Jun, 30, 2021 — DEXSTA FEDERAL CREDIT UNION is a federal credit union headquartered in WILMINGTON, DE with 6 branch locations and about $395.30 million in total assets. Opened 84 years ago in 1937, DEXSTA FEDERAL CREDIT UNION has about 35,755 members and employs 76 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DEXSTA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 300 FOULK RD, SUITE 100 WILMINGTON, DE 19803 |
| Phone: | (302) 571-0522 |
| Fax: | (302) 225-0619 |
| Website: | http://www.dexsta.com |
| Branches: | 6 branch locations |
| Members: | 35,755 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 2187 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $395,304,054 |
| CEO/Manager: | Jerry King |
| Chairperson: | David S Marianelli |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 17,285,490 |
| TOTAL INVESTMENTS | 123,792,516 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 38,351,784 |
| Unsecured Loans | 27,667,515 |
| Other Loans | 168,383,431 |
| TOTAL LOANS | 234,402,730 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,885,034 |
| Land And Building | 5,395,460 |
| Other Fixed Assets | 630,062 |
| NCUSIF Deposit | 3,276,712 |
| All Other Assets | 12,406,118 |
| TOTAL ASSETS | 395,304,054 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 42,070 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,400,250 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 82,259,362 |
| Regular shares | 173,910,371 |
| All Other Shares & Deposits | 105,184,501 |
| TOTAL SHARES & DEPOSITS | 361,354,234 |
| TOTAL LIABILITIES | 364,796,554 |
| Regular Reserve | 3,460,845 |
| Other Reserves | 17,967,722 |
| Undivided Earnings | 9,078,933 |
| TOTAL EQUITY | 30,507,500 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 395,304,054 |
| INCOME & EXPENSE | |
| Loan Income | 4,691,880 |
| Investment Income | 582,439 |
| Other Income | 672,673 |
| Total Employee Compensation & Benefits | 2,466,124 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 3,173,372 |
| Non-operating Income & (Expense) | 46,828 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 130,000 |
| Cost of Funds | 689,019 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,059,581 |
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