2024-10-10T12:18:19-05:00 2023-12-31 630813240 PEARCE BEVILL LEESBURG MOORE PC 110 OFFICE PARK DR BIRMINGHAM AL 35223 990 2023-01-01 630021945 FIREMANS CREDIT UNION CRED 2052526083 1808 7TH AVENUE NORTH BIRMINGHAM AL 35203 CHRISTOPHER AMMONS CEO 2052526083 2024-08-27 1 0 W GLENN BRIDGES P00519867 2053235440 2024-08-27 2023 2024-10-15 13:58:12Z CHRISTOPHER AMMONS 1808 7TH AVENUE NORTH BIRMINGHAM AL 35203 367477 0 1422 X N/A X STATE CHARTERED COOPERATIVE CREDIT U 1929 AL COOPERATIVE CREDIT UNION 5 3 3 9 0 0 0 0 333232 367477 0 0 0 0 333232 367477 0 0 0 0 92658 88364 0 0 0 150793 183901 243451 272265 89781 95212 7130665 7122981 4755167 4652271 2375498 2470710 COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. 0 0 ALABAMA BANKING CODE, SECTION 5-17-1, STATES THAT A CREDIT UNION IS A COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. FIREMAN'S CREDIT UNION, AN ALABAMA STATE CHARTERED CREDIT UNION, WAS ESTABLISHED TO PROVIDE THESE SERVICES TO ITS MEMBERS, WHO ARE EMPLOYEES AND THEIR RELATIVES OF THE CITY OF BIRMINGHAM FIRE DEPARTMENT. AS OF DECEMBER 31, 2023, THE CREDIT UNION HAD MEMBERSHIP AND PROVIDED SERVICES TO APPROXIMATELY 876 MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 601 0 3 1 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 0 X CHRISTOPHER AMMONS 2052526083 1808 7TH AVENUE NORTH BIRMINGHAM AL 35203 CHRISTOPHER AMMONS CEO, BOARD TREASURER & SECRETARY 22.00 X X 31200 0 0 JULIUS PURIFIE BOARD CHAIRPERSON 1.00 X 0 0 0 DECIMUS WILLIAMSON DIRECTOR 1.00 X 0 0 0 JOSEPH RICHARDSON SUPERVISORY COMMITTEE MEMB 1.00 X 0 0 0 RICKY GREEN SUPERVISORY COMMITTEE MEMB 1.00 X 0 0 0 MATTHEW LAMONTE BOARD VICE CHAIRPERSON 1.00 X 0 0 0 JASON DAVIS BOARD MEMBER 18.00 X 27300 0 0 TONY MANZELLA SUPERVISORY COMMITTEE CHAIR 1.00 X 0 0 0 58500 0 0 0 0 0 0 0 INTEREST ON LOANS TO M 522100 301748 301748 INVESTMENT INCOME 522100 62169 62169 FINANCIAL SERVICE INCO 522100 3560 3560 367477 367477 367477 0 0 58500 23400 6464 18000 375 5598 200 3375 7266 MEMBER SHARE DIVIDENDS 139411 PROVISION FOR LOAN LOSS 7000 STATE EXAM FEE 2676 272265 99 100 470725 442215 3081053 3328649 25826 22451 0 3375 3530389 3300243 48399 48399 7130665 7122981 3283 18215 4751884 4634056 4755167 4652271 X 0 0 0 0 2375498 2470710 2375498 2470710 7130665 7122981 95212 0 X X 0 0 0 25826 22451 3375 3375 CORPORATE CREDIT UNION CAPITAL 97000 C CERTIFICATES OF DEPOSIT 3203243 C 3300243 MEMBER SHARES 4634056 4634056 FORM 990, PART VI, SECTION A, LINE 6 ALABAMA BANKING CODE, SECTION 5-17-5 STATES THAT, "CREDIT UNION MEMBERSHIP SHALL CONSIST OF THE INCORPORATORS AND SUCH OTHER PERSONS AS MAY BE ELECTED TO MEMBERSHIP AND WHO SUBSCRIBE TO AT LEAST ONE SHARE AND PAY THE INITIAL INSTALLMENT THEREON AND THE ENTRANCE FEE. ORGANIZATIONS, INCORPORATED OR OTHERWISE, COMPOSED