Sep, 30, 2025 — DESTINATIONS CREDIT UNION is a federally insured state chartered credit union headquartered in BALTIMORE, MD with 2 branch locations and about $64.73 million in total assets. Opened 91 years ago in 1935, DESTINATIONS CREDIT UNION has about 5,776 members and employs 18 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DESTINATIONS CREDIT UNION |
|---|---|
| Address: (Main Office) | 8767 Satyr Hill Rd BALTIMORE, MD 21234 |
| Phone: | (410) 663-2500 |
| Fax: | (410) 663-2150 |
| Website: | https://www.destinationscu.org |
| Branches: | 2 branch locations |
| Members: | 5,776 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66333 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $64,731,652 |
| CEO/Manager: | Brian J Vittek |
| Chairperson: | Elizabeth B Kreider |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,548,533 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,612,548 |
| Unsecured Loans | 3,838,144 |
| Other Loans | 12,796,227 |
| TOTAL LOANS | 28,246,919 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -283,297 |
| Land And Building | 2,124,278 |
| Other Fixed Assets | 33,971 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 540,051 |
| All Other Assets | 0 |
| TOTAL ASSETS | 64,731,652 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 260,592 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 7,078,316 |
| Regular shares | 25,170,886 |
| All Other Shares & Deposits | 23,719,279 |
| TOTAL SHARES & DEPOSITS | 55,968,481 |
| TOTAL LIABILITIES | 56,230,175 |
| Regular Reserve | 0 |
| Other Reserves | 324,334 |
| Undivided Earnings | 8,177,143 |
| TOTAL EQUITY | 8,501,477 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 64,731,652 |
| INCOME & EXPENSE | |
| Loan Income | 1,340,577 |
| Investment Income | 647,102 |
| Other Income | 624,330 |
| Total Employee Compensation & Benefits | 1,060,886 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,052,583 |
| Non-operating Income & (Expense) | -17,788 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 111,678 |
| Cost of Funds | 401,807 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 198,617 |
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