Dec, 31, 2023 — DEPARTMENT OF PUBLIC SAFETY FEDERAL CREDIT UNION is a federal credit union headquartered in OKLAHOMA CITY, OK with 1 branch location and about $28.01 million in total assets. Opened 71 years ago in 1953, DEPARTMENT OF PUBLIC SAFETY FEDERAL CREDIT UNION has about 2,454 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DEPARTMENT OF PUBLIC SAFETY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3650 N Martin Luther King Ave OKLAHOMA CITY, OK 73111-4223 |
| Phone: | (405) 212-4567 |
| Fax: | (405) 208-7652 |
| Website: | https://www.dpsfcu.org |
| Branches: | 1 branch locations |
| Members: | 2,454 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8890 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Oct 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $28,013,494 |
| CEO/Manager: | Misty D Daniels |
| Chairperson: | Dan P Melton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,613,953 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,227,753 |
| Other Loans | 12,423,516 |
| TOTAL LOANS | 13,651,270 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -86,806 |
| Land And Building | 0 |
| Other Fixed Assets | 249,140 |
| NCUSIF Deposit | 234,781 |
| All Other Assets | 64,550 |
| TOTAL ASSETS | 28,013,494 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 18,462 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 591,067 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,101,233 |
| Regular shares | 16,581,351 |
| All Other Shares & Deposits | 4,322,756 |
| TOTAL SHARES & DEPOSITS | 24,005,341 |
| TOTAL LIABILITIES | 24,614,870 |
| Regular Reserve | 0 |
| Other Reserves | -4,130 |
| Undivided Earnings | 3,402,754 |
| TOTAL EQUITY | 3,398,624 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 28,013,494 |
| INCOME & EXPENSE | |
| Loan Income | 635,829 |
| Investment Income | 286,829 |
| Other Income | 116,359 |
| Total Employee Compensation & Benefits | 414,960 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 416,987 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 63,497 |
| Cost of Funds | 140,423 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 53,729 |
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