Boise Fire Department Credit Union
Boise Fire Department Credit Union is a not-for-profit, member-owned financial cooperative founded in 1940 that serves current and retired City of Boise Fire Department employees and their immediate family members in Idaho with personal/auto loans, share-secured lending, and share/savings accounts via the AMI MemberNet platform.
- Company typePrivate
- Founded1940
- HeadquartersBoise, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Boise Fire Department Credit Union does
Boise Fire Department Credit Union is a not-for-profit, member-owned financial cooperative founded in 1940 and chartered to serve current and retired City of Boise Fire Department employees and their immediate family members. The institution is headquartered in Boise, Idaho (PO Box 190990, Boise, ID 83719-0990) and operates with a small staff — a Manager (David Muir), a Files Manager (Kendal Smith), and a Loan Officer (Anthony Andrisek). Membership requires a $5 opening deposit plus a driver's license and SSN, with the field of membership legally restricted to the fire services community.
The product set centers on consumer lending and share/savings products: personal loans ($500–$100,000), secured loans, unsecured signature loans, share-secured loans, and auto loans for new and used vehicles, alongside share/savings accounts paying 2.5%–3.5% in dividends semi-annually. Loan interest rates range from 5.25% to 12.75% based on credit score and debt-to-income ratio. The technology stack is light and outsourced: AMI MemberNet provides the Member.Net home banking platform and digital loan application portal, UserWay provides WCAG 2.1 accessibility tooling on the WordPress website, and there is no proprietary mobile application. Deposits are privately insured by American Share Insurance up to $250,000 per account — not federally insured by NCUA.
The business model is a classic closed-field cooperative: revenue derives from net interest income on the member loan portfolio plus loan origination fees, while share deposits fund lending. Go-to-market is community-led — word-of-mouth referrals within the fire department drive membership growth, supplemented by a basic website, social media presence, and payroll deduction arrangements with the employer. Distribution is direct through the single physical office and the Member.Net digital portal. The credit union is governed by an elected Board of Directors and a Supervisory Committee; there is no external parent, no funding history, and no publicly disclosed revenue or asset figures.
Boise Fire Department Credit Union firmographics
Firmographics- Name
- Boise Fire Department Credit Union
- Legal name
- Boise Fire Department Credit Union
- Website
- https://boisefirecu.com
- Company type
- Private
- Founded year
- 1940
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Boise Fire Department Credit Union is a not-for-profit, member-owned financial cooperative founded in 1940 that serves current and retired City of Boise Fire Department employees and their immediate family members in Idaho with personal/auto loans, share-secured lending, and share/savings accounts via the AMI MemberNet platform.
- Ownership category
- akta.pro rank
Boise Fire Department Credit Union industry classification
Industry- Product category
- Community Credit Union Banking
- NAICS
- Credit Unions (522130), Credit Unions (52213)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Employer/Occupational Credit Unions (FSABAEAB)
Keywords
Where Boise Fire Department Credit Union is headquartered
LocationHeadquarters
- HQ city
- Boise
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Boise Fire Department Credit Union business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Loan Interest Income: Primary revenue from interest charged on personal loans, secured loans, unsecured signature loans, and share-secured loans. Interest rates range from 5.25% to 12.75% based on credit score. Loan amounts from $500 to $100,000.
- Share/Dividend Interest: Earns interest income from member share deposits. Share rates between 2.5% and 3.5%. Dividends paid semi-annually (end of June and December).
- Loan Application Fees: Revenue from loan origination and application processing fees on various loan products including personal, vehicle, and share-secured loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Loans - Interest rates 5.25% to 12.75% based on credit score |
| Subscription | Multi-year contract | Share Rates - Between 2.5% and 3.5% |
| Subscription | Multi-year contract | Share rates by period - July to December 2024: 3.0%, January to June 2025: 3.0% |
| One time/ perpetual license | Monthly | Membership fee - $5 to open account |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Boise Fire Department Credit Union product offering
Product offeringCore offering
Boise Fire Department Credit Union is a not-for-profit financial cooperative that provides personal, secured, unsecured signature, share-secured, and auto loans (loan amounts from $500 to $100,000 at interest rates of 5.25%–12.75% based on credit score) and share/savings accounts (dividend rates of 2.5%–3.5% paid semi-annually). All services are restricted to its defined field of membership comprising City of Boise Fire Department employees, retirees, and their immediate family members, with digital access provided through the AMI MemberNet online banking platform.
Product overview
Boise Fire Department Credit Union is a not-for-profit financial cooperative offering a unified suite of member services centered on lending and savings products. The core offerings include personal, secured, unsecured signature, share secured, and auto loans (ranging from $500 to $100,000), alongside share/savings accounts with competitive rates. The Member.Net home banking platform serves as the primary digital channel for account access. Financial calculators and loan application forms round out the service portfolio. All products serve the specific field of membership comprising City of Boise Firefighters, employees, and their families.
Differentiator
Problem solved
Functional benefit
Products and services
- Member.Net Home Banking Online and mobile home banking platform enabling members to access their accounts, manage loans, and conduct financial transactions through AMI MemberNet. For current/retired City of Boise Fire Department employees and their immediate family members.
