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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 67 consecutive quarters as of December 17, 2020.

  • Healthiest In America

    We are ranked in the 2020 Top 200 Healthiest Credit Unions in America by DepositAccounts.com and graded A+ as of Q1 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 February 28, 2021

Assets

Loans

$566,103,925

Cash

$219,028,864

Investments

$27,436,709

Fixed Assets

$23,759,377

Other Assets

$30,875,273

Total Assets

$867,204,147

Liabilities & Equity

Total Liabilities

$8,380,181

Total Shares

$771,810,340

Total Equity

$87,013,626

Total Liabilities and Equity

$867,204,147

Year-to-Date Income Statement

Interest Income

$4,139,652

Interest Expense

$(319,912)

Net Interest Margin

$3,819,740

Fee and Other Income

$1,264,047

Income Before Operating Expenses

$5,083,787

Operating Expenses

$(4,292,081)

Provision for Loan & Share Losses

$(360,608)

Net Operating Income

$431,099

Non-Operating Expense

$ -

Net Income

$431,099

DNCU is proud to present our 2019 Annual Report

Read about our performance in 2019 and our exciting plans for the future.

Read Our Annual Report (PDF)

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.