Sep, 30, 2025 — FIRST OKLAHOMA FEDERAL CREDIT UNION is a federal credit union headquartered in GLENPOOL, OK with 2 branch locations and about $28.88 million in total assets. Opened 73 years ago in 1953, FIRST OKLAHOMA FEDERAL CREDIT UNION has about 2,260 members and employs 9 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 OKLAHOMA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 14912 S Broadway St GLENPOOL, OK 74033 |
| Phone: | (918) 582-1965 |
| Fax: | |
| Website: | https://www.firstokfcu.org |
| Branches: | 2 branch locations |
| Members: | 2,260 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9090 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $28,881,171 |
| CEO/Manager: | John Freeman |
| Chairperson: | William (Bill) Hughart |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,237,815 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,614,211 |
| Unsecured Loans | 1,426,531 |
| Other Loans | 10,135,261 |
| TOTAL LOANS | 17,176,003 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -36,036 |
| Land And Building | 6,476,950 |
| Other Fixed Assets | 750,699 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 277,061 |
| All Other Assets | 0 |
| TOTAL ASSETS | 28,881,171 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,740 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,791,743 |
| Regular shares | 11,702,769 |
| All Other Shares & Deposits | 10,017,873 |
| TOTAL SHARES & DEPOSITS | 26,512,384 |
| TOTAL LIABILITIES | 26,516,124 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,365,047 |
| TOTAL EQUITY | 2,365,047 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,881,171 |
| INCOME & EXPENSE | |
| Loan Income | 944,226 |
| Investment Income | 69,636 |
| Other Income | 174,906 |
| Total Employee Compensation & Benefits | 486,724 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 743,646 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 121,172 |
| Cost of Funds | 353,335 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -401,334 |
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