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OK MEMBERS FIRST FEDERAL CREDIT UNION

Mar, 31, 2021 — OK MEMBERS FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in TULSA, OK with 1 branch location and about $23.17 million in total assets. Opened 70 years ago in 1951, OK MEMBERS FIRST FEDERAL CREDIT UNION has about 3,466 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:OK MEMBERS FIRST FEDERAL CREDIT UNION
Address:
(Main Office)
10832 E 31ST ST
TULSA, OK 74146
Phone:(918) 663-2050
Fax:(918) 663-8485
Website:http://www.omffcu.org
Branches:1 branch locations
Members:3,466
Credit Union Type:Federal Credit Union
Charter Number:7154
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1951
Last Audited:Mar 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$23,166,193
CEO/Manager:Gary Juby
Chairperson:Michael J Mclane

Call Report

  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Pay Day Loans
  • 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 5,162,791
TOTAL INVESTMENTS 3,211,083
Loans Held for Sale 0
 
 Real Estate Loans 848,362
 Unsecured Loans 825,676
 Other Loans 12,016,476
 TOTAL LOANS 13,690,514
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,537
 Land And Building 225,919
 Other Fixed Assets 1,586
 NCUSIF Deposit 180,234
 All Other Assets 719,603
  TOTAL ASSETS 23,166,193
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 134,279
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 3,299,199
 Regular shares 5,836,565
 All Other Shares & Deposits 10,576,954
  TOTAL SHARES & DEPOSITS 19,712,718
  TOTAL LIABILITIES 19,846,997
 Regular Reserve 476,400
 Other Reserves 0
 Undivided Earnings 2,842,796
  TOTAL EQUITY 3,319,196
  TOTAL LIABILITIES, SHARES, & EQUITY 23,166,193
INCOME & EXPENSE  
 Loan Income 164,099
 Investment Income 4,830
 Other Income 30,867
 Total Employee Compensation & Benefits 94,417
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 95,253
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 3,700
 Cost of Funds 21,866
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,233
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