Credit Unions Near Me
National Credit Union Service Organization

DERRY AREA FEDERAL CREDIT UNION

Mar, 31, 2021 — DERRY AREA FEDERAL CREDIT UNION is a federal credit union headquartered in DERRY, PA with 2 branch locations and about $12.78 million in total assets. Opened 72 years ago in 1949, DERRY AREA FEDERAL CREDIT UNION has about 2,010 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.


ABA Routing Number: 243380422
Name:DERRY AREA FEDERAL CREDIT UNION
Address:
(Main Office)
P.O. BOX 128
DERRY, PA 15627
Phone:(724) 694-5479
Fax:(724) 694-0570
Website:http://www.dafcu.com
Branches:2 branch locations
Members:2,010
Credit Union Type:Federal Credit Union
Charter Number:6196
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1949
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$12,783,618
CEO/Manager:Donna K Bush
Chairperson:Michael A Shean

Call Report

  • Micro Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 3,467,721
TOTAL INVESTMENTS 3,488,008
Loans Held for Sale 0
 
 Real Estate Loans 1,225,671
 Unsecured Loans 378,054
 Other Loans 3,991,521
 TOTAL LOANS 5,595,246
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -40,342
 Land And Building 102,849
 Other Fixed Assets 6,003
 NCUSIF Deposit 78,609
 All Other Assets 85,524
  TOTAL ASSETS 12,783,618
LIABILITIES & CAPITAL:  
 Dividends Payable 23,702
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,391
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,919,189
 Regular shares 7,920,106
 All Other Shares & Deposits 1,705,115
  TOTAL SHARES & DEPOSITS 11,544,410
  TOTAL LIABILITIES 11,577,503
 Regular Reserve 77,342
 Other Reserves 442,480
 Undivided Earnings 686,293
  TOTAL EQUITY 1,206,115
  TOTAL LIABILITIES, SHARES, & EQUITY 12,783,618
INCOME & EXPENSE  
 Loan Income 64,468
 Investment Income 6,153
 Other Income 6,181
 Total Employee Compensation & Benefits 42,152
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 31,225
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,657
 Cost of Funds 6,695
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 959
↑ Back to Top

Other Credit Unions

PAKCO EMPLOYEES FEDERAL CREDIT UNION
147 ELEANOR DR
LATROBE, PA 15650
GREATER LATROBE SCHOOLS FEDERAL CREDIT UNION
113 R.E. MAIN ST
NEW ALEXANDRIA, PA 15670
HEMPFIELD AREA FEDERAL CREDIT UNION
151 BUS GARAGE RD
GREENSBURG, PA 15601-6433
GREENSBURG TEACHERS CREDIT UNION
270 ARBOR HILL RD
GREENSBURG, PA 15601-5947
MT PLEASANT AREA SCHOOL EMP FEDERAL CREDIT UNION
505 N CHURCH ST
MOUNT PLEASANT, PA 15666-1110
LATROBE FEDERAL CREDIT UNION
1812 LIGONIER STREET
LATROBE, PA 15650
DERTOWN SCHOOL FEDERAL CREDIT UNION
5012 State Route 982 APT 3
LATROBE, PA 15650-3404
LATROBE AREA HOSPITAL FEDERAL CREDIT UNION
121 W 2ND AVE
LATROBE, PA 15650
VASCO FEDERAL CREDIT UNION
432 Depot St
LATROBE, PA 15650
WESTMORELAND WATER FEDERAL CREDIT UNION
1900 FRANKLIN ST.
GREENSBURG, PA 15601