Mar, 31, 2021 — LONGSHOREMEN'S LOCAL 4 FEDERAL CREDIT UNION is a federal credit union headquartered in VANCOUVER, WA with 1 branch location and about $36.93 million in total assets. Opened 65 years ago in 1956, LONGSHOREMEN'S LOCAL 4 FEDERAL CREDIT UNION has about 1,086 members and employs 5 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LONGSHOREMEN'S LOCAL 4 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 61629 VANCOUVER, WA 98666 |
| Phone: | (360) 694-7751 |
| Fax: | (360) 694-6469 |
| Website: | http://www.lshore4cu.com |
| Branches: | 1 branch locations |
| Members: | 1,086 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 10799 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Sep 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $36,928,842 |
| CEO/Manager: | DeLin Drake |
| Chairperson: | Brian Dircksen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,728,292 |
| TOTAL INVESTMENTS | 9,593,883 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 8,877,361 |
| Unsecured Loans | 958,765 |
| Other Loans | 5,198,696 |
| TOTAL LOANS | 15,034,822 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -50,000 |
| Land And Building | 289,185 |
| Other Fixed Assets | 7,619 |
| NCUSIF Deposit | 220,310 |
| All Other Assets | 104,731 |
| TOTAL ASSETS | 36,928,842 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,750 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 60,242 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,102,992 |
| Regular shares | 12,833,508 |
| All Other Shares & Deposits | 13,821,361 |
| TOTAL SHARES & DEPOSITS | 30,757,861 |
| TOTAL LIABILITIES | 30,820,853 |
| Regular Reserve | 459,931 |
| Other Reserves | 0 |
| Undivided Earnings | 5,648,058 |
| TOTAL EQUITY | 6,107,989 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 36,928,842 |
| INCOME & EXPENSE | |
| Loan Income | 158,093 |
| Investment Income | 58,208 |
| Other Income | 16,662 |
| Total Employee Compensation & Benefits | 126,807 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 90,342 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -324 |
| Cost of Funds | 10,060 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 21,838 |
| ↑ Back to Top | |