DAKOTA TELCO FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.dakotatelco.com for more information.
Dec, 31, 2023 — DAKOTA TELCO FEDERAL CREDIT UNION is a federal credit union headquartered in FARGO, ND with 3 branch locations and about $19.96 million in total assets. Opened 88 years ago in 1936, DAKOTA TELCO FEDERAL CREDIT UNION has about 732 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DAKOTA TELCO FEDERAL CREDIT UNION |
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Address: (Main Office) | PO BOX 7387 FARGO, ND 58106 |
Phone: | (701) 298-8207 |
Fax: | (701) 298-8904 |
Website: | https://www.dakotatelco.com |
Branches: | 3 branch locations |
Members: | 732 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 1862 |
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Membership Type: | Service - Communications and Utilities |
Corporate Credit Union: | No |
Year Opened: | 1936 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $19,959,559 |
CEO/Manager: | Mary Hildre |
Chairperson: | Jeraldine Schmidt |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,810,735 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 0 |
Other Loans | 877,252 |
TOTAL LOANS | 877,252 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,912 |
Land And Building | 0 |
Other Fixed Assets | 3,372 |
NCUSIF Deposit | 192,054 |
All Other Assets | 0 |
TOTAL ASSETS | 19,959,559 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 0 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 18,636,193 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 18,636,193 |
TOTAL LIABILITIES | 18,636,193 |
Regular Reserve | 0 |
Other Reserves | -536,254 |
Undivided Earnings | 1,859,620 |
TOTAL EQUITY | 1,323,366 |
TOTAL LIABILITIES, SHARES, & EQUITY | 19,959,559 |
INCOME & EXPENSE | |
Loan Income | 18,643 |
Investment Income | 103,528 |
Other Income | 0 |
Total Employee Compensation & Benefits | 66,340 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 61,804 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,709 |
Cost of Funds | 35,810 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -40,074 |
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