Report: DuPont Community Credit Union sees growth
The Waynesboro-headquartered credit union, which operates ten branches in the Central Shenandoah Valley region, reported a 2.3% increase in total loans outstanding over the previous quarter. This brings the amount of total loans to $591.5 million as of the end of the second quarter.
Total real estate loans increased 0.9% during the second quarter of 2012 which includes $28.1 million funded during the second quarter.
DCCU also reported that the credit union’s equity or net worth increased by 2.1% to end the second quarter at $74.9 million, signifying its continuing soundness. In addition, the Credit Union maintained the designation as “well-capitalized” by the National Credit Union Administration, the highest designation. NCUA is the federal government regulator of credit unions (ncua.gov).
DCCU is a not-for-profit, full-service financial cooperative organized to serve the ever changing financial needs of all the members who own it. For more information visit our website at mydccu.com.