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SUNSET SCIENCE PARK FEDERAL CREDIT UNION

Dec, 31, 2020 — SUNSET SCIENCE PARK FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 1 branch location and about $67.45 million in total assets. Opened 61 years ago in 1960, SUNSET SCIENCE PARK FEDERAL CREDIT UNION has about 2,970 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 323075220
Name:SUNSET SCIENCE PARK FEDERAL CREDIT UNION
Address:
(Main Office)
1100 NW MURRAY RD STE 200
PORTLAND, OR 97229-1148
Phone:(503) 643-1335
Fax:(503) 646-9902
Website:http://www.sspfcu.com
Branches:1 branch locations
Members:2,970
Credit Union Type:Federal Credit Union
Charter Number:13416
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, 2019
FHLB Member:No
Low Income Designation:No
Assets:$67,451,123
CEO/Manager:RHONDA R BAGGARLEY
Chairperson:James Wagemann

Call Report

  • Commercial Loans
  • Credit Builder
  • Interest Only or Payment Option 1st Mortgage Loans
  • Micro Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Health Savings Accounts
  • In-School Branches
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,440,971
TOTAL INVESTMENTS 8,925,024
Loans Held for Sale 0
 
 Real Estate Loans 40,445,857
 Unsecured Loans 2,641,887
 Other Loans 6,761,361
 TOTAL LOANS 49,849,105
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -150,000
 Land And Building 548,073
 Other Fixed Assets 73,146
 NCUSIF Deposit 527,412
 All Other Assets 237,392
  TOTAL ASSETS 67,451,123
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 19,579
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,617,205
 Regular shares 24,883,182
 All Other Shares & Deposits 24,107,982
  TOTAL SHARES & DEPOSITS 58,608,369
  TOTAL LIABILITIES 58,627,948
 Regular Reserve 505,936
 Other Reserves 0
 Undivided Earnings 8,317,239
  TOTAL EQUITY 8,823,175
  TOTAL LIABILITIES, SHARES, & EQUITY 67,451,123
INCOME & EXPENSE  
 Loan Income 1,999,897
 Investment Income 139,476
 Other Income 607,016
 Total Employee Compensation & Benefits 761,345
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 603,154
 Non-operating Income & (Expense) -4,871
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -1,566
 Cost of Funds 433,685
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 944,900
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