Dec, 31, 2022 — DEXSTA FEDERAL CREDIT UNION is a federal credit union headquartered in WILMINGTON, DE with 6 branch locations and about $401.55 million in total assets. Opened 86 years ago in 1937, DEXSTA FEDERAL CREDIT UNION has about 36,411 members and employs 68 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 WILMINGTON, DE 19803 |
| Phone: | (302) 571-0522 |
| Fax: | (302) 225-0619 |
| Website: | https://www.dexsta.com |
| Branches: | 6 branch locations |
| Members: | 36,411 |
| 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, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $401,551,117 |
| CEO/Manager: | Jerry King |
| Chairperson: | Marie H Davis |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,944,581 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 48,631,263 |
| Unsecured Loans | 33,352,894 |
| Other Loans | 199,646,459 |
| TOTAL LOANS | 281,630,616 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,570,273 |
| Land And Building | 5,217,019 |
| Other Fixed Assets | 1,525,047 |
| NCUSIF Deposit | 3,467,834 |
| All Other Assets | 0 |
| TOTAL ASSETS | 401,551,117 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 34,084 |
| Notes & Interest Payable | 3,265,980 |
| Accounts Payable & Other Liabilities | 4,132,036 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 86,316,072 |
| Regular shares | 182,748,978 |
| All Other Shares & Deposits | 106,333,516 |
| TOTAL SHARES & DEPOSITS | 375,398,566 |
| TOTAL LIABILITIES | 382,830,666 |
| Regular Reserve | 0 |
| Other Reserves | 5,881,511 |
| Undivided Earnings | 12,838,940 |
| TOTAL EQUITY | 18,720,451 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 401,551,117 |
| INCOME & EXPENSE | |
| Loan Income | 8,102,610 |
| Investment Income | 800,343 |
| Other Income | 1,381,873 |
| Total Employee Compensation & Benefits | 3,922,313 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,084,529 |
| Non-operating Income & (Expense) | 71,855 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 641,000 |
| Cost of Funds | 793,770 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,183,169 |
| ↑ Back to Top | |