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Financial Report

Access our most recent annual report and monthly statement of financial condition.

Credit unions have been cited by the national media as “financial safe havens” and DNCU is no exception — your deposits are safe and secure with us.

DNCU operates from a position of strength, stability and success

  • Five Star Rating

    We have a solid balance sheet and an excellent capital position which has earned us the highest five-star rating from BauerFinancial Inc., the nation’s most well-known independent rating service for banks and credit unions for 74 consecutive quarters as of June 30, 2022.

  • Healthiest In America

    We are ranked in the 2020 Top 200 Healthiest Credit Unions in America by DepositAccounts.com and graded A as of Q2 2022. The high ranking is based on capitalization, deposit growth, and loan-to-reserve ratios, among other factors.

  • Superior Performance

    We were also recognized by IDC Financial Publishing, the nation’s leading analysts of all government-reporting financial institutions, with their highest rating of “superior.”

    For further information, refer to bauerfinancial.com, depositaccounts.com or idcfp.com.

Del Norte Credit Union Statement Of Financial Condition

For The Period Ending October 31, 2022

Assets

Loans

$753,884,756

Cash

$37,345,507

Investments

$159,901,601

Fixed Assets

$29,257,769

Other Assets

$44,315,498

Total Assets

$1,024,705,131

Liabilities & Equity

Total Liabilities

$10,294,271

Total Shares

$920,904,688

Total Equity

$93,506,171

Total Liabilities and Equity

$1,024,705,131

Year-to-Date Income Statement

Interest Income

$25,947,371

Interest Expense

$(1,187,362)

Net Interest Margin

$24,760,009

Fee and Other Income

$8,616,874

Income Before Operating Expenses

$33,376,883

Operating Expenses

$(26,549,631)

Provision for Loan & Share Losses

-

Net Operating Income

$6,827,252

Non-Operating Expense

$3,071,839

Net Income

$9,899,091

DNCU is proud to present our 2021 Annual Report

Read about our performance in 2021 and our exciting plans for the future.

Read Our Annual Report

Join DNCU today or get more information

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505-455-5228 or
(877) 818-3628 toll-free.

Disclosures

For further information refer to the NCUA Web site http://www.ncua.gov and use charter #64759 to pull additional financial reports for Del Norte Credit Union.