Mar, 31, 2022 — DELAWARE ALLIANCE FEDERAL CREDIT UNION is a federal credit union headquartered in NEW CASTLE, DE with 1 branch location and about $26.68 million in total assets. Opened 59 years ago in 1963, DELAWARE ALLIANCE FEDERAL CREDIT UNION has about 3,206 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 |
|---|---|
| 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: | 3,206 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 15790 |
|---|---|
| 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: | $26,676,555 |
| CEO/Manager: | Dawn L Sutcliffe |
| Chairperson: | Merry E Cole |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,909,570 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 817,691 |
| Unsecured Loans | 1,143,359 |
| Other Loans | 2,963,922 |
| TOTAL LOANS | 4,924,972 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -178,760 |
| Land And Building | 239,767 |
| Other Fixed Assets | 38,332 |
| NCUSIF Deposit | 216,660 |
| All Other Assets | 0 |
| TOTAL ASSETS | 26,676,555 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 124,666 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,097,590 |
| Regular shares | 17,382,768 |
| All Other Shares & Deposits | 3,719,603 |
| TOTAL SHARES & DEPOSITS | 23,199,961 |
| TOTAL LIABILITIES | 23,324,627 |
| Regular Reserve | 0 |
| Other Reserves | 317,106 |
| Undivided Earnings | 3,034,822 |
| TOTAL EQUITY | 3,351,928 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 26,676,555 |
| INCOME & EXPENSE | |
| Loan Income | 76,484 |
| Investment Income | 51,904 |
| Other Income | 33,127 |
| Total Employee Compensation & Benefits | 97,517 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 108,593 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 2,409 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -16,007 |
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