Dec, 31, 2021 — DEXSTA FEDERAL CREDIT UNION is a federal credit union headquartered in WILMINGTON, DE with 5 branch locations and about $398.44 million in total assets. Opened 85 years ago in 1937, DEXSTA FEDERAL CREDIT UNION has about 35,652 members and employs 79 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: | http://www.dexsta.com |
| Branches: | 5 branch locations |
| Members: | 35,652 |
| 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: | $398,435,584 |
| CEO/Manager: | Jerry King |
| Chairperson: | David S Marianelli |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,886,269 |
| TOTAL INVESTMENTS | 110,235,223 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 41,648,273 |
| Unsecured Loans | 30,167,067 |
| Other Loans | 181,469,998 |
| TOTAL LOANS | 253,285,338 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,654,139 |
| Land And Building | 5,345,655 |
| Other Fixed Assets | 670,534 |
| NCUSIF Deposit | 3,438,735 |
| All Other Assets | 12,227,969 |
| TOTAL ASSETS | 398,435,584 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 38,377 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,001,183 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 84,400,380 |
| Regular shares | 174,662,905 |
| All Other Shares & Deposits | 105,664,044 |
| TOTAL SHARES & DEPOSITS | 364,727,329 |
| TOTAL LIABILITIES | 367,766,889 |
| Regular Reserve | 3,460,845 |
| Other Reserves | 16,552,079 |
| Undivided Earnings | 10,655,771 |
| TOTAL EQUITY | 30,668,695 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 398,435,584 |
| INCOME & EXPENSE | |
| Loan Income | 9,738,532 |
| Investment Income | 1,123,375 |
| Other Income | 1,499,380 |
| Total Employee Compensation & Benefits | 5,163,595 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 6,187,397 |
| Non-operating Income & (Expense) | 94,121 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 306,000 |
| Cost of Funds | 1,258,654 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,636,418 |
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