Dec, 31, 2023 — KNOXVILLE FIREFIGHTERS FEDERAL CREDIT UNION is a federal credit union headquartered in KNOXVILLE, TN with 1 branch location and about $36.33 million in total assets. Opened 70 years ago in 1954, KNOXVILLE FIREFIGHTERS FEDERAL CREDIT UNION has about 1,695 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | KNOXVILLE FIREFIGHTERS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 5207 Schubert Rd KNOXVILLE, TN 37912 |
| Phone: | (865) 688-0498 |
| Fax: | (865) 688-0490 |
| Website: | https://www.knoxfirefcu.com |
| Branches: | 1 branch locations |
| Members: | 1,695 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9873 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Sep 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $36,325,933 |
| CEO/Manager: | Cynthia L Miniard |
| Chairperson: | Mark C Morris |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,677,876 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,438,278 |
| Unsecured Loans | 1,244,490 |
| Other Loans | 14,268,908 |
| TOTAL LOANS | 21,951,677 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -57,333 |
| Land And Building | 358,650 |
| Other Fixed Assets | 5,105 |
| NCUSIF Deposit | 339,667 |
| All Other Assets | 0 |
| TOTAL ASSETS | 36,325,933 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 183,719 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,169,316 |
| Regular shares | 22,034,652 |
| All Other Shares & Deposits | 3,274,796 |
| TOTAL SHARES & DEPOSITS | 30,478,764 |
| TOTAL LIABILITIES | 30,662,483 |
| Regular Reserve | 0 |
| Other Reserves | 472,595 |
| Undivided Earnings | 5,190,855 |
| TOTAL EQUITY | 5,663,450 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 36,325,933 |
| INCOME & EXPENSE | |
| Loan Income | 845,010 |
| Investment Income | 479,250 |
| Other Income | 40,101 |
| Total Employee Compensation & Benefits | 331,308 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 427,732 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 11,360 |
| Cost of Funds | 76,767 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 630,324 |
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