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DIVERSIFIED GENERAL FEDERAL CREDIT UNION

Jun, 30, 2021 — DIVERSIFIED GENERAL FEDERAL CREDIT UNION is a federal credit union headquartered in LOGANSPORT, IN with 1 branch location and about $15.32 million in total assets. Opened 55 years ago in 1966, DIVERSIFIED GENERAL FEDERAL CREDIT UNION has about 3,971 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:http://www.yourdgfcu.org
Branches:1 branch locations
Members:3,971
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:$15,315,098
CEO/Manager:TERESA L BAER
Chairperson:BRYAN KISTLER

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,427,990
TOTAL INVESTMENTS 5,024,089
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 732,385
 Other Loans 7,550,913
 TOTAL LOANS 8,283,298
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -34,496
 Land And Building 388,976
 Other Fixed Assets 15,062
 NCUSIF Deposit 122,949
 All Other Assets 87,230
  TOTAL ASSETS 15,315,098
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 54,478
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,433,132
 Regular shares 8,208,760
 All Other Shares & Deposits 3,379,956
  TOTAL SHARES & DEPOSITS 14,021,848
  TOTAL LIABILITIES 14,076,326
 Regular Reserve 58,443
 Other Reserves 0
 Undivided Earnings 1,180,329
  TOTAL EQUITY 1,238,772
  TOTAL LIABILITIES, SHARES, & EQUITY 15,315,098
INCOME & EXPENSE  
 Loan Income 223,440
 Investment Income 21,043
 Other Income 101,444
 Total Employee Compensation & Benefits 148,955
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 228,782
 Non-operating Income & (Expense) 13,619
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 15,330
 Cost of Funds 31,248
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 86,564
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