- Personal Loans Unsecured personal loans for debt consolidation, medical bills, and general financial needs, with loan amounts from $500 to $100,000 and interest rates from 5.25% to 12.75% based on credit score. For eligible credit union members.
- Secured Loans Secured loan products backed by collateral, with terms based on credit score and debt-to-income ratio. For eligible credit union members.
- Unsecured Signature Loans Unsecured loans approved based on creditworthiness without requiring collateral, with rates based on credit score and debt-to-income ratio. For eligible credit union members.
- Share Secured Loans Loans secured by the member's own share/savings account balance, offering lower rates than unsecured loans. For eligible credit union members.
- Auto Loans Vehicle financing for new cars (within 2 years old) and used cars (no age limit, may require condition verification), with a financial calculator for payment estimates. For eligible credit union members.
- Share/Savings Accounts Member savings accounts paying dividend rates between 2.5% and 3.5% semi-annually (end of June and December). Membership eligibility limited to current/retired City of Boise Firefighters, employees, and immediate family members.
Companies that use Boise Fire Department Credit Union
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Boise Fire Department Credit Union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
Boise Fire Department Credit Union partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AMI (American Municipal Information)coreTechnology provider for Member.Net online banking platform and loan application systems. AMI provides the digital infrastructure enabling home banking, loan applications, and member account management.
Scale indicators2 records
Recent moves5 records
Expansion highlights1 record
Boise Fire Department Credit Union competitors and assessment
Company assessmentBroad incumbents
- BECU (Boeing Employees Credit Union): Large, well-known employer-based credit union — illustrates the scale-up trajectory possible from a single-employer charter, though at vastly greater asset size and geographic reach than BFDCU.
Direct peers
- Firefighters First Credit Union: Credit union serving firefighters and first responders — directly comparable occupational/concierge model targeting the same professional community as BFDCU.
- State Farm Federal Credit Union: Single-employer occupational credit union serving State Farm employees, structurally identical to BFDCU in field-of-membership restriction and cooperative lending model.
- Digital Federal Credit Union (DCU): Originally chartered for a single-employer group and now operating as a digital-first community credit union — useful comparable for BFDCU's potential digital-product evolution.
- Police and Fire Federal Credit Union: Federal credit union serving police and fire personnel, with a similar employer-restricted field of membership and member-focused value proposition.
- Alliant Credit Union: Employer/affiliation-based credit union offering digital banking nationally — comparable in employer-anchored membership model and online-only delivery model.
Regional players
- Idaho Central Credit Union: Large Idaho-headquartered credit union serving members across the state — directly competes for share-of-wallet within the same Boise geographic market, though with a community (not employer) charter.
- Potlatch No. 1 Financial Credit Union: Community-charter credit union operating in the Boise/northern Idaho region with comparable retail deposit and loan products targeting overlapping consumer households.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Boise Fire Department Credit Union social profiles
Digital presenceBoise Fire Department Credit Union compliance and trust
Trust signalCompliance1 record
Boise Fire Department Credit Union financial estimates
Financial estimateRevenue estimate
Valuation estimate
Boise Fire Department Credit Union leadership team
Management profileNumber of profiles
Profiles3 records
Boise Fire Department Credit Union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Boise Fire Department Credit Union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Boise Fire Department Credit Union
What does Boise Fire Department Credit Union do?
Boise Fire Department Credit Union is a not-for-profit financial cooperative that provides personal, secured, unsecured signature, share-secured, and auto loans (loan amounts from $500 to $100,000 at interest rates of 5.25%–12.75% based on credit score) and share/savings accounts (dividend rates of 2.5%–3.5% paid semi-annually). All services are restricted to its defined field of membership comprising City of Boise Fire Department employees, retirees, and their immediate family members, with digital access provided through the AMI MemberNet online banking platform.
Is Boise Fire Department Credit Union a public or private company?
Boise Fire Department Credit Union is a private company. It is classified as management employee owned and is currently operating.
When was Boise Fire Department Credit Union founded?
Boise Fire Department Credit Union was founded in 1940. It employs 1 to 10 people.
Where is Boise Fire Department Credit Union based?
Boise Fire Department Credit Union is headquartered in Boise, United States, in the North America region.
How does Boise Fire Department Credit Union make money?
Three revenue lines are on record. Loan Interest Income is the primary driver. The others are share/Dividend Interest and loan Application Fees.
Who are Boise Fire Department Credit Union's main competitors?
BECU (Boeing Employees Credit Union) is listed as a broad incumbent. Direct peers are Firefighters First Credit Union, State Farm Federal Credit Union, Digital Federal Credit Union (DCU), Police and Fire Federal Credit Union and Alliant Credit Union. Regional players are Idaho Central Credit Union and Potlatch No. 1 Financial Credit Union.
Does Boise Fire Department Credit Union have an API?
No public API is recorded for Boise Fire Department Credit Union.
What industry is Boise Fire Department Credit Union in?
Boise Fire Department Credit Union's product category is Community Credit Union Banking. Its primary akta.pro industry code is FSABAEAB, Employer/Occupational Credit Unions. Its NAICS code is 522130 and its SIC code is 8600.