The Dort Federal Credit Union Board of Directors is pleased to share our institution’s 2015 financial status report. In brief, Dort Federal Credit Union realized significant growth resulting in a very strong year overall.
As of December 31, 2015, Dort Federal’s assets totaled $672 million, up $61 million from 2014. Our income also increased by 11.5% year over year. Both outstanding gains, the real pulse of our fiscal strength can be measured by Return on Assets (ROA). Our ROA for 2015 remained consistently strong at 1.53%, up slightly from 2014. 
As our assets grew swiftly throughout the year, our capital ratio reflected the growth in a slight dip of 20 basis points to 17.91% in 2015. As has been our practice for decades, Dort Federal Credit Union proudly maintains a higher capital ratio than required by the National Credit Union Administration (NCUA), our government regulatory agency.
With a rock solid financial foundation, Dort Federal Credit Union is well-positioned for the growth our Board of Directors and credit union management envision for our institution.