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DENOCOS FEDERAL CREDIT UNION

Dec, 31, 2020 — DENOCOS FEDERAL CREDIT UNION is a federal credit union headquartered in CRESCENT CITY, CA with 1 branch location and about $6.58 million in total assets. Opened 64 years ago in 1957, DENOCOS FEDERAL CREDIT UNION has about 661 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DENOCOS FEDERAL CREDIT UNION
Address:
(Main Office)
1244 GLENN ST
CRESCENT CITY, CA 95531-2113
Phone:(707) 464-5887
Fax:(707) 465-5156
Website:http://www.denocos.bizland.com
Branches:1 branch locations
Members:661
Credit Union Type:Federal Credit Union
Charter Number:12028
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1957
Last Audited:Aug 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$6,577,200
CEO/Manager:Hannah Brunson
Chairperson:Ronald Kunstal

Call Report

  • Check Cashing

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 357,045
TOTAL INVESTMENTS 3,972,956
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 498,343
 Other Loans 1,710,527
 TOTAL LOANS 2,208,870
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -38,973
 Land And Building 562
 Other Fixed Assets 6,960
 NCUSIF Deposit 48,076
 All Other Assets 21,704
  TOTAL ASSETS 6,577,200
LIABILITIES & CAPITAL:  
 Dividends Payable 1,568
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 6,686
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 5,875,135
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 5,875,135
  TOTAL LIABILITIES 5,883,389
 Regular Reserve 316,991
 Other Reserves 0
 Undivided Earnings 376,820
  TOTAL EQUITY 693,811
  TOTAL LIABILITIES, SHARES, & EQUITY 6,577,200
INCOME & EXPENSE  
 Loan Income 138,392
 Investment Income 61,695
 Other Income 1,390
 Total Employee Compensation & Benefits 94,141
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 40,798
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 12,000
 Cost of Funds 18,305
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 36,233
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