Dec, 31, 2020 — LONGSHOREMEN'S LOCAL 4 FEDERAL CREDIT UNION is a federal credit union headquartered in VANCOUVER, WA with 1 branch location and about $34.51 million in total assets. Opened 65 years ago in 1956, LONGSHOREMEN'S LOCAL 4 FEDERAL CREDIT UNION has about 1,096 members and employs 6 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 |
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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: | 1,096 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 10799 |
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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: | $34,508,100 |
CEO/Manager: | DeLin Drake |
Chairperson: | Brian Dircksen |
ASSETS: | $ Amount |
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Cash & Equivalents | 8,486,522 |
TOTAL INVESTMENTS | 10,832,883 |
Loans Held for Sale | 0 |
Real Estate Loans | 8,523,057 |
Unsecured Loans | 948,939 |
Other Loans | 5,161,387 |
TOTAL LOANS | 14,633,383 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -50,000 |
Land And Building | 289,185 |
Other Fixed Assets | 5,219 |
NCUSIF Deposit | 220,310 |
All Other Assets | 90,598 |
TOTAL ASSETS | 34,508,100 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 4 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 67,221 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,590,508 |
Regular shares | 11,720,853 |
All Other Shares & Deposits | 13,043,662 |
TOTAL SHARES & DEPOSITS | 28,355,023 |
TOTAL LIABILITIES | 28,422,248 |
Regular Reserve | 459,931 |
Other Reserves | 0 |
Undivided Earnings | 5,625,921 |
TOTAL EQUITY | 6,085,852 |
TOTAL LIABILITIES, SHARES, & EQUITY | 34,508,100 |
INCOME & EXPENSE | |
Loan Income | 659,562 |
Investment Income | 308,200 |
Other Income | 176,160 |
Total Employee Compensation & Benefits | 493,923 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 306,547 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -1,511 |
Cost of Funds | 58,158 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 286,805 |
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