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National Credit Union Service Organization

CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION

Dec, 31, 2023 — CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION is a federal credit union headquartered in CAMBRIDGE, MA with 1 branch location and about $13.64 million in total assets. Opened 88 years ago in 1936, CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION has about 846 members and employs 3 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: 211381660
Name:CAMBRIDGE FIREFIGHTERS FEDERAL CREDIT UNION
Address:
(Main Office)
113 Garden St
CAMBRIDGE, MA 02138-6700
Phone:(617) 864-2298
Fax:(617) 864-2351
Website:https://www.cambridgefirefcu.org
Branches:1 branch locations
Members:846
Credit Union Type:Federal Credit Union
Charter Number:1236
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1936
Last Audited:Sep 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$13,640,771
CEO/Manager:Robert F Mahoney
Chairperson:Francis X Deely

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,180,437
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,173,440
 Unsecured Loans 913,310
 Other Loans 3,193,313
 TOTAL LOANS 7,280,063
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -47,183
 Land And Building 0
 Other Fixed Assets 3,780
 NCUSIF Deposit 112,392
 All Other Assets 0
  TOTAL ASSETS 13,640,771
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 38,530
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 10,692,238
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 10,692,238
  TOTAL LIABILITIES 10,730,768
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,910,003
  TOTAL EQUITY 2,910,003
  TOTAL LIABILITIES, SHARES, & EQUITY 13,640,771
INCOME & EXPENSE  
 Loan Income 329,203
 Investment Income 315,889
 Other Income -497
 Total Employee Compensation & Benefits 197,602
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 88,052
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 57,143
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 301,798
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