Dec, 31, 2023 — SUNSET SCIENCE PARK FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 1 branch location and about $91.53 million in total assets. Opened 64 years ago in 1960, SUNSET SCIENCE PARK FEDERAL CREDIT UNION has about 3,448 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SUNSET SCIENCE PARK FEDERAL CREDIT UNION |
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Address: (Main Office) | 1100 NW Murray Rd Ste 200 PORTLAND, OR 97229-5561 |
Phone: | (503) 643-1335 |
Fax: | (503) 646-9902 |
Website: | https://www.sspfcu.com |
Branches: | 1 branch locations |
Members: | 3,448 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 13416 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1960 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $91,527,370 |
CEO/Manager: | RHONDA R BAGGARLEY |
Chairperson: | James Wagemann |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,389,812 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 62,678,128 |
Unsecured Loans | 983,759 |
Other Loans | 11,987,199 |
TOTAL LOANS | 75,649,086 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -150,000 |
Land And Building | 529,785 |
Other Fixed Assets | 128,316 |
NCUSIF Deposit | 711,298 |
All Other Assets | 0 |
TOTAL ASSETS | 91,527,370 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 10,534 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 13,549,090 |
Regular shares | 27,598,072 |
All Other Shares & Deposits | 38,568,661 |
TOTAL SHARES & DEPOSITS | 79,715,821 |
TOTAL LIABILITIES | 79,726,355 |
Regular Reserve | 0 |
Other Reserves | 505,936 |
Undivided Earnings | 11,295,079 |
TOTAL EQUITY | 11,801,015 |
TOTAL LIABILITIES, SHARES, & EQUITY | 91,527,370 |
INCOME & EXPENSE | |
Loan Income | 3,198,663 |
Investment Income | 347,453 |
Other Income | 194,533 |
Total Employee Compensation & Benefits | 1,046,144 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 831,254 |
Non-operating Income & (Expense) | -7,873 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 18,395 |
Cost of Funds | 1,354,349 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 716,561 |
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» See also Statement of Financial Condition