DOY is not driven by the profit motive. There are no outside shareholders to satisfy. DOY's main purpose is to serve their membership in two primary areas: saving and borrowing. Therefore, DOY has a very strict and conservative lending and investment policy. DOY confines its lending to its own creditworthy members. DOY's lending policies are constructed in a common sense and fair manner providing DOY a strong loan portfolio that has relatively few losses. All of DOY's mortgages are kept at DOY and are not sold on the secondary market. Over twenty years of mortgage lending, DOY has foreclosed on only three loans. DOY's investments are selected where there is virtually no market risk. All investments are short term and all are federally insured. DOY does not invest in stocks or bonds that could expose its assets to any risk. In summary, DOY's only concern is its members. Every policy, either investment or lending, is established to best serve the membership. All earnings are returned to the membership in the form of lower rates on loans, higher returns on savings, and/or better member services. DOY may not have all the "fancy flavored ice creams" other financial institutions advertise (CD's, IRA's, Stock Investments, etc.); but one thing is for certain, DOY has the best "vanilla ice cream."
View Top Employees from DOY Federal Credit UnionWebsite | http://www.doyfcu.com |
Revenue | $4 million |
Employees | 5 (2 on RocketReach) |
Founded | 1971 |
Address | 1500 Gypsy Ln, Youngstown, Ohio 44505, US |
Phone | (330) 744-5680 |
Fax | (330) 744-5835 |
Technologies |
JavaScript,
HTML,
Bootstrap
+3 more
(view full list)
|
Industry | Financial Services, Banking, Finance |
Competitors | CHILDREN'S MEDICAL CENTER FEDERAL CREDIT UNION, Choice One Community Federal Credit Union, DOW JONES EMPLOYEES FEDERAL CREDIT UNION, Escondido Federal Credit Union, Lewiston Porter Senior High School |
SIC | SIC Code 606 Companies, SIC Code 60 Companies |
NAICS | NAICS Code 52 Companies, NAICS Code 52213 Companies, NAICS Code 522 Companies, NAICS Code 522130 Companies, NAICS Code 5221 Companies |
Looking for a particular DOY Federal Credit Union employee's phone or email?
The DOY Federal Credit Union annual revenue was $4 million in 2024.
Dominic Donofrio is the Vice President Board of Directors of DOY Federal Credit Union.
2 people are employed at DOY Federal Credit Union.
DOY Federal Credit Union is based in Youngstown, Ohio.
The NAICS codes for DOY Federal Credit Union are [52, 52213, 522, 522130, 5221].
The SIC codes for DOY Federal Credit Union are [606, 60].