Sep, 30, 2025 — LOWELL FIREFIGHTERS CREDIT UNION is a federally insured state chartered credit union headquartered in LOWELL, MA with 1 branch location and about $26.61 million in total assets. Opened 90 years ago in 1936, LOWELL FIREFIGHTERS CREDIT UNION has about 1,750 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LOWELL FIREFIGHTERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 642 Chelmsford St LOWELL, MA 01851 |
| Phone: | (978) 453-2734 |
| Fax: | (978) 453-5120 |
| Website: | https://www.lffcu.com |
| Branches: | 1 branch locations |
| Members: | 1,750 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67767 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Jun 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $26,613,092 |
| CEO/Manager: | David J Provencher |
| Chairperson: | Barry F Gannon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,102,674 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,000,749 |
| Unsecured Loans | 1,433,490 |
| Other Loans | 7,683,533 |
| TOTAL LOANS | 16,117,772 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -16,825 |
| Land And Building | 119,000 |
| Other Fixed Assets | 335,541 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 234,459 |
| All Other Assets | 8,666 |
| TOTAL ASSETS | 26,613,092 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 48,140 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,496,843 |
| Regular shares | 13,306,059 |
| All Other Shares & Deposits | 7,418,941 |
| TOTAL SHARES & DEPOSITS | 23,221,843 |
| TOTAL LIABILITIES | 23,269,983 |
| Regular Reserve | 0 |
| Other Reserves | 303,000 |
| Undivided Earnings | 3,040,109 |
| TOTAL EQUITY | 3,343,109 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,613,092 |
| INCOME & EXPENSE | |
| Loan Income | 627,766 |
| Investment Income | 236,567 |
| Other Income | 33,245 |
| Total Employee Compensation & Benefits | 289,690 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 334,879 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 206,470 |
| Cost of Funds | 230,770 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -118,088 |
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