Credit Unions | Washington DC Credit Unions

Department of Commerce Federal Credit Union:

Department of Commerce Federal Credit Union was chartered in 1964 and its charter number is 16410. Department of Commerce Federal Credit Union's address registered with the NCUA is P.O. BOX 14720, WASHINGTON, DC 20044. As of 10/24/06, Department of Commerce FCU reported $146,572,271 in assets. The credit union currently has 13,513 members. It's Manager/CEO is Evan Clark. The credit unions website is www.docfcu.org

Department of Commerce Federal Credit Union is a member of the District of Columbia Credit Union League.

Department of Commerce Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $150,744,543
Total Loans: $89,348,402
Net Worth Ratio: 9.89
% Share Growth: 4.13
% Loan Growth: 16.53
Loans/Assets Ratio: 59.27
Investment/Assets Ratio: 38.4
Number of Members: 13,501
Number of Full-time Employees: 36

 In the year of 2006, Department of Commerce Credit Union assets increased by 0.04% and its membership increased by 0.01%. Department of Commerce CU's membership increased by a total of 135 members. Assets increased by the amount of $5,401,661. The total loan amounts went from $76,670,339 in 2005 to $89,348,402 in 2006. Their net worth ratio increased to 9.89. Department of Commerce CU increased their job opportunities to 36 by adding 1 employee.

As of December 31, 2005
Total Assets: $145,342,882
Total Loans: $76,670,339
Net Worth Ratio: 9.44
% Share Growth: 15.22
% Loan Growth: 17.6
Loans/Assets Ratio: 52.75
Investment/Assets Ratio: 44.32
Number of Members: 13,366
Number of Full-time Employees: 35

 In the year of 2005, Department of Commerce Credit Union assets increased by 0.13% and its membership increased by 0.01%. Department of Commerce CU's membership increased by a total of 56 members. Assets increased by the amount of $19,172,589. The total loan amounts went from $65,192,853 in 2004 to $76,670,339 in 2005. Their net worth ratio decreased slightly to 9.44. Department of Commerce CU decreased their job opportunities to 35 by reducing 1 employee.

As of December 31, 2004
Total Assets: $126,170,293
Total Loans: $65,192,853
Net Worth Ratio: 9.87
% Share Growth: 0.2
% Loan Growth: 8.58
Loans/Assets Ratio: 51.67
Investment/Assets Ratio: 45.05
Number of Members: 13,310
Number of Full-time Employees: 36

  
In Washington DC, this credit union competes with Navy Federal Credit Union, Pentagon Federal Credit Union, and other credit unions for your business.

 
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Full Story: http://lsj.com/apps/pbcs.dll/article%3fAID=/20080203/EATONRAPIDS05/802030482

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