Dec, 31, 2023 — JEANNE D'ARC CREDIT UNION is a federally insured state chartered credit union headquartered in LOWELL, MA with 11 branch locations and about $2.13 billion in total assets. Opened 113 years ago in 1911, JEANNE D'ARC CREDIT UNION has about 100,102 members and employs 278 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | JEANNE D'ARC CREDIT UNION |
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Address: (Main Office) | 581 Merrimack St LOWELL, MA 01854-3908 |
Phone: | (978) 452-5001 |
Fax: | |
Website: | https://www.jdcu.com |
Branches: | 11 branch locations |
Members: | 100,102 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67352 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1911 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $2,125,506,785 |
CEO/Manager: | Mark Cochran |
Chairperson: | Naomi Prendergast |
ASSETS: | $ Amount |
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Cash & Equivalents | 78,530,274 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 606,749 |
Real Estate Loans | 1,446,703,274 |
Unsecured Loans | 59,928,615 |
Other Loans | 216,144,944 |
TOTAL LOANS | 1,722,776,833 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,095,753 |
Land And Building | 9,633,952 |
Other Fixed Assets | 20,717,809 |
NCUSIF Deposit | 15,288,339 |
All Other Assets | 2,158 |
TOTAL ASSETS | 2,125,506,785 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 258 |
Notes & Interest Payable | 281,519,291 |
Accounts Payable & Other Liabilities | 27,693,555 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 25,000,000 |
Share Drafts | 230,923,475 |
Regular shares | 344,684,992 |
All Other Shares & Deposits | 1,058,320,122 |
TOTAL SHARES & DEPOSITS | 1,633,928,589 |
TOTAL LIABILITIES | 1,968,141,693 |
Regular Reserve | 0 |
Other Reserves | -280,381 |
Undivided Earnings | 157,645,473 |
TOTAL EQUITY | 157,365,092 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,125,506,785 |
INCOME & EXPENSE | |
Loan Income | 66,684,668 |
Investment Income | 7,430,064 |
Other Income | 6,147,770 |
Total Employee Compensation & Benefits | 23,216,499 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 22,184,134 |
Non-operating Income & (Expense) | 2,746 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -125,678 |
Cost of Funds | 33,887,343 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 9,942,632 |
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