Credit Unions Near Me
National Credit Union Service Organization

VISION FINANCIAL FEDERAL CREDIT UNION

Jun, 30, 2021 — VISION FINANCIAL FEDERAL CREDIT UNION is a federal credit union headquartered in Durham, NC with 3 branch locations and about $58.61 million in total assets. Opened 61 years ago in 1960, VISION FINANCIAL FEDERAL CREDIT UNION has about 7,809 members and employs 22 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)
PO Box 15818
Durham, NC 27704
Phone:(919) 477-0696
Fax:(919) 471-8211
Website:http://www.vffcu.org
Branches:3 branch locations
Members:7,809
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, 2020
FHLB Member:No
Low Income Designation:No
Assets:$58,606,180
CEO/Manager:Dawn Swaningson
Chairperson:Larry Ray

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 14,495,751
TOTAL INVESTMENTS 23,990,289
Loans Held for Sale 0
 
 Real Estate Loans 5,131,783
 Unsecured Loans 2,953,848
 Other Loans 10,360,769
 TOTAL LOANS 18,446,400
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -444,068
 Land And Building 1,412,095
 Other Fixed Assets 41,206
 NCUSIF Deposit 471,504
 All Other Assets 193,003
  TOTAL ASSETS 58,606,180
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 144,934
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,057,992
 Regular shares 29,160,923
 All Other Shares & Deposits 14,096,013
  TOTAL SHARES & DEPOSITS 52,314,928
  TOTAL LIABILITIES 52,459,862
 Regular Reserve 1,069,330
 Other Reserves 424,327
 Undivided Earnings 4,652,661
  TOTAL EQUITY 6,146,318
  TOTAL LIABILITIES, SHARES, & EQUITY 58,606,180
INCOME & EXPENSE  
 Loan Income 532,957
 Investment Income 161,600
 Other Income 153,014
 Total Employee Compensation & Benefits 535,361
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 364,870
 Non-operating Income & (Expense) -431
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 55,448
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 132,969
↑ Back to Top

Other Credit Unions

MOUNT VERNON BAPTIST CHURCH CREDIT UNION
1007 S ROXBORO ST
DURHAM, NC 27707
SHAW UNIVERSITY FEDERAL CREDIT UNION
118 E SOUTH ST
RALEIGH, NC 27601
WELCOME FEDERAL CREDIT UNION
PO BOX 830
MORRISVILLE, NC 27560
CIVIC FEDERAL CREDIT UNION
3600 WAKE FOREST RD
RALEIGH, NC 27609
ELECTEL COOPERATIVE FEDERAL CREDIT UNION
PO BOX 27306
RALEIGH, NC 27611
DUKE UNIVERSITY FEDERAL CREDIT UNION
2200 West Main Street Suite L100
DURHAM, NC 27705
R T P FEDERAL CREDIT UNION
P O Box 12807
RTP, NC 27709
FIRST FLIGHT FEDERAL CREDIT UNION
1815 KILDAIRE FARM RD, SUITE A
CARY, NC 27518
SELF-HELP FEDERAL CREDIT UNION
301 W Main Street
DURHAM, NC 27701