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SUNSET SCIENCE PARK FEDERAL CREDIT UNION

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.


ABA Routing Number: 323075220
Name:SUNSET SCIENCE PARK FEDERAL CREDIT UNION
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
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

Call Report

  • Credit Builder
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
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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