Diamond Lakes Federal Credit Union

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A short history of Diamond Lakes FCU

Since its inception in 1960 the Diamond Lakes Federal Credit Union has been serving its members in the MALVERN, Arkansas area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Tammy Passafiume, the Diamond Lakes FCU has grown its membership to over 10,955 with assets of more than $69,500,963. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (501) 332-6530 or email them at info@diamondlakesfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MALVERN, AR.

General Information For Diamond Lakes FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 13762
Address 7333 HIGHWAY 270 
City MALVERN 
State Arkansas 
Zip-Code 72104
Phone Number (501) 332-6530
Fax Number (501) 332-8361
Email Address: info@diamondlakesfcu.org
CEO/President Tammy Passafiume
Members 10,955 
Full-Time Employees 26 
Part-Time Employees
Number of Branch Offices
Total Assets 69,500,963 
Website http://www.diamondlakesfcu.org 

Compare Diamond Lakes Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Combined CU CREDIT UNION 203 NASH ST 71913 (501) 623-7004 No 12.59
Garland County Educators CU Garland County Educators Federal Credit Union 190 Aviation Plz Ste E 71913 (501) 623-9230 No 13.77
Henderson State University CU Downtown Clinton 711 Clinton St Bldg 1 71923 (870) 246-1453 No 17.35
Patterson CU Main Office 124 WP Malone Dr 71923 (870) 246-8005 No 17.82
Arkansas Health Center CU ARKANSAS HEALTH CENTER FCU 6701 HIGHWAY 67 Bldg 67 72015 (501) 860-0594 No 19.07

Diamond Lakes Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Diamond Lakes Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.31 3.45 5.73 5.36 5.88
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 109 202 413 310 329
Rank Among All Arkansas Credit Unions 7 17 26 12 8

Diamond Lakes Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.12 N/A 0.59 0.49
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 124 N/A 244 229
Rank Among All Arkansas Credit Unions N/A 17 N/A 18 12
Diamond Lakes Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.3109611,089,976
All Other Unsecured Loans/Lines of Credit 10.8401,7302,206,198
Short-Term, Small Amount Loans (STS) (Federal CU Only) 25.00052,511
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.45063715,031,091
Used Vehicle Loans 5.7301,55619,253,650
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.3601535,347,457
Total Other Real Estate Loans/Lines of Credit 5.880341,007,949
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.2206885,233,185
TOTAL LOANS & LEASES 5,76449,172,017

Diamond Lakes Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 1515,155,47410444,418
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 2191,98300
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 341,007,9492116,500
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1876,355,40612560,918

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Diamond Lakes Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes