Dec, 31, 2023 — EMERALD EMPIRE FEDERAL CREDIT UNION is a federal credit union headquartered in SPRINGFIELD, OR with 1 branch location and about $28.80 million in total assets. Opened 70 years ago in 1954, EMERALD EMPIRE FEDERAL CREDIT UNION has about 2,585 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EMERALD EMPIRE FEDERAL CREDIT UNION |
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Address: (Main Office) | 850 Beltline Rd SPRINGFIELD, OR 97477 |
Phone: | (541) 988-9059 |
Fax: | (541) 988-9169 |
Website: | https://www.youreecu.org |
Branches: | 1 branch locations |
Members: | 2,585 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9877 |
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Membership Type: | Multiple common bond - Primarily communications and utilities |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Nov 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $28,796,772 |
CEO/Manager: | Carolyn J Stahly |
Chairperson: | Lloyd Paseman |
ASSETS: | $ Amount |
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Cash & Equivalents | 6,549,801 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 9,779,970 |
Unsecured Loans | 1,328,472 |
Other Loans | 7,573,286 |
TOTAL LOANS | 18,681,728 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -573,297 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 228,547 |
All Other Assets | 0 |
TOTAL ASSETS | 28,796,772 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 23,510 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 147,783 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 4,779,977 |
Regular shares | 9,331,411 |
All Other Shares & Deposits | 9,158,631 |
TOTAL SHARES & DEPOSITS | 23,270,019 |
TOTAL LIABILITIES | 23,441,312 |
Regular Reserve | 0 |
Other Reserves | 897,436 |
Undivided Earnings | 4,458,024 |
TOTAL EQUITY | 5,355,460 |
TOTAL LIABILITIES, SHARES, & EQUITY | 28,796,772 |
INCOME & EXPENSE | |
Loan Income | 1,104,393 |
Investment Income | 213,302 |
Other Income | 114,805 |
Total Employee Compensation & Benefits | 424,978 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 642,983 |
Non-operating Income & (Expense) | 10,624 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -50,000 |
Cost of Funds | 79,767 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 354,678 |
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