Dec, 31, 2023 — F.F.E. FEDERAL CREDIT UNION is a federal credit union headquartered in FARGO, ND with 1 branch location and about $4.11 million in total assets. Opened 70 years ago in 1954, F.F.E. FEDERAL CREDIT UNION has about 472 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | F.F.E. FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 657 2nd Ave N Rm 450 FARGO, ND 58102-4727 |
| Phone: | (701) 235-1359 |
| Fax: | (701) 235-1359 |
| Website: | https://ffe-fcu.org |
| Branches: | 1 branch locations |
| Members: | 472 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9102 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Jun 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $4,110,708 |
| CEO/Manager: | Lacey A Onsurez |
| Chairperson: | Jay Liversage |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 470,464 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 47,983 |
| Other Loans | 1,277,982 |
| TOTAL LOANS | 1,325,965 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -6,190 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 42,511 |
| All Other Assets | 0 |
| TOTAL ASSETS | 4,110,708 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 134 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 3,603,025 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 3,603,025 |
| TOTAL LIABILITIES | 3,603,159 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 507,549 |
| TOTAL EQUITY | 507,549 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 4,110,708 |
| INCOME & EXPENSE | |
| Loan Income | 41,508 |
| Investment Income | 51,802 |
| Other Income | 1,683 |
| Total Employee Compensation & Benefits | 46,185 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 28,265 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 20,648 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -105 |
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