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Desert Schools Federal Credit Union

Desert Schools Federal Credit Union was chartered in 1939 and its charter number is 3238. Desert Schools Federal Credit Union's address registered with the NCUA is P.O. BOX 2945, PHOENIX, AZ 85062-2945. As of 11/01,Desert Schools FCU reported $2,744,900,485 in assets. The credit union currently has 334,532 members. It's Manager/CEO is Susan C. Frank. The credit unions website is WWW.DESERTSCHOOLS.ORG

Desert Schools Federal Credit Union is a member of the Arizona Credit Union League. Desert Schools Federal Credit Union Locations (4): Desert Schools Federal Credit Union
148 N 48th St, Phoenix, AZ 85034
(602) 433-7000

Desert Schools Federal Credit Union
2601 W Avalon Dr, Phoenix, AZ 85017
(602) 433-5626

Desert Schools Federal Credit Union
3717 N 3rd Ave., Phoenix, AZ 85001
(602) 433-2233

Desert Schools Federal Credit Union
Po Box 2945, Phoenix, AZ 85062
(602) 336-2600

Desert Schools Credit Union Financial Evaluation
2006
Total Assets: $2,885,031,895
Total Loans: $2,157,524,082
Net Worth Ratio: 10.92
% Share Growth: 7.69
% Loan Growth: 16.1
Loans/Assets Ratio: 74.78
Investment/Assets Ratio: 20.1
Number of Members: 339,199
Number of Full-time Employees: 1028

In the year of 2006, Desert Schools Credit Union assets increased by 0.11% and its membership increased by 0.07%. Desert Schools CU's membership increased by a total of 24,427 members. Assets increased by the amount of $312,803,255. The total loan amounts went from $1,858,216,679 in 2005 to $2,157,524,082 in 2006. Their net worth ratio increased to 10.92. Desert Schools CU increased their job opportunities to 1028 by adding 107 employees.

2005
Total Assets: $2,572,228,640
Total Loans: $1,858,216,679
Net Worth Ratio: 10.7
% Share Growth: 16.86
% Loan Growth: 26.06
Loans/Assets Ratio: 72.24
Investment/Assets Ratio: 21.38
Number of Members: 314,772
Number of Full-time Employees: 921

In the year of 2005, Desert Schools Credit Union assets increased by 0.14% and its membership increased by 0.10%. Desert Schools CU's membership increased by a total of 31,112 members. Assets increased by the amount of $360,096,039. The total loan amounts went from $1,473,990,000 in 2004 to $1,858,216,679 in 2005. Their net worth ratio decreased slightly to 10.7. Desert Schools CU increased their job opportunities to 921 by adding 94 employees.

2004
Total Assets: $2,212,133,000
Total Loans: $1,473,990,000
Net Worth Ratio: 10.84
% Share Growth: 11.67
% Loan Growth: 4.76
Loans/Assets Ratio: 66.63
Investment/Assets Ratio: 27.53
Number of Members: 283,660
Number of Full-time Employees: 827

 

December 22, 2014

 
 
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