Dec, 31, 2021 — DELAWARE ALLIANCE FEDERAL CREDIT UNION is a federal credit union headquartered in NEW CASTLE, DE with 1 branch location and about $26.31 million in total assets. Opened 59 years ago in 1963, DELAWARE ALLIANCE FEDERAL CREDIT UNION has about 3,220 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DELAWARE ALLIANCE FEDERAL CREDIT UNION |
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Address: (Main Office) | 2320 N Dupont Hwy NEW CASTLE, DE 19720-6327 |
Phone: | (302) 429-0404 |
Fax: | (302) 577-2837 |
Website: | http://www.all4youfcu.org |
Branches: | 1 branch locations |
Members: | 3,220 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 15790 |
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Membership Type: | Multiple common bond - Primarily federal, state, local government |
Corporate Credit Union: | No |
Year Opened: | 1963 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $26,305,103 |
CEO/Manager: | Dawn L Sutcliffe |
Chairperson: | Merry E Cole |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,631,607 |
TOTAL INVESTMENTS | 19,055,056 |
Loans Held for Sale | 0 |
Real Estate Loans | 888,371 |
Unsecured Loans | 1,263,922 |
Other Loans | 3,085,435 |
TOTAL LOANS | 5,237,728 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -186,257 |
Land And Building | 241,255 |
Other Fixed Assets | 40,857 |
NCUSIF Deposit | 216,660 |
All Other Assets | 68,197 |
TOTAL ASSETS | 26,305,103 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 139,684 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,177,600 |
Regular shares | 17,235,588 |
All Other Shares & Deposits | 3,384,296 |
TOTAL SHARES & DEPOSITS | 22,797,484 |
TOTAL LIABILITIES | 22,937,168 |
Regular Reserve | 317,106 |
Other Reserves | 0 |
Undivided Earnings | 3,050,829 |
TOTAL EQUITY | 3,367,935 |
TOTAL LIABILITIES, SHARES, & EQUITY | 26,305,103 |
INCOME & EXPENSE | |
Loan Income | 358,499 |
Investment Income | 222,002 |
Other Income | 134,160 |
Total Employee Compensation & Benefits | 401,844 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 466,037 |
Non-operating Income & (Expense) | 20,296 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 12,727 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 51,311 |
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