Sep, 30, 2025 — VISION FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in DURHAM, NC with 3 branch locations and about $59.57 million in total assets. Opened 66 years ago in 1960, VISION FINANCIAL FEDERAL CREDIT UNION has about 6,234 members and employs 20 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | VISION FINANCIAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 214 Pacific Ave DURHAM, NC 27704 |
| Phone: | (919) 477-0696 |
| Fax: | (919) 471-8211 |
| Website: | https://www.vffcu.org |
| Branches: | 3 branch locations |
| Members: | 6,234 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13492 |
|---|---|
| Membership Type: | Multiple common bond - Primarily communications and utilities |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $59,571,065 |
| CEO/Manager: | Dawn Swaningson |
| Chairperson: | Larry Ray |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,063,665 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,501,438 |
| Unsecured Loans | 2,874,921 |
| Other Loans | 12,922,684 |
| TOTAL LOANS | 21,299,043 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -144,019 |
| Land And Building | 1,412,187 |
| Other Fixed Assets | 15,724 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 449,829 |
| All Other Assets | 0 |
| TOTAL ASSETS | 59,571,065 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 418,397 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,864,284 |
| Regular shares | 25,887,758 |
| All Other Shares & Deposits | 14,936,329 |
| TOTAL SHARES & DEPOSITS | 49,688,372 |
| TOTAL LIABILITIES | 50,106,769 |
| Regular Reserve | 0 |
| Other Reserves | 424,326 |
| Undivided Earnings | 9,039,970 |
| TOTAL EQUITY | 9,464,296 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 59,571,065 |
| INCOME & EXPENSE | |
| Loan Income | 945,430 |
| Investment Income | 1,062,490 |
| Other Income | 207,060 |
| Total Employee Compensation & Benefits | 1,046,514 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 666,744 |
| Non-operating Income & (Expense) | -622 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 7,311 |
| Cost of Funds | 308,821 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 495,151 |
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