DNCU President and CEO Chuck Valenti
DNCU News:
SANTA FE – Chuck Valenti, President and CEO of Del Norte Credit Union (DNCU), announced today that the cooperative has reached $1 billion in total assets as of June 30, 2022.
DNCU attributes its impressive growth to focusing on member service and its ongoing commitment to its core mission of improving lives in New Mexico.
“In order to improve service to our membership, DNCU committed itself to a series of process improvements and increased efficiency efforts that has led to greater confidence in the organization among members and the wider New Mexico community,” Valenti said. “Following the Baldrige Criteria for Performance Excellence, we quantify our advances in leadership, organizational excellence and overall results as we perform our role as New Mexico’s ideal partner for a better future.”
In addition to reaching the ten-figure milestone for overall assets, DNCU’s loan portfolio now exceeds $700 million with deposits reaching nearly $910 million. The number of DNCU brick-and-mortar locations and employees also has witnessed impressive growth with two additional full-service branches added in the Rio Rancho and Española areas in 2021 and 2022, respectively, bringing the total number of DNCU branches to eight.
DNCU’s 214 employees are the key to the success of the financial organization’s appeal in the Land of Enchantment, Valenti said adding that, “Every day, our committed employees strive to provide five star service to all of our members. We could not have achieved this milestone without their daily commitment to improvement and growth at DNCU.”
DNCU has been awarded a 5-star Superior Rating for 73 consecutive quarters as of March 31, 2022 by Bauer Financial, the nation’s leading independent bank rating and research firm. The New Mexico financial mainstay also enjoys an “A” Health Rating from Deposit Accounts, a leading bank account comparison site.
About Del Norte Credit Union
Chartered in 1954, Del Norte Credit Union is a not-for-profit credit union based in New Mexico with a mission of improving lives. DNCU offers a wide variety of products and services designed to make members achieve financial success. Today DNCU serves more than 57,000 members throughout New Mexico and the United States.
