Dec, 31, 2021 — DUKE UNIVERSITY FEDERAL CREDIT UNION is a federal credit union headquartered in DURHAM, NC with 0 branch location and about $201.00 million in total assets. Opened 54 years ago in 1968, DUKE UNIVERSITY FEDERAL CREDIT UNION has about 16,035 members and employs 37 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: | http://www.dukefcu.org |
| Branches: | 0 branch locations |
| Members: | 16,035 |
| 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: | $201,000,100 |
| CEO/Manager: | Dan Berry |
| Chairperson: | Denise Motley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 44,214,757 |
| TOTAL INVESTMENTS | 60,564,342 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 58,710,901 |
| Unsecured Loans | 12,669,140 |
| Other Loans | 18,503,678 |
| TOTAL LOANS | 90,169,298 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -672,474 |
| Land And Building | 0 |
| Other Fixed Assets | 151,575 |
| NCUSIF Deposit | 1,684,146 |
| All Other Assets | 4,888,456 |
| TOTAL ASSETS | 201,000,100 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,164,439 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 50,780,170 |
| Regular shares | 101,620,010 |
| All Other Shares & Deposits | 33,196,434 |
| TOTAL SHARES & DEPOSITS | 185,596,614 |
| TOTAL LIABILITIES | 186,761,053 |
| Regular Reserve | 1,491,426 |
| Other Reserves | -456,650 |
| Undivided Earnings | 13,204,271 |
| TOTAL EQUITY | 14,239,047 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 201,000,100 |
| INCOME & EXPENSE | |
| Loan Income | 3,909,003 |
| Investment Income | 596,380 |
| Other Income | 709,731 |
| Total Employee Compensation & Benefits | 2,635,020 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,293,456 |
| Non-operating Income & (Expense) | -12,853 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 21,566 |
| Cost of Funds | 45,167 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 922,544 |
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