Dec, 31, 2023 — CENTRAL WILLAMETTE CREDIT UNION is a federally insured state chartered credit union headquartered in ALBANY, OR with 8 branch locations and about $517.44 million in total assets. Opened 69 years ago in 1955, CENTRAL WILLAMETTE CREDIT UNION has about 35,276 members and employs 131 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CENTRAL WILLAMETTE CREDIT UNION |
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Address: (Main Office) | 7101 Supra Dr SW ALBANY, OR 97321 |
Phone: | (541) 928-4536 |
Fax: | (541) 926-4843 |
Website: | https://www.centralwcu.org |
Branches: | 8 branch locations |
Members: | 35,276 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62665 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1955 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $517,440,724 |
CEO/Manager: | Stacie Wyss-Schoenborn |
Chairperson: | Steve Uerlings |
ASSETS: | $ Amount |
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Cash & Equivalents | 17,092,791 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 116,409,483 |
Unsecured Loans | 24,783,095 |
Other Loans | 247,789,430 |
TOTAL LOANS | 388,982,007 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,950,544 |
Land And Building | 6,086,360 |
Other Fixed Assets | 4,787,630 |
NCUSIF Deposit | 4,237,942 |
All Other Assets | 284,715 |
TOTAL ASSETS | 517,440,724 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 7,076,742 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 24,500,000 |
Share Drafts | 113,488,080 |
Regular shares | 83,421,302 |
All Other Shares & Deposits | 246,620,176 |
TOTAL SHARES & DEPOSITS | 443,529,557 |
TOTAL LIABILITIES | 475,106,299 |
Regular Reserve | 0 |
Other Reserves | -11,042,600 |
Undivided Earnings | 53,377,025 |
TOTAL EQUITY | 42,334,425 |
TOTAL LIABILITIES, SHARES, & EQUITY | 517,440,724 |
INCOME & EXPENSE | |
Loan Income | 20,749,009 |
Investment Income | 1,642,579 |
Other Income | 3,225,126 |
Total Employee Compensation & Benefits | 10,464,867 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 8,989,045 |
Non-operating Income & (Expense) | 1,184,536 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,209,540 |
Cost of Funds | 3,266,720 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 5,025,261 |
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