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CHARLOTTE FIRE DEPARTMENT CREDIT UNION

Sep, 30, 2025 — CHARLOTTE FIRE DEPARTMENT CREDIT UNION is a federally insured state chartered credit union headquartered in CHARLOTTE, NC with 1 branch location and about $53.22 million in total assets. Opened 71 years ago in 1955, CHARLOTTE FIRE DEPARTMENT CREDIT UNION has about 3,005 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CHARLOTTE FIRE DEPARTMENT CREDIT UNION
Address:
(Main Office)
2121 Commonwealth Ave
CHARLOTTE, NC 28205-5100
Phone:(704) 375-3950
Fax:(704) 344-8369
Website:https://www.cfdcu.org
Branches:1 branch locations
Members:3,005
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63566
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$53,218,587
CEO/Manager:Deborah H Trotter
Chairperson:Brian J Kurzel

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,221,683
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 1,915,550
 Unsecured Loans 3,851,664
 Other Loans 15,250,216
 TOTAL LOANS 21,017,430
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -47,095
 Land And Building 239,154
 Other Fixed Assets 101,243
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 444,050
 All Other Assets 0
  TOTAL ASSETS 53,218,587
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 595,654
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 8,208,374
 Regular shares 24,645,996
 All Other Shares & Deposits 12,280,815
  TOTAL SHARES & DEPOSITS 45,135,185
  TOTAL LIABILITIES 45,730,839
 Regular Reserve 0
 Other Reserves 50,761
 Undivided Earnings 7,436,987
  TOTAL EQUITY 7,487,748
  TOTAL LIABILITIES, SHARES, & EQUITY 53,218,587
INCOME & EXPENSE  
 Loan Income 1,182,102
 Investment Income 682,468
 Other Income 177,651
 Total Employee Compensation & Benefits 699,472
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 582,301
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -57,943
 Cost of Funds 441,035
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 402,958
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