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DUNLOP EMPLOYEES FEDERAL CREDIT UNION

Jun, 30, 2021 — DUNLOP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in BUFFALO, NY with 1 branch location and about $15.69 million in total assets. Opened 70 years ago in 1951, DUNLOP EMPLOYEES FEDERAL CREDIT UNION has about 1,763 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DUNLOP EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 1109
BUFFALO, NY 14240
Phone:(716) 873-4112
Fax:(716) 875-4873
Website:n/a
Branches:1 branch locations
Members:1,763
Credit Union Type:Federal Credit Union
Charter Number:7118
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1951
Last Audited:Nov 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$15,693,257
CEO/Manager:Ronna Sidoti
Chairperson:Thomas Calpin

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,320,697
TOTAL INVESTMENTS 7,752,667
Loans Held for Sale 0
 
 Real Estate Loans 2,481,352
 Unsecured Loans 379,777
 Other Loans 3,606,912
 TOTAL LOANS 6,468,041
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -20,178
 Land And Building 17,185
 Other Fixed Assets 12,571
 NCUSIF Deposit 124,044
 All Other Assets 18,230
  TOTAL ASSETS 15,693,257
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 234,822
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 621,127
 Regular shares 12,884,631
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 13,505,758
  TOTAL LIABILITIES 13,740,580
 Regular Reserve 426,280
 Other Reserves 0
 Undivided Earnings 1,526,397
  TOTAL EQUITY 1,952,677
  TOTAL LIABILITIES, SHARES, & EQUITY 15,693,257
INCOME & EXPENSE  
 Loan Income 135,628
 Investment Income 31,414
 Other Income 6,508
 Total Employee Compensation & Benefits 107,331
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 46,847
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 18,561
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 36,397
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