Sep, 30, 2021 — CHARLOTTE FIRE DEPARTMENT CREDIT UNION is a federally insured state chartered credit union headquartered in Charlotte, NC with 1 branch location and about $60.16 million in total assets. Opened 67 years ago in 1955, CHARLOTTE FIRE DEPARTMENT CREDIT UNION has about 2,901 members and employs 11 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 28205-5126 |
| Phone: | (704) 375-3950 |
| Fax: | (704) 344-8369 |
| Website: | http://www.cfdcu.org |
| Branches: | 1 branch locations |
| Members: | 2,901 |
| 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: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $60,155,364 |
| CEO/Manager: | Deborah H Trotter |
| Chairperson: | John M Keffer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,781,353 |
| TOTAL INVESTMENTS | 28,608,537 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,856,336 |
| Unsecured Loans | 3,588,450 |
| Other Loans | 14,128,133 |
| TOTAL LOANS | 20,572,919 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,187 |
| Land And Building | 193,811 |
| Other Fixed Assets | 88,923 |
| NCUSIF Deposit | 438,462 |
| All Other Assets | 581,546 |
| TOTAL ASSETS | 60,155,364 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 167,368 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,105,286 |
| Regular shares | 30,676,921 |
| All Other Shares & Deposits | 14,278,716 |
| TOTAL SHARES & DEPOSITS | 53,060,923 |
| TOTAL LIABILITIES | 53,228,291 |
| Regular Reserve | 1,635,309 |
| Other Reserves | 60,898 |
| Undivided Earnings | 5,230,866 |
| TOTAL EQUITY | 6,927,073 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 60,155,364 |
| INCOME & EXPENSE | |
| Loan Income | 953,366 |
| Investment Income | 229,938 |
| Other Income | 166,467 |
| Total Employee Compensation & Benefits | 770,530 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 535,430 |
| Non-operating Income & (Expense) | 194,549 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -30,300 |
| Cost of Funds | 123,701 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 174,432 |
| ↑ Back to Top | |