Dec, 31, 2023 — KAIPERM NORTHWEST FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 3 branch locations and about $126.41 million in total assets. Opened 53 years ago in 1971, KAIPERM NORTHWEST FEDERAL CREDIT UNION has about 5,873 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | KAIPERM NORTHWEST FEDERAL CREDIT UNION |
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Address: (Main Office) | 7505 NE AMBASSADOR PL STE A PORTLAND, OR 97220-1377 |
Phone: | (971) 266-4900 |
Fax: | (971) 420-2138 |
Website: | https://www.kaipermnw.org |
Branches: | 3 branch locations |
Members: | 5,873 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 20516 |
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Membership Type: | Multiple common bond - Primarily health care |
Corporate Credit Union: | No |
Year Opened: | 1971 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $126,414,226 |
CEO/Manager: | Edward Waite |
Chairperson: | Bill Borok |
ASSETS: | $ Amount |
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Cash & Equivalents | 9,803,220 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 47,234,516 |
Unsecured Loans | 3,766,049 |
Other Loans | 9,181,344 |
TOTAL LOANS | 60,181,909 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -990,066 |
Land And Building | 0 |
Other Fixed Assets | 45,547 |
NCUSIF Deposit | 995,732 |
All Other Assets | 0 |
TOTAL ASSETS | 126,414,226 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 321,809 |
Notes & Interest Payable | 8,000,000 |
Accounts Payable & Other Liabilities | 1,781,559 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 27,946,113 |
Regular shares | 24,195,275 |
All Other Shares & Deposits | 50,144,867 |
TOTAL SHARES & DEPOSITS | 102,286,255 |
TOTAL LIABILITIES | 112,389,623 |
Regular Reserve | 0 |
Other Reserves | -314,032 |
Undivided Earnings | 14,338,635 |
TOTAL EQUITY | 14,024,603 |
TOTAL LIABILITIES, SHARES, & EQUITY | 126,414,226 |
INCOME & EXPENSE | |
Loan Income | 2,426,819 |
Investment Income | 1,807,903 |
Other Income | 321,811 |
Total Employee Compensation & Benefits | 1,524,924 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,431,792 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 75,582 |
Cost of Funds | 1,390,411 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 867,053 |
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