DULUTH FIRE DEPARTMENT Credit Union Profile

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DULUTH FIRE DEPARTMENT

Charter #60750 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (218) 723-8357

Fax: (218) 722-2702

Founding Date: N/A

Personnel & Operations

President: Cooke, Chad

Manager: Torgerson, David

FT Employees: 1

PT Employees: 4

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: 9AM -3PM M-F

Credit Union Profile Summary

DULUTH FIRE DEPARTMENT is a FISCU Credit Union. With a total of 360 members [1], this institution manages approximately $7,114,822 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 18.3% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -3.81% [1].

Financial Snapshot

Total Assets [1]
$7,114,822

Total economic resources.

Total Loans [1]
$2,801,755

Total value of outstanding loans.

Total Deposits [1]
$5,812,829

Total funds deposited by members.

Members [1]
360

Number of active members.

Performance Ratios

Net Worth Ratio [1]
18.3%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.82%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
48.20%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
9.89%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-3.81%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
1.41%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

602 W 2ND ST

DULUTH, MN, 55802

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by DULUTH FIRE DEPARTMENT (Charter #60750).

Main Office

DFDCU Main Office

Type: Corporate Office

602 W 2nd St

Duluth, MN 55802

Phone: (218) 723-8357

Services: Member Services

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