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RICHMOND VIRGINIA FIRE POLICE CREDI CREDIT UNION

Mar, 31, 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 $20.70 million in total assets. Opened 93 years ago in 1929, RICHMOND VIRGINIA FIRE POLICE CREDI CREDIT UNION has about 1,895 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
Address:
(Main Office)
900 Hermitage Rd
RICHMOND, VA 23220-2001
Phone:(804) 354-0673
Fax:(804) 354-0684
Website:http://www.firepolicecu.org
Branches:2 branch locations
Members:1,895
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66899
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:$20,701,547
CEO/Manager:Iris S Ellis
Chairperson:Robert Marland

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,857,217
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 2,244,926
 Unsecured Loans 1,520,842
 Other Loans 5,373,740
 TOTAL LOANS 9,139,508
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -56,305
 Land And Building 0
 Other Fixed Assets 117,367
 NCUSIF Deposit 181,446
 All Other Assets 0
  TOTAL ASSETS 20,701,547
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 168,726
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,233,034
 Regular shares 12,146,765
 All Other Shares & Deposits 3,982,414
  TOTAL SHARES & DEPOSITS 18,362,213
  TOTAL LIABILITIES 18,530,939
 Regular Reserve 0
 Other Reserves 832,267
 Undivided Earnings 1,338,341
  TOTAL EQUITY 2,170,608
  TOTAL LIABILITIES, SHARES, & EQUITY 20,701,547
INCOME & EXPENSE  
 Loan Income 110,616
 Investment Income 11,777
 Other Income 30,463
 Total Employee Compensation & Benefits 72,279
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 116,495
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,325
 Cost of Funds 5,678
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -35,995
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