Dec, 31, 2023 — SPOKANE FIREFIGHTERS CREDIT UNION is a federally insured state chartered credit union headquartered in SPOKANE, WA with 1 branch location and about $78.75 million in total assets. Opened 90 years ago in 1934, SPOKANE FIREFIGHTERS CREDIT UNION has about 2,462 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SPOKANE FIREFIGHTERS CREDIT UNION |
|---|---|
| Address: (Main Office) | 2002 N Atlantic St SPOKANE, WA 99205-4805 |
| Phone: | (509) 484-5650 |
| Fax: | (509) 487-6567 |
| Website: | https://www.firecu.net |
| Branches: | 1 branch locations |
| Members: | 2,462 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68205 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $78,753,440 |
| CEO/Manager: | Gayle M Furness |
| Chairperson: | William J Gonzalez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,825,513 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 29,384,781 |
| Unsecured Loans | 1,714,647 |
| Other Loans | 15,656,264 |
| TOTAL LOANS | 46,755,692 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -295,753 |
| Land And Building | 233,553 |
| Other Fixed Assets | 63,827 |
| NCUSIF Deposit | 650,036 |
| All Other Assets | 0 |
| TOTAL ASSETS | 78,753,440 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,000,000 |
| Accounts Payable & Other Liabilities | 547,978 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 13,908,904 |
| Regular shares | 40,617,059 |
| All Other Shares & Deposits | 11,338,716 |
| TOTAL SHARES & DEPOSITS | 65,864,679 |
| TOTAL LIABILITIES | 67,412,657 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 11,340,783 |
| TOTAL EQUITY | 11,340,783 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 78,753,440 |
| INCOME & EXPENSE | |
| Loan Income | 1,954,503 |
| Investment Income | 426,843 |
| Other Income | 126,199 |
| Total Employee Compensation & Benefits | 1,028,345 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 752,243 |
| Non-operating Income & (Expense) | -14 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,814 |
| Cost of Funds | 515,482 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 441,865 |
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