TESORO NORTHWEST FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.tesoronwfcu.com for more information.
Dec, 31, 2023 — TESORO NORTHWEST FEDERAL CREDIT UNION is a federal credit union headquartered in ANACORTES, WA with 1 branch location and about $12.18 million in total assets. Opened 67 years ago in 1957, TESORO NORTHWEST FEDERAL CREDIT UNION has about 1,305 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TESORO NORTHWEST FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | P.O. BOX 248 ANACORTES, WA 98221 |
| Phone: | (360) 293-5451 |
| Fax: | (360) 293-8005 |
| Website: | https://www.tesoronwfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,305 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 11845 |
|---|---|
| Membership Type: | Manufacturing - Petroleum Refining |
| Corporate Credit Union: | No |
| Year Opened: | 1957 |
| Last Audited: | Dec 01, 2019 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $12,179,741 |
| CEO/Manager: | Eugenia L Potter |
| Chairperson: | Brian Olson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,366,158 |
| TOTAL INVESTMENTS | 1,361,017 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 385,445 |
| Other Loans | 5,969,569 |
| TOTAL LOANS | 6,355,014 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -42,462 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 84,080 |
| All Other Assets | 55,934 |
| TOTAL ASSETS | 12,179,741 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,629 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 8,217,149 |
| All Other Shares & Deposits | 818,517 |
| TOTAL SHARES & DEPOSITS | 9,035,666 |
| TOTAL LIABILITIES | 9,046,295 |
| Regular Reserve | 222,534 |
| Other Reserves | 0 |
| Undivided Earnings | 2,910,912 |
| TOTAL EQUITY | 3,133,446 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 12,179,741 |
| INCOME & EXPENSE | |
| Loan Income | 76,946 |
| Investment Income | 5,532 |
| Other Income | 4,249 |
| Total Employee Compensation & Benefits | 45,927 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 50,309 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 3,132 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -12,641 |
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