Dec, 31, 2023 — DUKE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in DURHAM, NC with 0 branch location and about $193.96 million in total assets. Opened 56 years ago in 1968, DUKE UNIVERSITY FEDERAL CREDIT UNION has about 15,680 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DUKE UNIVERSITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2200 W Main St Ste L100 DURHAM, NC 27705-4600 |
| Phone: | (919) 684-6704 |
| Fax: | (919) 681-9438 |
| Website: | https://www.dukefcu.org |
| Branches: | 0 branch locations |
| Members: | 15,680 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18616 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $193,964,137 |
| CEO/Manager: | Dan Berry |
| Chairperson: | Denise Motley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 20,925,635 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 66,546,425 |
| Unsecured Loans | 17,032,369 |
| Other Loans | 17,540,956 |
| TOTAL LOANS | 101,422,999 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -883,697 |
| Land And Building | 0 |
| Other Fixed Assets | 2,077,063 |
| NCUSIF Deposit | 1,738,106 |
| All Other Assets | 0 |
| TOTAL ASSETS | 193,964,137 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,953,048 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 50,646,650 |
| Regular shares | 95,720,619 |
| All Other Shares & Deposits | 29,847,862 |
| TOTAL SHARES & DEPOSITS | 176,215,131 |
| TOTAL LIABILITIES | 179,168,179 |
| Regular Reserve | 0 |
| Other Reserves | -3,249,920 |
| Undivided Earnings | 18,045,878 |
| TOTAL EQUITY | 14,795,958 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 193,964,137 |
| INCOME & EXPENSE | |
| Loan Income | 4,916,698 |
| Investment Income | 1,974,820 |
| Other Income | 860,789 |
| Total Employee Compensation & Benefits | 3,019,246 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,455,916 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 495,229 |
| Cost of Funds | 229,877 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,978,922 |
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