Sep, 30, 2022 — RICHMOND VIRGINIA FIRE POLICE CREDI CREDIT UNION is a federally insured state chartered credit union headquartered in RICHMOND, VA with 2 branch locations and about $21.46 million in total assets. Opened 94 years ago in 1929, RICHMOND VIRGINIA FIRE POLICE CREDI CREDIT UNION has about 1,865 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | RICHMOND VIRGINIA FIRE POLICE CREDI CREDIT UNION |
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Address: (Main Office) | 900 Hermitage Rd RICHMOND, VA 23220-2001 |
Phone: | (804) 354-0673 |
Fax: | (804) 354-0684 |
Website: | https://www.firepolicecu.org |
Branches: | 2 branch locations |
Members: | 1,865 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 66899 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1929 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $21,455,851 |
CEO/Manager: | Iris S Ellis |
Chairperson: | Robert Marland |
ASSETS: | $ Amount |
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Cash & Equivalents | 3,363,654 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 2,804,741 |
Unsecured Loans | 1,512,570 |
Other Loans | 5,064,514 |
TOTAL LOANS | 9,381,825 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -43,073 |
Land And Building | 0 |
Other Fixed Assets | 118,798 |
NCUSIF Deposit | 181,446 |
All Other Assets | 0 |
TOTAL ASSETS | 21,455,851 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 85,166 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,556,005 |
Regular shares | 12,770,675 |
All Other Shares & Deposits | 3,819,646 |
TOTAL SHARES & DEPOSITS | 19,146,326 |
TOTAL LIABILITIES | 19,231,492 |
Regular Reserve | 0 |
Other Reserves | 832,267 |
Undivided Earnings | 1,392,092 |
TOTAL EQUITY | 2,224,359 |
TOTAL LIABILITIES, SHARES, & EQUITY | 21,455,851 |
INCOME & EXPENSE | |
Loan Income | 327,422 |
Investment Income | 60,008 |
Other Income | 106,928 |
Total Employee Compensation & Benefits | 220,386 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 350,043 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -23,220 |
Cost of Funds | 15,933 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 17,754 |
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