Jun, 30, 2023 — NORTHWEST ADVENTIST FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 1 branch location and about $40.94 million in total assets. Opened 62 years ago in 1962, NORTHWEST ADVENTIST FEDERAL CREDIT UNION has about 3,393 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NORTHWEST ADVENTIST FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 10333 SE Main St PORTLAND, OR 97216-2940 |
Phone: | (503) 256-3712 |
Fax: | (503) 256-1912 |
Website: | https://www.mynwcu.com |
Branches: | 1 branch locations |
Members: | 3,393 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14786 |
---|---|
Membership Type: | Multiple common bond - Primarily faith based |
Corporate Credit Union: | No |
Year Opened: | 1962 |
Last Audited: | Sep 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $40,942,845 |
CEO/Manager: | Jesica L Ramos |
Chairperson: | Cecily Geschke |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 10,213,612 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 11,829,159 |
Unsecured Loans | 1,132,221 |
Other Loans | 6,948,583 |
TOTAL LOANS | 19,909,963 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -75,601 |
Land And Building | 6,435 |
Other Fixed Assets | 16,642 |
NCUSIF Deposit | 305,514 |
All Other Assets | 0 |
TOTAL ASSETS | 40,942,845 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 551 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 37,921 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 10,158,906 |
Regular shares | 20,767,431 |
All Other Shares & Deposits | 6,438,559 |
TOTAL SHARES & DEPOSITS | 37,364,896 |
TOTAL LIABILITIES | 37,403,368 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 3,539,477 |
TOTAL EQUITY | 3,539,477 |
TOTAL LIABILITIES, SHARES, & EQUITY | 40,942,845 |
INCOME & EXPENSE | |
Loan Income | 544,181 |
Investment Income | 118,084 |
Other Income | 100,165 |
Total Employee Compensation & Benefits | 301,912 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 374,612 |
Non-operating Income & (Expense) | 7,838 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 44,000 |
Cost of Funds | 12,674 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 54,461 |
↑ Back to Top |