Jun, 30, 2024 — DIAMOND VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in EVANSVILLE, IN with 6 branch locations and about $174.13 million in total assets. Opened 64 years ago in 1961, DIAMOND VALLEY FEDERAL CREDIT UNION has about 22,176 members and employs 46 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 VALLEY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 840 E Diamond Ave EVANSVILLE, IN 47711-3420 |
| Phone: | (812) 425-5152 |
| Fax: | (812) 421-4848 |
| Website: | https://www.diamondvalleyfcu.org |
| Branches: | 6 branch locations |
| Members: | 22,176 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14135 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $174,128,391 |
| CEO/Manager: | Mike Bledsoe |
| Chairperson: | Charles Newton |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,403,252 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 32,190,555 |
| Unsecured Loans | 5,585,729 |
| Other Loans | 47,388,981 |
| TOTAL LOANS | 85,165,265 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -441,944 |
| Land And Building | 3,974,554 |
| Other Fixed Assets | 539,897 |
| NCUSIF Deposit | 1,499,254 |
| All Other Assets | 181,520 |
| TOTAL ASSETS | 174,128,391 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,715 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 244,876 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 40,791,672 |
| Regular shares | 71,462,233 |
| All Other Shares & Deposits | 42,315,430 |
| TOTAL SHARES & DEPOSITS | 154,569,335 |
| TOTAL LIABILITIES | 154,815,926 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 19,312,465 |
| TOTAL EQUITY | 19,312,465 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 174,128,391 |
| INCOME & EXPENSE | |
| Loan Income | 3,367,749 |
| Investment Income | 606,539 |
| Other Income | 1,041,949 |
| Total Employee Compensation & Benefits | 1,831,189 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,913,735 |
| Non-operating Income & (Expense) | -11,110 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 364,259 |
| Cost of Funds | 190,621 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,229,011 |
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