Dec, 31, 2023 — DIVERSIFIED GENERAL FEDERAL CREDIT UNION is a federal credit union headquartered in LOGANSPORT, IN with 1 branch location and about $17.82 million in total assets. Opened 58 years ago in 1966, DIVERSIFIED GENERAL FEDERAL CREDIT UNION has about 4,151 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DIVERSIFIED GENERAL FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 631 E BROADWAY LOGANSPORT, IN 46947 |
Phone: | (574) 753-3547 |
Fax: | (574) 753-8501 |
Website: | https://www.yourdgfcu.org |
Branches: | 1 branch locations |
Members: | 4,151 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 17411 |
---|---|
Membership Type: | Multiple common bond - Primarily primary and fabricated metals |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $17,823,181 |
CEO/Manager: | TERESA L BAER |
Chairperson: | Philip L Ward |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 855,771 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,038,048 |
Other Loans | 12,006,194 |
TOTAL LOANS | 13,044,242 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -74,631 |
Land And Building | 489,149 |
Other Fixed Assets | 143,507 |
NCUSIF Deposit | 151,356 |
All Other Assets | 0 |
TOTAL ASSETS | 17,823,181 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 8,046 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,418,937 |
Regular shares | 7,675,245 |
All Other Shares & Deposits | 6,364,156 |
TOTAL SHARES & DEPOSITS | 16,458,338 |
TOTAL LIABILITIES | 16,466,384 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 1,356,797 |
TOTAL EQUITY | 1,356,797 |
TOTAL LIABILITIES, SHARES, & EQUITY | 17,823,181 |
INCOME & EXPENSE | |
Loan Income | 691,663 |
Investment Income | 30,150 |
Other Income | 220,298 |
Total Employee Compensation & Benefits | 391,317 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 649,586 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,455 |
Cost of Funds | 229,302 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -9,274 |
↑ Back to Top |