Sep, 30, 2025 — FIRST FLIGHT FEDERAL CREDIT UNION is a federal credit union headquartered in CARY, NC with 5 branch locations and about $264.78 million in total assets. Opened 74 years ago in 1952, FIRST FLIGHT FEDERAL CREDIT UNION has about 20,186 members and employs 68 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIRST FLIGHT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1815 Kildaire Farm Rd CARY, NC 27518 |
| Phone: | (919) 851-5690 |
| Fax: | (919) 851-8667 |
| Website: | https://www.efirstflight.com |
| Branches: | 5 branch locations |
| Members: | 20,186 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7870 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $264,775,974 |
| CEO/Manager: | Tabitha Allen |
| Chairperson: | Greg Williams |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 38,856,800 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 150,000 |
| Real Estate Loans | 40,660,633 |
| Unsecured Loans | 9,451,788 |
| Other Loans | 112,106,169 |
| TOTAL LOANS | 162,441,852 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,983,866 |
| Land And Building | 6,027,141 |
| Other Fixed Assets | 450,929 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,062,867 |
| All Other Assets | 120,621 |
| TOTAL ASSETS | 264,775,974 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,477,234 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 46,327,753 |
| Regular shares | 70,610,439 |
| All Other Shares & Deposits | 114,541,877 |
| TOTAL SHARES & DEPOSITS | 231,480,069 |
| TOTAL LIABILITIES | 233,958,267 |
| Regular Reserve | 0 |
| Other Reserves | 341,988 |
| Undivided Earnings | 30,475,719 |
| TOTAL EQUITY | 30,817,707 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 264,775,974 |
| INCOME & EXPENSE | |
| Loan Income | 8,247,431 |
| Investment Income | 2,859,149 |
| Other Income | 1,258,000 |
| Total Employee Compensation & Benefits | 4,384,644 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,192,643 |
| Non-operating Income & (Expense) | -9,404 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,139,094 |
| Cost of Funds | 2,639,903 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,411,065 |
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