Jun, 30, 2024 — DIVERSIFIED GENERAL FEDERAL CREDIT UNION is a federal credit union headquartered in LOGANSPORT, IN with 1 branch location and about $16.34 million in total assets. Opened 59 years ago in 1966, DIVERSIFIED GENERAL FEDERAL CREDIT UNION has about 3,905 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DIVERSIFIED GENERAL FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 631 E BROADWAY LOGANSPORT, IN 46947 |
| Phone: | (574) 753-3547 |
| Fax: | (574) 753-8501 |
| Website: | https://www.yourdgfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,905 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17411 |
|---|---|
| Membership Type: | Multiple common bond - Primarily primary and fabricated metals |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $16,338,614 |
| CEO/Manager: | TERESA L BAER |
| Chairperson: | Chad Smith |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 381,033 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 772,441 |
| Other Loans | 9,785,142 |
| TOTAL LOANS | 10,557,583 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -39,358 |
| Land And Building | 532,215 |
| Other Fixed Assets | 138,591 |
| NCUSIF Deposit | 136,812 |
| All Other Assets | 0 |
| TOTAL ASSETS | 16,338,614 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,000 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 2,423,960 |
| Regular shares | 8,457,546 |
| All Other Shares & Deposits | 4,053,014 |
| TOTAL SHARES & DEPOSITS | 14,934,520 |
| TOTAL LIABILITIES | 14,945,520 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 1,393,094 |
| TOTAL EQUITY | 1,393,094 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 16,338,614 |
| INCOME & EXPENSE | |
| Loan Income | 369,571 |
| Investment Income | 32,662 |
| Other Income | 175,047 |
| Total Employee Compensation & Benefits | 253,465 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 387,253 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 17,547 |
| Cost of Funds | 54,586 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 77,677 |
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