Dec, 31, 2023 — FIREFIGHTERS CREDIT UNION is a federally insured state chartered credit union headquartered in SALT LAKE CITY, UT with 1 branch location and about $59.46 million in total assets. Opened 95 years ago in 1929, FIREFIGHTERS CREDIT UNION has about 3,637 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIREFIGHTERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 124 W 1400 S Ste 101 SALT LAKE CITY, UT 84115-5201 |
| Phone: | (801) 487-3219 |
| Fax: | (801) 485-9278 |
| Website: | https://www.firefighterscu.com |
| Branches: | 1 branch locations |
| Members: | 3,637 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67079 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1929 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $59,456,486 |
| CEO/Manager: | Thomas R Gourdin |
| Chairperson: | Eldon Farnsworth |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,547,981 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 22,424,168 |
| Unsecured Loans | 1,650,950 |
| Other Loans | 21,737,339 |
| TOTAL LOANS | 45,812,457 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -173,586 |
| Land And Building | 477,305 |
| Other Fixed Assets | 227,995 |
| NCUSIF Deposit | 522,968 |
| All Other Assets | 0 |
| TOTAL ASSETS | 59,456,486 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 56,783 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,106,788 |
| Regular shares | 18,104,534 |
| All Other Shares & Deposits | 26,091,335 |
| TOTAL SHARES & DEPOSITS | 53,302,657 |
| TOTAL LIABILITIES | 53,359,440 |
| Regular Reserve | 0 |
| Other Reserves | 3,000,000 |
| Undivided Earnings | 3,097,046 |
| TOTAL EQUITY | 6,097,046 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 59,456,486 |
| INCOME & EXPENSE | |
| Loan Income | 1,983,506 |
| Investment Income | 226,932 |
| Other Income | 114,600 |
| Total Employee Compensation & Benefits | 849,608 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 881,854 |
| Non-operating Income & (Expense) | 7,014 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 700,107 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 195,376 |
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