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TESORO NORTHWEST FEDERAL CREDIT UNION

Mar, 31, 2021 — 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 64 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:http://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

Call Report

  • Risk Based Loans
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
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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