Credit Unions Near Me
National Credit Union Service Organization

DEMING SCHOOLS EMPLOYEES CREDIT UNION

Dec, 31, 2023 — DEMING SCHOOLS EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in DEMING, NM with 1 branch location and about $5.56 million in total assets. Opened 70 years ago in 1954, DEMING SCHOOLS EMPLOYEES CREDIT UNION has about 824 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DEMING SCHOOLS EMPLOYEES CREDIT UNION
Address:
(Main Office)
501 W Florida St
DEMING, NM 88030
Phone:(575) 546-8310
Fax:(575) 544-8290
Website:https://dsecu.org/
Branches:1 branch locations
Members:824
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:61559
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1954
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$5,564,258
CEO/Manager:Charlotte Speight
Chairperson:Steve Black

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,413,590
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 901,962
 Other Loans 1,974,920
 TOTAL LOANS 2,876,882
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -35,000
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 51,688
 All Other Assets 0
  TOTAL ASSETS 5,564,258
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 8,000
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 4,346,758
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 4,346,758
  TOTAL LIABILITIES 4,354,758
 Regular Reserve 0
 Other Reserves 146,182
 Undivided Earnings 1,063,318
  TOTAL EQUITY 1,209,500
  TOTAL LIABILITIES, SHARES, & EQUITY 5,564,258
INCOME & EXPENSE  
 Loan Income 219,343
 Investment Income 119,237
 Other Income 152
 Total Employee Compensation & Benefits 75,090
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 68,103
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 25,669
 Cost of Funds 96,820
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 73,050
↑ Back to Top

Other Credit Unions

FORT BAYARD FEDERAL CREDIT UNION
11797 HIGHWAY 180 E
SILVER CITY, NM 88022
U-1ST COMMUNITY FEDERAL CREDIT UNION
601 N Canal St
CARLSBAD, NM 88220-5805
MT TAYLOR FEDERAL CREDIT UNION
1003 N 1ST ST
GRANTS, NM 87020-2807
THE FLORIST FEDERAL CREDIT UNION
313 W Country Club Rd Ste 11
ROSWELL, NM 88201-5804
INTERNATIONALITES FEDERAL CREDIT UNION
901 N Canal St
CARLSBAD, NM 88220-5109
LOCO CREDIT UNION
808 Washington Ave
ALAMOGORDO, NM 88310-5166
BELEN RAILWAY EMPLOYEES CREDIT UNION
300 N 6th St
BELEN, NM 87002
EDDY FEDERAL CREDIT UNION
909 W Pierce St
CARLSBAD, NM 88220-5268
FINANCIAL SECURITY CREDIT UNION
1105 W Pierce St
CARLSBAD, NM 88220-4014
WHITE SANDS FEDERAL CREDIT UNION
2755 N Main St
LAS CRUCES, NM 88001-1149