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DUNLOP EMPLOYEES FEDERAL CREDIT UNION

Dec, 31, 2023 — DUNLOP EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in TONAWANDA, NY with 1 branch location and about $15.07 million in total assets. Opened 73 years ago in 1951, DUNLOP EMPLOYEES FEDERAL CREDIT UNION has about 1,790 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:1,790
Credit Union Type:Federal Credit Union
Charter Number:7118
Membership Type:Manufacturing - All Other
Corporate Credit Union:No
Year Opened:1951
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$15,069,348
CEO/Manager:Ronna Sidoti
Chairperson:Thomas Calpin

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 793,706
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 3,363,451
 Unsecured Loans 505,723
 Other Loans 6,995,932
 TOTAL LOANS 10,865,106
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,820
 Land And Building 8,568
 Other Fixed Assets 276
 NCUSIF Deposit 140,876
 All Other Assets 0
  TOTAL ASSETS 15,069,348
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 242,314
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 594,574
 Regular shares 12,091,118
 All Other Shares & Deposits 126,760
  TOTAL SHARES & DEPOSITS 12,812,453
  TOTAL LIABILITIES 13,054,767
 Regular Reserve 0
 Other Reserves 426,281
 Undivided Earnings 1,588,300
  TOTAL EQUITY 2,014,581
  TOTAL LIABILITIES, SHARES, & EQUITY 15,069,348
INCOME & EXPENSE  
 Loan Income 425,950
 Investment Income 138,276
 Other Income 21,597
 Total Employee Compensation & Benefits 256,384
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 136,914
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 173,138
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 22,528
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