Dec, 31, 2023 — DN COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in CANTON, OH with 2 branch locations and about $29.65 million in total assets. Opened 70 years ago in 1954, DN COMMUNITY FEDERAL CREDIT UNION has about 3,165 members and employs 9 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | DN COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 3964 Fulton Dr NW CANTON, OH 44718 |
Phone: | (330) 526-2075 |
Fax: | (330) 305-1906 |
Website: | https://www.dncfcu.com |
Branches: | 2 branch locations |
Members: | 3,165 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24720 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $29,653,746 |
CEO/Manager: | Tina J DeSimone |
Chairperson: | Rick G Lindenberger |
ASSETS: | $ Amount |
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Cash & Equivalents | 2,394,431 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,453,527 |
Unsecured Loans | 2,124,327 |
Other Loans | 12,301,047 |
TOTAL LOANS | 25,878,901 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -385,170 |
Land And Building | 962,200 |
Other Fixed Assets | 87,376 |
NCUSIF Deposit | 286,381 |
All Other Assets | 0 |
TOTAL ASSETS | 29,653,746 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 304,955 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 6,838,718 |
Regular shares | 9,047,385 |
All Other Shares & Deposits | 11,433,112 |
TOTAL SHARES & DEPOSITS | 27,319,216 |
TOTAL LIABILITIES | 27,624,171 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,029,575 |
TOTAL EQUITY | 2,029,575 |
TOTAL LIABILITIES, SHARES, & EQUITY | 29,653,746 |
INCOME & EXPENSE | |
Loan Income | 1,631,976 |
Investment Income | 66,639 |
Other Income | 142,704 |
Total Employee Compensation & Benefits | 581,507 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,072,575 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 157,241 |
Cost of Funds | 362,477 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -153,255 |
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