Denver Fire Department Federal Credit Union
Overview / Commentary
Denver Fire Department Federal Credit Union is headquartered in Denver and is the 20th largest credit union in the state of Colorado. It is also the 1,196th largest credit union in the nation. It was established in 1938 and as of December of 2019, it had grown to 11 employees and 5,770 members at 1 location. Denver Fire Department Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to voting members of local unions who are members of the Colorado Professional Firefighters and to employees of Denver, South Metro, West Metro, Frederick/Firestone, or North Washington Fire Departments and their families.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2881 |
| Year Chartered | 1938 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 6.61% |
| Annual Interest Income | $4.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $169.4MM$152.1MM |
| Loans | Q4 2019vs Q4 2018 | $84.6MM$78.1MM |
| Deposits | Q4 2019vs Q4 2018 | $147.3MM$132.5MM |
| Equity Capital | Q4 2019vs Q4 2018 | $21.1MM$19.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $342.00K$320.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $0$178.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |