Dec, 31, 2023 — D C FIRE DEPARTMENT FEDERAL CREDIT UNION is a federal credit union headquartered in WASHINGTON, DC with 1 branch location and about $7.10 million in total assets. Opened 75 years ago in 1949, D C FIRE DEPARTMENT FEDERAL CREDIT UNION has about 1,650 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: | D C FIRE DEPARTMENT FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2225 5TH ST NE WASHINGTON, DC 20002 |
| Phone: | (202) 635-0118 |
| Fax: | (202) 635-0917 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 1,650 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6088 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $7,097,818 |
| CEO/Manager: | WILLIAM R DUNHAM |
| Chairperson: | STANLEY A TAPER |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,737,757 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 3,003,601 |
| Other Loans | 37,605 |
| TOTAL LOANS | 3,041,206 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -75,600 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 60,081 |
| All Other Assets | 0 |
| TOTAL ASSETS | 7,097,818 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 0 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 5,533,439 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 5,533,439 |
| TOTAL LIABILITIES | 5,533,439 |
| Regular Reserve | 0 |
| Other Reserves | 5,056 |
| Undivided Earnings | 1,559,323 |
| TOTAL EQUITY | 1,564,379 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 7,097,818 |
| INCOME & EXPENSE | |
| Loan Income | 414,676 |
| Investment Income | 98,542 |
| Other Income | 1,295 |
| Total Employee Compensation & Benefits | 244,852 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 84,649 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 112,000 |
| Cost of Funds | 43,799 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 31,430 |
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