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DOMINION ENERGY CREDIT UNION

Jun, 30, 2024 — DOMINION ENERGY CREDIT UNION is a federally insured state chartered credit union headquartered in NORTH CHESTERFIELD, VA with 3 branch locations and about $384.33 million in total assets. Opened 84 years ago in 1940, DOMINION ENERGY CREDIT UNION has about 21,212 members and employs 33 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: 251082644
Name:DOMINION ENERGY CREDIT UNION
Address:
(Main Office)
1100 Boulders Pkwy Ste 601
NORTH CHESTERFIELD, VA 23225
Phone:(804) 521-2525
Fax:(804) 521-2525
Website:https://www.dominionenergycu.org
Branches:3 branch locations
Members:21,212
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:66973
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1940
Last Audited:Dec 01, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$384,332,720
CEO/Manager:Michael C Swalley
Chairperson:Edward H Baine

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,910,917
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 84,678,716
 Unsecured Loans 19,770,744
 Other Loans 98,617,720
 TOTAL LOANS 203,067,180
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -514,477
 Land And Building 0
 Other Fixed Assets 889,700
 NCUSIF Deposit 3,349,186
 All Other Assets 0
  TOTAL ASSETS 384,332,720
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 5,500,000
 Accounts Payable & Other Liabilities 1,608,100
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 37,709,580
 Regular shares 110,251,715
 All Other Shares & Deposits 195,858,156
  TOTAL SHARES & DEPOSITS 343,819,451
  TOTAL LIABILITIES 350,927,551
 Regular Reserve 0
 Other Reserves -9,393,688
 Undivided Earnings 42,798,857
  TOTAL EQUITY 33,405,169
  TOTAL LIABILITIES, SHARES, & EQUITY 384,332,720
INCOME & EXPENSE  
 Loan Income 5,548,950
 Investment Income 1,785,558
 Other Income 682,561
 Total Employee Compensation & Benefits 2,523,617
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,178,151
 Non-operating Income & (Expense) 167,201
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 99,999
 Cost of Funds 1,304,243
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,270,526
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