Dec, 31, 2023 — DECATUR MEDICAL DENTAL CREDIT UNION is a federally insured state chartered credit union headquartered in DECATUR, IL with 1 branch location and about $10.02 million in total assets. Opened 87 years ago in 1937, DECATUR MEDICAL DENTAL CREDIT UNION has about 1,395 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DECATUR MEDICAL DENTAL CREDIT UNION |
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Address: (Main Office) | 2721 N MAIN ST DECATUR, IL 62526 |
Phone: | (217) 872-3789 |
Fax: | (217) 872-3784 |
Website: | https://dmdcu.virtualcu.net/ |
Branches: | 1 branch locations |
Members: | 1,395 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 65842 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1937 |
Last Audited: | Mar 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $10,015,861 |
CEO/Manager: | Janice Woolen |
Chairperson: | David Overlot |
ASSETS: | $ Amount |
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Cash & Equivalents | 401,551 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,003,814 |
Other Loans | 2,272,797 |
TOTAL LOANS | 3,276,621 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -13,038 |
Land And Building | 15,000 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 123,277 |
All Other Assets | 0 |
TOTAL ASSETS | 10,015,861 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 34,870 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 8,780,341 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 8,780,341 |
TOTAL LIABILITIES | 8,815,211 |
Regular Reserve | 0 |
Other Reserves | -68,382 |
Undivided Earnings | 1,269,032 |
TOTAL EQUITY | 1,200,650 |
TOTAL LIABILITIES, SHARES, & EQUITY | 10,015,861 |
INCOME & EXPENSE | |
Loan Income | 182,271 |
Investment Income | 298,070 |
Other Income | 24,037 |
Total Employee Compensation & Benefits | 167,805 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 234,264 |
Non-operating Income & (Expense) | -71,688 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 53,468 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -4,509 |
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