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National Credit Union Service Organization

F.F.E. FEDERAL CREDIT UNION

Mar, 31, 2022 — F.F.E. FEDERAL CREDIT UNION is a federal credit union headquartered in FARGO, ND with 1 branch location and about $5.00 million in total assets. Opened 68 years ago in 1954, F.F.E. FEDERAL CREDIT UNION has about 517 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:F.F.E. FEDERAL CREDIT UNION
Address:
(Main Office)
657 2nd Ave N Rm 450
FARGO, ND 58102-4727
Phone:(701) 235-1359
Fax:(701) 235-1359
Website:http://ffe-fcu.org
Branches:1 branch locations
Members:517
Credit Union Type:Federal Credit Union
Charter Number:9102
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1954
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$4,999,379
CEO/Manager:Lacey A Onsurez
Chairperson:Jay Liversage

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 754,424
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 42,180
 Other Loans 1,393,003
 TOTAL LOANS 1,435,183
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,190
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 38,647
 All Other Assets 0
  TOTAL ASSETS 4,999,379
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 117
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,490,775
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,490,775
  TOTAL LIABILITIES 4,490,892
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 508,487
  TOTAL EQUITY 508,487
  TOTAL LIABILITIES, SHARES, & EQUITY 4,999,379
INCOME & EXPENSE  
 Loan Income 11,579
 Investment Income 9,081
 Other Income 174
 Total Employee Compensation & Benefits 10,011
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 7,492
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 2,197
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,134
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