AMERICAN SPIRIT Credit Union Profile

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AMERICAN SPIRIT

Charter #15426 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (302) 738-4515

Fax: (302) 738-4562

Founding Date: N/A

Website: HTTP://WWW.AMERICANSPIRIT.ORG

Personnel & Operations

President: Phillips, Melvin

Manager: Dawkins, Maurice

FT Employees: 12

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 49

Branches: 3

Hours: M,T,TH 9-4:30, W 10-4:30, F 9-6, S 9-12

Credit Union Profile Summary

AMERICAN SPIRIT is a FCU Credit Union. With a total of 12,111 members [1], this institution manages approximately $70,158,223 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 18.99% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -16.11% [1].

Financial Snapshot

Total Assets [1]
$70,158,223

Total economic resources.

Total Loans [1]
$25,540,175

Total value of outstanding loans.

Total Deposits [1]
$59,568,262

Total funds deposited by members.

Members [1]
12,111

Number of active members.

Performance Ratios

Net Worth Ratio [1]
18.99%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.70%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
42.88%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -7.72%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -16.11%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 0.31%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1110 ELKTON RD

NEWARK, DE, 19711
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 3 branches reported by AMERICAN SPIRIT (Charter #15426).

Main Office

1110 Elkton Rd Main Office

Type: Corporate Office

1110 Elkton Rd

Newark, DE 19711

Phone: (302) 738-4515

Services: Member Services, Drive-Thru

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Additional Branches

Dover

American Spirit - Dover

Type: Branch Office

58 Carver Rd

Dover, DE 19904

Phone: (800) 426-1175

Services: Member Services, Drive-Thru

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Middletown

American Spirit - Middletown

Type: Branch Office

98 Sandhill Dr

Middletown, DE 19709-5853

Phone: (302) 464-4067

Services: Member Services, Drive-Thru

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