Report: DuPont Community Credit Union sees growth

DuPont Community Credit Union saw continued growth at the end of the second quarter of 2012 for total lending. The credit union also showed growth in real estate loans for the second quarter.

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.

uva basketball team of destiny
Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is now available at a special pre-sale discounted price of $20. The book is expected to ship by May 15, 2019, and expected to retail for $25.
Pre-order for $20: click here.


The book, with additional reporting by Scott Ratcliffe and Zach Pereles, will take you from the aftermath of the stunning first-round loss to UMBC in 2018, and how coach Tony Bennett and his team used that loss as the source of strength, through to the ACC regular-season championship, the run to the Final Four, and the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.
 
augusta free press

Related Content

Shop Google


Comments

%d bloggers like this: