Dor Wic Federal Credit Union:

Dor Wic Federal Credit Union was chartered in 1954 and its charter number is 9585. Dor Wic Federal Credit Union's address registered with the NCUA is PO BOX 3392, SALISBURY, MD 21802. As of 10/31/06, Dor Wic FCU reported $5,130,449 in assets. The credit union currently has 1,320 members. It's Manager/CEO is Wendy L. Bailey. The credit unions website is www.dorwicfcu.org

Dor Wic Federal Credit Union is a member of the Maryland Credit Union League.


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Dor Wic Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $4,804,484.00
Total Loans: $4,131,709.00
Net Worth Ratio: 17.96
% Share Growth: 14.85
% Loan Growth: 2.69
Loans/Assets Ratio: 85.99
Loans/Assets Ratio: 13.18
Numbers of Members: 1,243
Number of Full-time Employees: 2
 
As of December 31, 2005
Total Assets: $5,187,985.00
Total Loans: $4,066,488.00
Net Worth Ratio: 18.16
% Share Growth: 7.8
% Loan Growth: -1.57
Loans/Assets Ratio: 78.38
Loans/Assets Ratio: 21.06
Numbers of Members: 1,301
Number of Full-time Employees: 2
 
As of December 31, 2006
Total Assets: $5,185,855.00
Total Loans: $3,702,814.00
Net Worth Ratio: 19.87
% Share Growth: -2.09
% Loan Growth: -8.94
Loans/Assets Ratio: 71.4
Loans/Assets Ratio: 27.48
Numbers of Members: 1,315
Number of Full-time Employees: 1.5
 
 

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

 
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Credit Union News:

Trial targets alleged theft, cover-up at credit union
The Republican - Feb 8, 2008
SPRINGFIELD - The former top officer of an urban credit union siphoned $178,000 from members' accounts to cover negative balances in her and her husband's accounts, according to testimony in a federal embezzlement trial.

Full Story: http://www.masslive.com/news/republican/index.ssf?/base/news-2/1202462108136670.xml&coll=1

(AFX UK Focus) 2008-02-06 04:11 GMT: US Central Federal Credit Union cut to 'AA+', on negative watch - S&P
Interactive Investor - Feb 5, 2008
MUMBAI (Thomson Financial) - Standard & Poor's Rating Services downgraded the US Central Federal Credit Union (USC), and signalled a further possible downgrade, citing mounting concerns regarding USC's exposure to losses from its large portfolio of higher-risk subprime and Alt-A mortgage-backed securities (MBS).

Full Story: http://www.iii.co.uk/news/%3ftype=afxnews%26articleid=6532828%26subject=companies%26action=article

Cops look for gunman who robbed credit union
Northwest Indiana Times - Feb 2, 2008
WINFIELD | The FBI and Lake County police are looking for a man who robbed Members Advantage Credit Union at gunpoint. FBI spokeswoman Wendy Osborne said agents and police are investigating whether the suspect is one of two men who robbed the same financial institution last month.

Full Story: http://www.thetimesonline.com/articles/2008/02/03/news/lake_county/docce2aed86522fce16862573e4000d12ab.txt


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