Mar, 31, 2021 — DUKE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in Durham, NC with 0 branch location and about $191.92 million in total assets. Opened 53 years ago in 1968, DUKE UNIVERSITY FEDERAL CREDIT UNION has about 16,201 members and employs 36 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 West Main Street Suite L100 Durham, NC 27705 |
| Phone: | (919) 684-6704 |
| Fax: | (919) 681-9438 |
| Website: | http://www.dukefcu.org |
| Branches: | 0 branch locations |
| Members: | 16,201 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 18616 |
|---|---|
| Membership Type: | Educational |
| Corporate Credit Union: | No |
| Year Opened: | 1968 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $191,923,421 |
| CEO/Manager: | Dan Berry |
| Chairperson: | Denise Motley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 72,256,061 |
| TOTAL INVESTMENTS | 34,324,050 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 50,384,041 |
| Unsecured Loans | 11,829,425 |
| Other Loans | 20,852,377 |
| TOTAL LOANS | 83,424,884 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -805,858 |
| Land And Building | 0 |
| Other Fixed Assets | 197,315 |
| NCUSIF Deposit | 1,471,751 |
| All Other Assets | 1,055,218 |
| TOTAL ASSETS | 191,923,421 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 527,951 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 48,535,448 |
| Regular shares | 96,865,432 |
| All Other Shares & Deposits | 32,178,491 |
| TOTAL SHARES & DEPOSITS | 177,579,371 |
| TOTAL LIABILITIES | 178,107,322 |
| Regular Reserve | 1,491,426 |
| Other Reserves | -80,640 |
| Undivided Earnings | 12,405,313 |
| TOTAL EQUITY | 13,816,099 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 191,923,421 |
| INCOME & EXPENSE | |
| Loan Income | 1,001,097 |
| Investment Income | 104,661 |
| Other Income | 165,329 |
| Total Employee Compensation & Benefits | 658,810 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 820,812 |
| Non-operating Income & (Expense) | -9,000 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 16,540 |
| Cost of Funds | 11,183 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 123,586 |
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