Jun, 30, 2024 — DELMARVA POWER SOUTHERN DIVISION FEDERAL CREDIT UNION is a federal credit union headquartered in SALISBURY, MD with 1 branch location and about $18.24 million in total assets. Opened 51 years ago in 1973, DELMARVA POWER SOUTHERN DIVISION FEDERAL CREDIT UNION has about 1,313 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DELMARVA POWER SOUTHERN DIVISION FEDERAL CREDIT UNION |
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Address: (Main Office) | 2530 N Salisbury Blvd SALISBURY, MD 21801 |
Phone: | (410) 860-6290 |
Fax: | (410) 860-6315 |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 1,313 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 21167 |
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Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1973 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $18,239,186 |
CEO/Manager: | Theresa T Trader |
Chairperson: | Ronald A Molock |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,513,263 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 18,630 |
Unsecured Loans | 600,131 |
Other Loans | 3,352,146 |
TOTAL LOANS | 3,970,907 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -46,456 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 140,926 |
All Other Assets | 0 |
TOTAL ASSETS | 18,239,186 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 14,349 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 14,665,983 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 14,665,983 |
TOTAL LIABILITIES | 14,680,332 |
Regular Reserve | 0 |
Other Reserves | 227,987 |
Undivided Earnings | 3,330,867 |
TOTAL EQUITY | 3,558,854 |
TOTAL LIABILITIES, SHARES, & EQUITY | 18,239,186 |
INCOME & EXPENSE | |
Loan Income | 173,623 |
Investment Income | 111,654 |
Other Income | 30 |
Total Employee Compensation & Benefits | 156,650 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 53,494 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 39,905 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 36,984 |
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