 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $62,182,173 |
| CEO/Manager: | Bobby D Cannon |
| Chairperson: | William T Howard |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 18,878,516 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 4,324,647 |
| Unsecured Loans | 2,550,832 |
| Other Loans | 24,267,630 |
| TOTAL LOANS | 32,913,508 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -212,016 |
| Land And Building | 629,895 |
| Other Fixed Assets | 41,743 |
| NCUSIF Deposit | 433,469 |
| All Other Assets | 0 |
| TOTAL ASSETS | 62,182,173 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 148 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 537,288 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,241,416 |
| Regular shares | 24,833,387 |
| All Other Shares & Deposits | 17,441,357 |
| TOTAL SHARES & DEPOSITS | 51,516,160 |
| TOTAL LIABILITIES | 52,053,596 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 10,128,577 |
| TOTAL EQUITY | 10,128,577 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 62,182,173 |
| INCOME & EXPENSE | |
| Loan Income | 1,105,018 |
| Investment Income | 98,853 |
| Other Income | 223,145 |
| Total Employee Compensation & Benefits | 329,254 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 446,770 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 15,000 |
| Cost of Funds | 331,107 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 304,885 |
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