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FLORIDA STATE EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — FLORIDA STATE EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in Pensacola, FL with 2 branch locations and about $25.64 million in total assets. Opened 63 years ago in 1961, FLORIDA STATE EMPLOYEES FEDERAL CREDIT UNION has about 2,668 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 263281640
Name:FLORIDA STATE EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 11003
Pensacola, FL 32526
Phone:(850) 474-1400
Fax:(850) 473-6696
Website:https://www.fsefcu.org
Branches:2 branch locations
Members:2,668
Credit Union Type:Federal Credit Union
Charter Number:14635
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1961
Last Audited:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$25,641,787
CEO/Manager:Christina E Reynolds
Chairperson:Cecil D Lanier

Call Report

  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Check Cashing
  • Insurance/Investment Sales
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,477,079
TOTAL INVESTMENTS 2,939,544
Loans Held for Sale 0
 
 Real Estate Loans 722,489
 Unsecured Loans 1,523,493
 Other Loans 7,271,754
 TOTAL LOANS 9,517,736
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -252,936
 Land And Building 432,350
 Other Fixed Assets 203,495
 NCUSIF Deposit 206,007
 All Other Assets 118,512
  TOTAL ASSETS 25,641,787
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 139,555
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 4,381,674
 Regular shares 12,728,903
 All Other Shares & Deposits 6,943,104
  TOTAL SHARES & DEPOSITS 24,053,681
  TOTAL LIABILITIES 24,193,236
 Regular Reserve 661,229
 Other Reserves 0
 Undivided Earnings 787,322
  TOTAL EQUITY 1,448,551
  TOTAL LIABILITIES, SHARES, & EQUITY 25,641,787
INCOME & EXPENSE  
 Loan Income 714,867
 Investment Income 102,290
 Other Income 298,879
 Total Employee Compensation & Benefits 335,407
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 714,582
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 155,438
 Cost of Funds 53,490
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -142,881
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