Dec, 31, 2023 — TRAILHEAD FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 3 branch locations and about $167.70 million in total assets. Opened 89 years ago in 1935, TRAILHEAD FEDERAL CREDIT UNION has about 8,839 members and employs 36 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRAILHEAD FEDERAL CREDIT UNION |
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Address: (Main Office) | 221 NW 2nd Ave Ste 100 PORTLAND, OR 97209-3959 |
Phone: | (503) 220-2592 |
Fax: | (503) 228-6770 |
Website: | https://www.trailheadcu.org |
Branches: | 3 branch locations |
Members: | 8,839 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 644 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1935 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $167,700,635 |
CEO/Manager: | Jim McCarthy |
Chairperson: | Adam Starling |
ASSETS: | $ Amount |
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Cash & Equivalents | 1,167,884 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 54,199,550 |
Unsecured Loans | 5,301,713 |
Other Loans | 55,204,728 |
TOTAL LOANS | 115,474,038 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -572,600 |
Land And Building | 0 |
Other Fixed Assets | 449,206 |
NCUSIF Deposit | 1,382,630 |
All Other Assets | 0 |
TOTAL ASSETS | 167,700,635 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 26,113,273 |
Accounts Payable & Other Liabilities | 2,859,967 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 50,626,237 |
Regular shares | 45,126,840 |
All Other Shares & Deposits | 32,585,373 |
TOTAL SHARES & DEPOSITS | 128,338,450 |
TOTAL LIABILITIES | 157,311,690 |
Regular Reserve | 0 |
Other Reserves | -3,748,932 |
Undivided Earnings | 14,137,877 |
TOTAL EQUITY | 10,388,945 |
TOTAL LIABILITIES, SHARES, & EQUITY | 167,700,635 |
INCOME & EXPENSE | |
Loan Income | 6,876,333 |
Investment Income | 1,034,122 |
Other Income | 406,909 |
Total Employee Compensation & Benefits | 2,817,424 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,723,267 |
Non-operating Income & (Expense) | 942,316 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 415,000 |
Cost of Funds | 2,061,671 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,242,318 |
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