Dec, 31, 2021 — FIREFIGHTERS CREDIT UNION is a federally insured state chartered credit union headquartered in SALT LAKE CITY, UT with 1 branch location and about $55.36 million in total assets. Opened 93 years ago in 1929, FIREFIGHTERS CREDIT UNION has about 3,726 members and employs 9 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: | 3,726 |
| 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, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $55,359,381 |
| CEO/Manager: | Thomas R Gourdin |
| Chairperson: | Ron Morris |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,310,689 |
| TOTAL INVESTMENTS | 4,408,533 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 21,912,579 |
| Unsecured Loans | 1,378,123 |
| Other Loans | 17,848,885 |
| TOTAL LOANS | 41,139,587 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -124,564 |
| Land And Building | 560,598 |
| Other Fixed Assets | 295,580 |
| NCUSIF Deposit | 460,486 |
| All Other Assets | 308,472 |
| TOTAL ASSETS | 55,359,381 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 80,720 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,483,380 |
| Regular shares | 21,946,658 |
| All Other Shares & Deposits | 18,177,935 |
| TOTAL SHARES & DEPOSITS | 49,607,973 |
| TOTAL LIABILITIES | 49,688,693 |
| Regular Reserve | 2,700,000 |
| Other Reserves | 0 |
| Undivided Earnings | 2,970,688 |
| TOTAL EQUITY | 5,670,688 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 55,359,381 |
| INCOME & EXPENSE | |
| Loan Income | 1,554,731 |
| Investment Income | 86,918 |
| Other Income | 206,659 |
| Total Employee Compensation & Benefits | 767,950 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 804,751 |
| Non-operating Income & (Expense) | 215 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,000 |
| Cost of Funds | 267,325 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 291,296 |
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