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Del Norte Credit Union branches are closed May 30th, 2022 in observance of Memorial Day. Tuesday, May 31st, 2022 our DeVargas branch at North Guadalupe will have drive-thru hours only.

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About > Financial Report

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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 72 consecutive quarters as of December 31, 2021.

  • Healthiest In America

    We are ranked in the 2020 Top 200 Healthiest Credit Unions in America by DepositAccounts.com and graded A+ as of Q4 2020. 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 April 30, 2022

Assets

Loans

$663,057,817

Cash

$95,966,892

Investments

$163,482,216

Fixed Assets

$29,191,782

Other Assets

$31,668,103

Total Assets

$983,366,810

Liabilities & Equity

Total Liabilities

$10,101,962

Total Shares

$881,506,821

Total Equity

$91,758,028

Total Liabilities and Equity

$983,336,810

Year-to-Date Income Statement

Interest Income

$9,499,623

Interest Expense

$(431,279)

Net Interest Margin

$9,068,344

Fee and Other Income

$3,409,223

Income Before Operating Expenses

$12,477,567

Operating Expenses

$(9,849,314)

Provision for Loan & Share Losses

-

Net Operating Income

$2,628,253

Non-Operating Expense

$2,190,604

Net Income

$4,818,857

DNCU is proud to present our 2020 Annual Report

Read about our performance in 2020 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.