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FIRE POLICE CITY COUNTY FEDERAL CREDIT UNION

Dec, 31, 2023 — FIRE POLICE CITY COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in FORT WAYNE, IN with 6 branch locations and about $182.35 million in total assets. Opened 50 years ago in 1974, FIRE POLICE CITY COUNTY FEDERAL CREDIT UNION has about 11,436 members and employs 55 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:FIRE POLICE CITY COUNTY FEDERAL CREDIT UNION
Address:
(Main Office)
3306 N CLINTON ST
FORT WAYNE, IN 46805
Phone:(260) 484-2102
Fax:(260) 482-7999
Website:https://www.fpccfcu.org
Branches:6 branch locations
Members:11,436
Credit Union Type:Federal Credit Union
Charter Number:21593
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1974
Last Audited:Sep 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$182,347,876
CEO/Manager:DIANE R SCHERER
Chairperson:Joshua W Hartup

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,750,477
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 75,146,983
 Unsecured Loans 6,629,898
 Other Loans 54,139,663
 TOTAL LOANS 135,916,544
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,065,781
 Land And Building 3,968,837
 Other Fixed Assets 449,327
 NCUSIF Deposit 1,537,781
 All Other Assets 6,605
  TOTAL ASSETS 182,347,876
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,149,345
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 35,765,468
 Regular shares 30,597,793
 All Other Shares & Deposits 95,033,546
  TOTAL SHARES & DEPOSITS 161,396,807
  TOTAL LIABILITIES 162,546,364
 Regular Reserve 0
 Other Reserves 1,826,563
 Undivided Earnings 17,974,949
  TOTAL EQUITY 19,801,512
  TOTAL LIABILITIES, SHARES, & EQUITY 182,347,876
INCOME & EXPENSE  
 Loan Income 7,221,290
 Investment Income 1,472,949
 Other Income 1,656,117
 Total Employee Compensation & Benefits 5,002,487
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,233,542
 Non-operating Income & (Expense) 12,466
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 339,049
 Cost of Funds 1,713,020
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,830,040
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