Sep, 30, 2025 — FREDERIKSTED FEDERAL CREDIT UNION is a federal credit union headquartered in FREDERIKSTED, VI with 1 branch location and about $24.27 million in total assets. Opened 74 years ago in 1952, FREDERIKSTED FEDERAL CREDIT UNION has about 2,975 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FREDERIKSTED FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 59 Queen St FREDERIKSTED, VI 00840 |
| Phone: | (340) 772-0435 |
| Fax: | (340) 772-2595 |
| Website: | https://www.ffcuvi.org |
| Branches: | 1 branch locations |
| Members: | 2,975 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8069 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,272,546 |
| CEO/Manager: | Maria Porfil |
| Chairperson: | Kenneth Changa |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,422,271 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,053 |
| Unsecured Loans | 2,143,460 |
| Other Loans | 4,984,623 |
| TOTAL LOANS | 7,156,136 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -105,915 |
| Land And Building | 611,108 |
| Other Fixed Assets | 14,922 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 194,413 |
| All Other Assets | 28,925 |
| TOTAL ASSETS | 24,272,546 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,827 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 93,401 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 332,023 |
| Regular shares | 18,783,153 |
| All Other Shares & Deposits | 1,221,872 |
| TOTAL SHARES & DEPOSITS | 20,337,048 |
| TOTAL LIABILITIES | 20,433,276 |
| Regular Reserve | 0 |
| Other Reserves | 323,059 |
| Undivided Earnings | 3,516,211 |
| TOTAL EQUITY | 3,839,270 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,272,546 |
| INCOME & EXPENSE | |
| Loan Income | 598,290 |
| Investment Income | 444,697 |
| Other Income | 77,078 |
| Total Employee Compensation & Benefits | 293,878 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 325,809 |
| Non-operating Income & (Expense) | -3,436 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,226 |
| Cost of Funds | 26,861 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 710,281 |
| ↑ Back to Top | |