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DALLAS U.P. EMPLOYEES CREDIT UNION

Dec, 31, 2023 — DALLAS U.P. EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in DALLAS, TX with 1 branch location and about $24.88 million in total assets. Opened 71 years ago in 1953, DALLAS U.P. EMPLOYEES CREDIT UNION has about 1,409 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:DALLAS U.P. EMPLOYEES CREDIT UNION
Address:
(Main Office)
8150A S Central Expy
DALLAS, TX 75241-7813
Phone:(214) 371-5611
Fax:(214) 372-7493
Website:https://www.dupecu.org
Branches:1 branch locations
Members:1,409
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:67547
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1953
Last Audited:Jun 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$24,883,280
CEO/Manager:Rosalyn V Boldin
Chairperson:Doug W Stokes

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 675,866
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,324,656
 Other Loans 15,886,909
 TOTAL LOANS 17,211,565
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -23,420
 Land And Building 2
 Other Fixed Assets 1,628
 NCUSIF Deposit 213,116
 All Other Assets 0
  TOTAL ASSETS 24,883,280
LIABILITIES & CAPITAL:  
 Dividends Payable 156,933
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 82,482
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 18,916,834
 All Other Shares & Deposits 39,888
  TOTAL SHARES & DEPOSITS 18,956,722
  TOTAL LIABILITIES 19,196,137
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 5,687,143
  TOTAL EQUITY 5,687,143
  TOTAL LIABILITIES, SHARES, & EQUITY 24,883,280
INCOME & EXPENSE  
 Loan Income 1,140,018
 Investment Income 232,094
 Other Income 102,625
 Total Employee Compensation & Benefits 489,964
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 251,020
 Non-operating Income & (Expense) 165,661
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -8,630
 Cost of Funds 571,990
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 383,257
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