Sep, 30, 2025 — DCH CREDIT UNION is a federally insured state chartered credit union headquartered in TUSCALOOSA, AL with 2 branch locations and about $40.91 million in total assets. Opened 71 years ago in 1955, DCH CREDIT UNION has about 4,629 members and employs 11 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DCH CREDIT UNION |
|---|---|
| Address: (Main Office) | 1008 Veterans Memorial Pkwy TUSCALOOSA, AL 35404 |
| Phone: | (205) 759-7317 |
| Fax: | (205) 758-5574 |
| Website: | https://www.redoakcu.com |
| Branches: | 2 branch locations |
| Members: | 4,629 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 63940 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $40,905,107 |
| CEO/Manager: | Daphne Newell |
| Chairperson: | Michael G Wilson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,212,314 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,185,752 |
| Unsecured Loans | 3,564,717 |
| Other Loans | 8,754,346 |
| TOTAL LOANS | 20,940,100 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -419,623 |
| Land And Building | 1,674,891 |
| Other Fixed Assets | 194,706 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 312,797 |
| All Other Assets | 97,621 |
| TOTAL ASSETS | 40,905,107 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 7,800,000 |
| Accounts Payable & Other Liabilities | 75,789 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,904,056 |
| Regular shares | 15,867,741 |
| All Other Shares & Deposits | 8,359,268 |
| TOTAL SHARES & DEPOSITS | 31,131,065 |
| TOTAL LIABILITIES | 39,006,854 |
| Regular Reserve | 0 |
| Other Reserves | -899,530 |
| Undivided Earnings | 2,797,783 |
| TOTAL EQUITY | 1,898,253 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 40,905,107 |
| INCOME & EXPENSE | |
| Loan Income | 1,142,149 |
| Investment Income | 344,377 |
| Other Income | 235,735 |
| Total Employee Compensation & Benefits | 485,120 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,076,792 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 408,847 |
| Cost of Funds | 412,371 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -345,002 |
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