Dec, 31, 2023 — COLUMBIA COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in VANCOUVER, WA with 15 branch locations and about $2.34 billion in total assets. Opened 72 years ago in 1952, COLUMBIA COMMUNITY CREDIT UNION has about 114,262 members and employs 309 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COLUMBIA COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 200 NE Park Plaza Dr VANCOUVER, WA 98684 |
| Phone: | (360) 891-4000 |
| Fax: | (360) 619-3201 |
| Website: | https://www.columbiacu.org |
| Branches: | 15 branch locations |
| Members: | 114,262 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68186 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,335,314,318 |
| CEO/Manager: | Lindsey Salvestrin |
| Chairperson: | Joseph Vance |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 165,144,170 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 387,822 |
| Real Estate Loans | 957,576,773 |
| Unsecured Loans | 53,372,994 |
| Other Loans | 882,366,677 |
| TOTAL LOANS | 1,893,372,129 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,797,816 |
| Land And Building | 19,744,163 |
| Other Fixed Assets | 4,843,452 |
| NCUSIF Deposit | 18,960,166 |
| All Other Assets | 1,623,940 |
| TOTAL ASSETS | 2,335,314,318 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 11,070,368 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 642,050,308 |
| Regular shares | 442,834,393 |
| All Other Shares & Deposits | 991,963,303 |
| TOTAL SHARES & DEPOSITS | 2,076,848,005 |
| TOTAL LIABILITIES | 2,088,659,562 |
| Regular Reserve | 0 |
| Other Reserves | -28,022,609 |
| Undivided Earnings | 274,677,365 |
| TOTAL EQUITY | 246,654,756 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,335,314,318 |
| INCOME & EXPENSE | |
| Loan Income | 86,079,987 |
| Investment Income | 13,385,844 |
| Other Income | 4,268,986 |
| Total Employee Compensation & Benefits | 33,442,526 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 28,633,095 |
| Non-operating Income & (Expense) | -29,064 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,680,919 |
| Cost of Funds | 24,210,156 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 25,951,840 |
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