Sep, 30, 2025 — DIAMOND LAKES FEDERAL CREDIT UNION is a federal credit union headquartered in MALVERN, AR with 3 branch locations and about $76.98 million in total assets. Opened 66 years ago in 1960, DIAMOND LAKES FEDERAL CREDIT UNION has about 9,170 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DIAMOND LAKES FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 7333 Highway 270 MALVERN, AR 72104-2078 |
| Phone: | (501) 332-6530 |
| Fax: | (501) 332-8361 |
| Website: | https://www.diamondlakesfcu.org |
| Branches: | 3 branch locations |
| Members: | 9,170 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13762 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Sep 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $76,984,065 |
| CEO/Manager: | Tammy M Passafiume |
| Chairperson: | Cecilia Ashcraft |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,907,407 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 16,421,696 |
| Unsecured Loans | 3,254,739 |
| Other Loans | 31,977,146 |
| TOTAL LOANS | 54,250,647 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -579,172 |
| Land And Building | 2,257,671 |
| Other Fixed Assets | 81,632 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 599,983 |
| All Other Assets | 26,508 |
| TOTAL ASSETS | 76,984,065 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 13,931 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | -1,101,906 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 14,234,664 |
| Regular shares | 40,268,327 |
| All Other Shares & Deposits | 6,176,553 |
| TOTAL SHARES & DEPOSITS | 60,679,544 |
| TOTAL LIABILITIES | 59,591,569 |
| Regular Reserve | 0 |
| Other Reserves | 1,248,675 |
| Undivided Earnings | 16,143,821 |
| TOTAL EQUITY | 17,392,496 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 76,984,065 |
| INCOME & EXPENSE | |
| Loan Income | 2,836,097 |
| Investment Income | 654,991 |
| Other Income | 985,256 |
| Total Employee Compensation & Benefits | 1,640,085 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,061,093 |
| Non-operating Income & (Expense) | 19,669 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 330,586 |
| Cost of Funds | 84,523 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 577,548 |
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