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DILL FEDERAL CREDIT UNION

Mar, 31, 2021 — DILL FEDERAL CREDIT UNION is a federal credit union headquartered in ROXBORO, NC with 1 branch location and about $866,231 in total assets. Opened 50 years ago in 1971, DILL FEDERAL CREDIT UNION has about 160 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DILL FEDERAL CREDIT UNION
Address:
(Main Office)
2564 DURHAM RD
ROXBORO, NC 27573
Phone:(336) 503-6544
Fax:(336) 597-3890
Website:n/a
Branches:1 branch locations
Members:160
Credit Union Type:Federal Credit Union
Charter Number:20575
Membership Type:Manufacturing - Transportation Equipment
Corporate Credit Union:No
Year Opened:1971
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$866,231
CEO/Manager:BETTYE WATTS
Chairperson:JEFF ABEL

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 525,051
TOTAL INVESTMENTS 9,190
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 86,255
 Other Loans 242,940
 TOTAL LOANS 329,195
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -4,727
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 4,807
 All Other Assets 2,715
  TOTAL ASSETS 866,231
LIABILITIES & CAPITAL:  
 Dividends Payable 538
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 118
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 737,727
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 737,727
  TOTAL LIABILITIES 738,383
 Regular Reserve 52,548
 Other Reserves 0
 Undivided Earnings 75,300
  TOTAL EQUITY 127,848
  TOTAL LIABILITIES, SHARES, & EQUITY 866,231
INCOME & EXPENSE  
 Loan Income 7,162
 Investment Income 1,298
 Other Income 0
 Total Employee Compensation & Benefits 28,174
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 11,065
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,150
 Cost of Funds 350
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -41,279
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