Dec, 31, 2023 — FIREFIGHTERS CREDIT UNION is a non-federally insured state credit union headquartered in INDIANAPOLIS, IN with 1 branch location and about $81.37 million in total assets. Opened 68 years ago in 1956, FIREFIGHTERS CREDIT UNION has about 5,000 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | FIREFIGHTERS CREDIT UNION |
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Address: (Main Office) | 726 Massachusetts Ave INDIANAPOLIS, IN 46204 |
Phone: | (317) 636-5581 |
Fax: | (317) 636-8749 |
Website: | https://www.fire-cu.org |
Branches: | 1 branch locations |
Members: | 5,000 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 97052 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1956 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $81,367,637 |
CEO/Manager: | Mel Self |
Chairperson: | Gregg Harris |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,538,988 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 7,337,958 |
Unsecured Loans | 2,970,524 |
Other Loans | 24,157,040 |
TOTAL LOANS | 34,465,522 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -281,697 |
Land And Building | 2,428,105 |
Other Fixed Assets | 112,222 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 81,367,637 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 108,148 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,166,888 |
Regular shares | 29,481,130 |
All Other Shares & Deposits | 24,945,968 |
TOTAL SHARES & DEPOSITS | 71,593,986 |
TOTAL LIABILITIES | 71,702,134 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 9,665,503 |
TOTAL EQUITY | 9,665,503 |
TOTAL LIABILITIES, SHARES, & EQUITY | 81,367,637 |
INCOME & EXPENSE | |
Loan Income | 1,855,823 |
Investment Income | 892,139 |
Other Income | 571,396 |
Total Employee Compensation & Benefits | 1,021,004 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,345,256 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 205,180 |
Cost of Funds | 359,078 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 388,840 |
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