Dec, 31, 2021 — NEW CASTLE COUNTY DELAWARE EM FEDERAL CREDIT UNION is a federal credit union headquartered in NEW CASTLE, DE with 2 branch locations and about $31.10 million in total assets. Opened 56 years ago in 1966, NEW CASTLE COUNTY DELAWARE EM FEDERAL CREDIT UNION has about 2,435 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NEW CASTLE COUNTY DELAWARE EM FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 Churchmans Rd NEW CASTLE, DE 19720 |
| Phone: | (302) 395-5350 |
| Fax: | (302) 395-5353 |
| Website: | http://www.nccdefcu.com |
| Branches: | 2 branch locations |
| Members: | 2,435 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 17687 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1966 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $31,104,178 |
| CEO/Manager: | Meredith C Jeffries-Snedeker |
| Chairperson: | Francis Lally |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,851,358 |
| TOTAL INVESTMENTS | 23,102,928 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 1,067,981 |
| Unsecured Loans | 836,021 |
| Other Loans | 2,997,710 |
| TOTAL LOANS | 4,901,712 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -70,630 |
| Land And Building | 0 |
| Other Fixed Assets | 2,641 |
| NCUSIF Deposit | 255,934 |
| All Other Assets | 60,235 |
| TOTAL ASSETS | 31,104,178 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 133 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 118,841 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,389,876 |
| Regular shares | 13,578,544 |
| All Other Shares & Deposits | 9,463,245 |
| TOTAL SHARES & DEPOSITS | 28,431,665 |
| TOTAL LIABILITIES | 28,550,639 |
| Regular Reserve | 1,315,540 |
| Other Reserves | 0 |
| Undivided Earnings | 1,237,999 |
| TOTAL EQUITY | 2,553,539 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 31,104,178 |
| INCOME & EXPENSE | |
| Loan Income | 261,499 |
| Investment Income | 184,950 |
| Other Income | 21,504 |
| Total Employee Compensation & Benefits | 231,881 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 270,170 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -22,312 |
| Cost of Funds | 10,273 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 12,759 |
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