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SPOKANE FIREFIGHTERS CREDIT UNION

Dec, 31, 2020 — SPOKANE FIREFIGHTERS CREDIT UNION is a federally insured state chartered credit union headquartered in Spokane, WA with 1 branch location and about $68.43 million in total assets. Opened 87 years ago in 1934, SPOKANE FIREFIGHTERS CREDIT UNION has about 2,306 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 325182645
Name:SPOKANE FIREFIGHTERS CREDIT UNION
Address:
(Main Office)
2002 N Atlantic St
Spokane, WA 99205-4805
Phone:(509) 484-5650
Fax:(509) 487-6567
Website:http://www.firecu.net
Branches:1 branch locations
Members:2,306
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68205
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:Dec 01, 2019
FHLB Member:Yes
Low Income Designation:No
Assets:$68,427,983
CEO/Manager:Gayle M Furness
Chairperson:Erv C Williams

Call Report

  • Interest Only or Payment Option 1st Mortgage Loans
  • Micro Consumer Loans
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 5,233,080
TOTAL INVESTMENTS 18,109,154
Loans Held for Sale 0
 
 Real Estate Loans 31,014,730
 Unsecured Loans 1,363,452
 Other Loans 11,264,531
 TOTAL LOANS 43,642,713
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -315,349
 Land And Building 272,965
 Other Fixed Assets 66,211
 NCUSIF Deposit 488,319
 All Other Assets 930,890
  TOTAL ASSETS 68,427,983
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 3,000,000
 Accounts Payable & Other Liabilities 351,879
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 11,389,231
 Regular shares 37,040,854
 All Other Shares & Deposits 6,941,851
  TOTAL SHARES & DEPOSITS 55,371,936
  TOTAL LIABILITIES 58,723,815
 Regular Reserve 901,065
 Other Reserves 0
 Undivided Earnings 8,803,103
  TOTAL EQUITY 9,704,168
  TOTAL LIABILITIES, SHARES, & EQUITY 68,427,983
INCOME & EXPENSE  
 Loan Income 1,570,725
 Investment Income 316,128
 Other Income 778,486
 Total Employee Compensation & Benefits 797,108
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 716,401
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 40,603
 Cost of Funds 316,678
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 794,549
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