2025-05-13T12:52:11-04:00 2024-12-31 261694946 SCHWARTZ COLE AND ASSOCIATES LLC 7301 WILES RD STE 202 CORAL SPRINGS FL 33067 990 2024-01-01 850102571 CREDIT UNIONS IN THE STATE OF NEW M FIRST FINACIAL CREDIT UNION CRED 5054621115 4910 UNION WAY NE ALBUQUERQUE NM 87107 YVONNE ALANIZ-CARPE CFO 5054621115 2025-05-09 true false DANIEL J COLE P00055998 9547551760 2025-05-13 2024 2025-03-06 01:10:19Z CREDIT UNIONS IN THE STATE OF NEW M YVONNE ALANIZ-CARPE 68221974 false X WWW.FFNM.COM X 1937 NM FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGEOUS RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. 13 13 283 12 841707 0 57609612 62323579 3682721 5871187 0 61292333 68194766 0 0 22502522 27155831 0 0 33461103 38442460 55963625 65598291 5328708 2596475 877714950 916557398 809834889 845455521 67880061 71101877 X FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGEOUS RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. false false INTEREST IS CHARGED AT MARKET RATES TO MEMBERS TO PROVIDE REVENUE TO PAY FOR THE COST OF THE FUNDS. FEES AND CHARGES ARE ASSESSED TO MEMBERS FOR FINANCIAL SERVICES. THESE FEES GENERATE THE REVENUE NECESSARY TO PAY THE COSTS TO PROVIDE THESE SERVICES. EARNINGS FROM THE INVESTMENTS. THE EXCESS OF FUNDS RECEIVED FROM MEMBERS, OVER THE AMOUNT LOANDED TO MEMBERS, AS WELL AS ACCUMULATED SURPLUS, IS INVESTED IN SECURITIES ALLOWED BY THE NCUA, AND THE CREDIT UNION'S GOVERNING DOCUMENTS. false false false false false false false false false true false false true true false true true false false false false false false false false false false false true false false false false false false false false false false false true true false false true 19284 0 true 283 true true true false false false false false true false X 13 13 false false false false true true true true true false true true false true true true false true true true true true X RONALD MOOREHEAD 5057665600 601 TIJERAS NW ALBUQUERQUE NM 87102 RONALD MOOREHEAD PRESIDENT/CE 45.00 X 1324215 0 22237 KAREN ORTIZ EVP/COO 45.00 X 632516 0 12797 STEVE COFFEY CIO 45.00 X 355175 0 12116 CHRIS SAMBORSKI CLO 45.00 X 313223 0 15651 YVONNE ALANIZ-CARPE CFO 45.00 X 258431 0 12947 DENNIS HOUSTON CSO 45.00 X 248566 0 12318 STORMY BARRETT VP BRANCH OF 45.00 X 196357 0 9821 VINCENT ESPARAZA DIRECTOR 5.00 X 0 0 0 CYNTHIA FROST 1ST VICE CHA 5.00 X X 0 0 0 RICK GOSHORN SECRETARY/TR 5.00 X 0 0 0 CASSIE KELLEY EX-OFFICER 5.00 X X 0 0 0 STEWART LOGAN 2ND VICE CHA 5.00 X 0 0 0 BOYD MILLER EMERITUS DIR 5.00 X 0 0 0 LORETTA MONTOYA CHAIRPERSON 5.00 X 0 0 0 IVA NELSON DIRECTOR 5.00 X 0 0 0 VANESSA RAGSDALE DIRECTOR 5.00 X 0 0 0 MELISSA WAUNEKA DIRECTOR 5.00 X 0 0 0 3328483 97887 9 false true false LAMACCHIA GROUP 157 N MILWAUKEE STREET MILWAUKEE WI 53202 CONTRACTORS 4035559 ALKAMI 5601 GRANITE PARKWAY STE 130 PLANO TX 75024 ONLINE PLATFORM 1295372 CU ANYTIME LLC 3121 CARLISLE BLVD NE SUITE 100 ALBUQUERQUE NM 87110 ATM & COINS 927737 JACK HENRY ASSOCIATES PO BOX 609 MONETT MO 65708 PMT. PROCESSING 805618 FIS GLOBAL PO BOX 99924 GRAPEVINE TX 75019 CR/DB CARDS 755506 45 LOAN INTEREST 37421876 37421876 OTHER OPERATING INCOME 12555998 12555998 FEES AND CHARGES 11503998 11503998 NON-MEMBER ATM FEES 525990 841707 841707 62323579 5898395 5898395 27208 -27208 -27208 -27208 68194766 67353059 841707 1991766 23735833 1428232 107389 101187 2654628 15442137 2583266 687061 9820759 PROVISIONS FOR LOAN LOSSE 4623000 LOAN SERVICING 993029 PROFESSIONAL FEES 604637 MISC