Dec, 31, 2023 — OK MEMBERS FIRST FEDERAL CREDIT UNION is a federal credit union headquartered in TULSA, OK with 1 branch location and about $24.10 million in total assets. Opened 73 years ago in 1951, OK MEMBERS FIRST FEDERAL CREDIT UNION has about 3,449 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OK MEMBERS FIRST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 10832 E 31st St TULSA, OK 74146 |
| Phone: | (918) 663-2050 |
| Fax: | (918) 663-8485 |
| Website: | https://www.omffcu.org |
| Branches: | 1 branch locations |
| Members: | 3,449 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7154 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $24,095,938 |
| CEO/Manager: | Gary Juby |
| Chairperson: | Michael J Mclane |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,386,801 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,993,638 |
| Unsecured Loans | 916,992 |
| Other Loans | 15,648,607 |
| TOTAL LOANS | 19,559,236 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -110,769 |
| Land And Building | 190,000 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 205,632 |
| All Other Assets | 0 |
| TOTAL ASSETS | 24,095,938 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 398,871 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,736,748 |
| Regular shares | 5,643,405 |
| All Other Shares & Deposits | 10,888,953 |
| TOTAL SHARES & DEPOSITS | 20,269,106 |
| TOTAL LIABILITIES | 20,667,977 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 3,427,961 |
| TOTAL EQUITY | 3,427,961 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 24,095,938 |
| INCOME & EXPENSE | |
| Loan Income | 991,793 |
| Investment Income | 126,686 |
| Other Income | 146,515 |
| Total Employee Compensation & Benefits | 534,754 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 508,917 |
| Non-operating Income & (Expense) | -10,260 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 45,000 |
| Cost of Funds | 164,602 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 81,875 |
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