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DUNLOP EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2022 — DUNLOP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in TONAWANDA, NY with 1 branch location and about $16.46 million in total assets. Opened 71 years ago in 1951, DUNLOP EMPLOYEES FEDERAL CREDIT UNION has about 1,732 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)
10 Sheridan Dr
TONAWANDA, NY 14150
Phone:(716) 873-4112
Fax:(716) 875-4873
Website:n/a
Branches:1 branch locations
Members:1,732
Credit Union Type:Federal Credit Union
Charter Number:7118
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1951
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$16,462,545
CEO/Manager:Ronna Sidoti
Chairperson:Thomas Calpin

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 872,822
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,192,538
 Unsecured Loans 413,204
 Other Loans 4,089,169
 TOTAL LOANS 7,694,911
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -25,033
 Land And Building 14,790
 Other Fixed Assets 8,868
 NCUSIF Deposit 124,044
 All Other Assets 0
  TOTAL ASSETS 16,462,545
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 235,909
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 642,904
 Regular shares 13,395,994
 All Other Shares & Deposits 201,962
  TOTAL SHARES & DEPOSITS 14,240,860
  TOTAL LIABILITIES 14,476,769
 Regular Reserve 0
 Other Reserves 426,281
 Undivided Earnings 1,559,495
  TOTAL EQUITY 1,985,776
  TOTAL LIABILITIES, SHARES, & EQUITY 16,462,545
INCOME & EXPENSE  
 Loan Income 69,601
 Investment Income 11,890
 Other Income 31,475
 Total Employee Compensation & Benefits 54,219
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 27,956
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 19,539
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 11,252
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