OPERATING EXP 475870 349497 65598291 0 0 0 26932177 78781936 46665273 36767655 655431689 654612729 51277639 20954545 25177405 30323094 68238299 58399045 55270107 57672939 877714950 916557398 21763073 18413366 788071816 827042155 809834889 845455521 X 67880061 71101877 67880061 71101877 877714950 916557398 X 2596475 625341 X false true X true false 4415443 4415443 26192231 4770559 21421672 4734381 3048577 1685804 15438697 13135409 2303288 29826207 COLI 23962495 OTHER ASSETS 20483174 NCUA SHARE INSURANCE DEPOSIT 7810617 INVESTMENT IN CU ANYTIME 2827098 ACCRUED INTEREST ON LOANS 2586629 ACCRUED INCOME 2926 57672939 MEMBER SHARES 827042155 827042155 68194766 68194766 68194766 65598291 65598291 65598291 X true false X false false false RONALD MOOREHEAD PRESIDENT/CEO 1324215 22237 1346452 KAREN ORTIZ EVP/COO 632516 12797 645313 STEVE COFFEY CIO 355175 12116 367291 CHRIS SAMBORSKI CLO 313223 15651 328874 YVONNE ALANIZ-CARPE CFO 258431 12947 271378 DENNIS HOUSTON CSO 248566 12318 260884 STORMY BARRETT VP BRANCH OF OPS. 196357 9821 206178 FORM 990 - ORGANIZATION'S MISSION FIRST FINANCIAL CREDIT UNION IS A COOPERATIVE, NOT-FOR-PROFIT FINANCIAL INSTITUTION ORGANIZED TO PROMOTE THRIFT AND PROVIDE CREDIT TO MEMBERS; AT ADVANTAGEOUS RATES OVER THOSE GENERALLY AVAILABLE FROM OTHER BANKING SOURCES. FORM 990, PAGE 1, PART I, LINE 6 THE VOLUNTEERS FORM THE SUPERVISORY COMMITTEE WHICH OVERSEES THE ELECTION OF THE BOARD OF DIRECTORS AND ALSO REVIEWS THE AUDITS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERSHIP IS AVAILABLE TO ANYONE WHO QUALIFIES UNDER THE FIELD OF MEMBERSHIP, REQUESTS MEMBERSHIP, AND IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A YES THERE IS A PROCESS FOR THE ELECTION OF MEMBERS. THE MEMBER MUST FIRST MEET CERTAIN REQUIREMENTS SUCH AS LENGTH OF TIME OF MEMBERSHIP, UNDERSTANDING OF HOW A CREDIT UNION WORKS, AND THE SERVICES OFFERED. THEY ARE THEN ELECTED TO NOMINATION BY A NOMINATING COMMITTEE OF 3 PEOPLE AFTER BEING EVALUATED BY THE COMMITTEE. THE MEMBER MUST THEN BE VOTED ONTO THE CREDIT UNIONS BOARD OF DIRECTORS BY OTHER MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B YES, CERTAIN DECISIONS WOULD BE APPROVED BY MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 REVIEWED AT REGULARLY SCHEDULED BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C YES, THE ENFORCEMENT OF A CONFLICTS OF INTEREST POLICY IS ACTIVELY CARRIED OUT BY THE ORGANIZATION. THE POLICY IS PRINTED IN THE EMPLOYEE HANDBOOK AND IS ALSO INTEGRATED INTO THE BOARD OF DIRECTORS POLICIES. FORM 990, PAGE 6, PART VI, LINE 15A YES, COMPENSATION FOR TOP OFFICALS IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD. IN ADDITION, CREDIT UNION USES COMPENSATION COMMITTEE AND COMPENSATION SURVEY. FORM 990, PAGE 6, PART VI, LINE 15B YES, COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY CEO AND VP OF HUMAN RESOURCES. SALARY SURVEYS ARE USED. FORM 990, PAGE 6, PART VI, LINE 19 THE BOOKS ARE AVAILABLE TO THE PUBLIC TO REVIEW UPON REQUEST. THE CALL REPORT IS ALSO OPEN TO THE PUBLIC TO REVIEW AND IS PUBLISHED ON THE NCUA WEBSITE. THE CURRENT MONTHS STATEMENT OF FINANCIAL POSITION IS POSTED IN THE LOBBY OF EACH BRANCH. FORM 990, PART XI, LINE 9 CHANGE IN COMPREHENSIVE INCOME 625,341 C U USER INC C U USERS INC 601 TIJERAS NW ALBUQUERQUE NM 87102 850321660 INS. SALES NM N/A C CORP 284284 433932 1.00000 true false false false false false true false false false false false false false false false false false false false