Jun, 30, 2024 — DAYMET CREDIT UNION is a non-federally insured state credit union headquartered in DAYTON, OH with 2 branch locations and about $115.21 million in total assets. Opened 67 years ago in 1957, DAYMET CREDIT UNION has about 7,610 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DAYMET CREDIT UNION |
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Address: (Main Office) | 4988 Wagner Ford Rd DAYTON, OH 45414-4420 |
Phone: | (937) 236-2562 |
Fax: | (937) 236-2786 |
Website: | https://www.daymetcu.com |
Branches: | 2 branch locations |
Members: | 7,610 |
Credit Union Type: | Non-Federally Insured State Credit Union |
Charter Number: | 97105 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $115,209,293 |
CEO/Manager: | Steven D Shore |
Chairperson: | Donald P Kiley |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,134,954 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 39,970,359 |
Unsecured Loans | 7,711,470 |
Other Loans | 44,859,063 |
TOTAL LOANS | 92,540,892 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -823,962 |
Land And Building | 1,149,928 |
Other Fixed Assets | 69,897 |
NCUSIF Deposit | 0 |
All Other Assets | 0 |
TOTAL ASSETS | 115,209,293 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 3,008,630 |
Accounts Payable & Other Liabilities | 639,960 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 17,954,483 |
Regular shares | 31,320,701 |
All Other Shares & Deposits | 53,989,334 |
TOTAL SHARES & DEPOSITS | 103,264,518 |
TOTAL LIABILITIES | 106,913,108 |
Regular Reserve | 0 |
Other Reserves | 1,369,888 |
Undivided Earnings | 6,926,297 |
TOTAL EQUITY | 8,296,185 |
TOTAL LIABILITIES, SHARES, & EQUITY | 115,209,293 |
INCOME & EXPENSE | |
Loan Income | 2,889,499 |
Investment Income | 125,259 |
Other Income | 471,114 |
Total Employee Compensation & Benefits | 1,575,174 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,545,071 |
Non-operating Income & (Expense) | 476,322 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 71,602 |
Cost of Funds | 362,137 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 408,210 |
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