Sep, 30, 2025 — NEWRIZONS FEDERAL CREDIT UNION is a federal credit union headquartered in HOQUIAM, WA with 1 branch location and about $19.35 million in total assets. Opened 61 years ago in 1965, NEWRIZONS FEDERAL CREDIT UNION has about 1,564 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: | NEWRIZONS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 120 Firman Ave HOQUIAM, WA 98550-2006 |
| Phone: | (360) 533-4760 |
| Fax: | (360) 532-0280 |
| Website: | https://www.newrizonsfcu.com |
| Branches: | 1 branch locations |
| Members: | 1,564 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16893 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1965 |
| Last Audited: | Aug 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $19,345,597 |
| CEO/Manager: | WILLIAM H HALL |
| Chairperson: | Daniel Doyle |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 941,487 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 10,114,084 |
| Unsecured Loans | 3,496,047 |
| Other Loans | 2,800,717 |
| TOTAL LOANS | 16,410,848 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -224,425 |
| Land And Building | 114,329 |
| Other Fixed Assets | 6,450 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 155,312 |
| All Other Assets | 0 |
| TOTAL ASSETS | 19,345,597 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 293 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 349,315 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 100,000 |
| Share Drafts | 2,844,539 |
| Regular shares | 4,100,619 |
| All Other Shares & Deposits | 8,396,480 |
| TOTAL SHARES & DEPOSITS | 15,341,638 |
| TOTAL LIABILITIES | 15,791,246 |
| Regular Reserve | 0 |
| Other Reserves | -2,365 |
| Undivided Earnings | 3,556,716 |
| TOTAL EQUITY | 3,554,351 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 19,345,597 |
| INCOME & EXPENSE | |
| Loan Income | 1,014,034 |
| Investment Income | 101,265 |
| Other Income | 55,965 |
| Total Employee Compensation & Benefits | 533,890 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 353,502 |
| Non-operating Income & (Expense) | -36,938 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 135,384 |
| Cost of Funds | 238,937 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -38,884 |
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