Mar, 31, 2021 — DYNAMIC FEDERAL CREDIT UNION is a federal credit union headquartered in CELINA, OH with 1 branch location and about $62.12 million in total assets. Opened 71 years ago in 1950, DYNAMIC FEDERAL CREDIT UNION has about 5,700 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DYNAMIC FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 900 E WAYNE ST CELINA, OH 45822 |
| Phone: | (419) 586-5522 |
| Fax: | (419) 586-5522 |
| Website: | http://dynamicfcu.com |
| Branches: | 1 branch locations |
| Members: | 5,700 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 6747 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $62,117,572 |
| CEO/Manager: | Diane M Rodriguez |
| Chairperson: | Ryan Byers |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,452,127 |
| TOTAL INVESTMENTS | 15,933,208 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,474,969 |
| Unsecured Loans | 2,675,190 |
| Other Loans | 21,409,944 |
| TOTAL LOANS | 34,560,103 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -173,812 |
| Land And Building | 1,417,678 |
| Other Fixed Assets | 317,740 |
| NCUSIF Deposit | 418,228 |
| All Other Assets | 192,300 |
| TOTAL ASSETS | 62,117,572 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 116,561 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 12,713,141 |
| Regular shares | 37,351,298 |
| All Other Shares & Deposits | 2,011,648 |
| TOTAL SHARES & DEPOSITS | 52,076,087 |
| TOTAL LIABILITIES | 52,192,648 |
| Regular Reserve | 171,818 |
| Other Reserves | 0 |
| Undivided Earnings | 9,753,106 |
| TOTAL EQUITY | 9,924,924 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 62,117,572 |
| INCOME & EXPENSE | |
| Loan Income | 435,019 |
| Investment Income | 41,015 |
| Other Income | 121,353 |
| Total Employee Compensation & Benefits | 205,805 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 244,557 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 25,250 |
| Cost of Funds | 16,959 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 279,896 |
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