Dec, 31, 2023 — HAVERHILL FIRE DEPARTMENT CREDIT UNION is a federally insured state chartered credit union headquartered in HAVERHILL, MA with 1 branch location and about $24.79 million in total assets. Opened 91 years ago in 1933, HAVERHILL FIRE DEPARTMENT CREDIT UNION has about 1,266 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: | HAVERHILL FIRE DEPARTMENT CREDIT UNION |
---|---|
Address: (Main Office) | 75 Kenoza Ave HAVERHILL, MA 01830-4132 |
Phone: | (978) 372-8833 |
Fax: | (978) 372-7782 |
Website: | https://www.hfdcu.com |
Branches: | 1 branch locations |
Members: | 1,266 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67710 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1933 |
Last Audited: | Sep 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $24,792,491 |
CEO/Manager: | David J Butt |
Chairperson: | Eric M Tarpy |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,931,967 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 10,328,105 |
Unsecured Loans | 801,455 |
Other Loans | 5,947,088 |
TOTAL LOANS | 17,076,648 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -44,140 |
Land And Building | 684,100 |
Other Fixed Assets | 129,614 |
NCUSIF Deposit | 217,489 |
All Other Assets | 0 |
TOTAL ASSETS | 24,792,491 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -16,360 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,224,475 |
Regular shares | 11,851,772 |
All Other Shares & Deposits | 7,282,931 |
TOTAL SHARES & DEPOSITS | 22,359,179 |
TOTAL LIABILITIES | 22,342,819 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,449,672 |
TOTAL EQUITY | 2,449,672 |
TOTAL LIABILITIES, SHARES, & EQUITY | 24,792,491 |
INCOME & EXPENSE | |
Loan Income | 620,106 |
Investment Income | 243,838 |
Other Income | 10,860 |
Total Employee Compensation & Benefits | 328,075 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 321,985 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 9,342 |
Cost of Funds | 213,537 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 66,055 |
↑ Back to Top |