FOR THE MOST PART OF THE SAME GENERAL GROUP AS THE CREDIT UNION MEMBERSHIP MAY BE MEMBERS. CREDIT UNION ORGANIZATION SHALL BE LIMITED TO GROUPS, OF BOTH LARGE AND SMALL MEMBERSHIP, HAVING A COMMON BOND OF OCCUPATION OR ASSOCIATION OR TO GROUPS WITHIN A WELL- DEFINED NEIGHBORHOOD, COMMUNITY OR RURAL DISTRICT." THE MEMBERSHIP OF FIREMAN'S CREDIT UNION, AS OF DECEMBER 31, 2023, WAS OPEN TO THE FIREMEN OF THE CITY OF BIRMINGHAM, ALABAMA, AND THEIR FAMILIES, AND CONSISTED OF APPROXIMATELY 876 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE CREDIT UNION'S MEMBERSHIP AT THE ANNUAL MEETING. THE CREDIT UNION'S BYLAWS GOVERN THE ELECTION PROCEDURES. THE TERMS OF THE BOARD OF DIRECTORS, AS SET BY THE BYLAWS, ARE 3 YEARS, AND ARE STAGGERED SO THAT AN EQUAL NUMBER EXPIRE AT EACH ANNUAL MEETING. ELECTION BY THE MEMBERSHIP IS DETERMINED BY A MAJORITY VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING TYPES OF DECISIONS ARE SUBJECT TO APPROVAL BY THE CREDIT UNION'S MEMBERS: DISSOLUTION AND MERGER OF THE CREDIT UNION, ELECTION AND TERMINATION OF BOARD MEMBERS, ELECTION AND TERMINATION OF SUPERVISORY COMMITTEE MEMBERS, CONVERSION FROM STATE TO FEDERAL CHARTER, AND AMENDMENT OF THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE BOARD OF DIRECTORS PERFORM A REVIEW OF THE DRAFT FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE'S TRANSACTIONS ARE MONITORED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY OR MORE OFTEN IF NEEDED. THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF DIRECTORS AND EACH EMPLOYEE. THE EMPLOYEE SIGNS AS HIS ACKNOWLEDGEMENT THAT HE OR SHE HAS READ, UNDERSTOOD, AND AGREED TO ABIDE BY THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED BY THE CREDIT UNION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FURTHERMORE, THE CREDIT UNION'S FINANCIAL STATEMENTS CAN BE FOUND ON THE WEBSITE OF THE NCUA AT NCUA.GOV. FORM 990, PART XII, LINE 2B: ON AN ANNUAL BASIS, THE ALABAMA CREDIT UNION ADMINISTRATION AND/OR THE NATIONAL CREDIT UNION ADMINISTRATION PERFORM A REGULATORY EXAMINATION OF THE FINANCIAL STATEMENTS AND SAFETY AND SOUNDNESS OF THE CREDIT UNION. ADDITIONALLY, THE CREDIT UNION'S FINANCIAL STATEMENTS ARE SUBJECT TO A SUPERVISORY COMMITTEE AUDIT/AGREED UPON PROCEDURES PERFORMED BY AN INDEPENDENT THIRD PARTY AS OF MARCH 31 EACH YEAR. FORM 990, PART XII, LINE 2C: THE CREDIT UNION HAS A SUPERVISORY COMMITTEE THAT IS RESPONSIBLE FOR ENSURING THAT THE BOARD OF DIRECTORS AND MANAGEMENT OF THE CREDIT UNION - (1)MEET REQUIRED FINANCIAL REPORTING OBJECTIVES AND (2)ESTABLISH PRACTICES AND PROCEDURES SUFFICIENT TO SAFEGUARD MEMBERS' ASSETS. THIS INCLUDES OVERSEEING ANY ANNUAL SUPERVISORY COMMITTEE AUDIT/AGREED UPON PROCEDURES AND THE SELECTION OF THE INDEPENDENT AUDITOR/ACCOUNTANT.