Dec, 31, 2020 — MT. RAINIER FEDERAL CREDIT UNION is a federal credit union headquartered in PUYALLUP, WA with 1 branch location and about $20.74 million in total assets. Opened 54 years ago in 1967, MT. RAINIER FEDERAL CREDIT UNION has about 1,260 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MT. RAINIER FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 303 W MEEKER PUYALLUP, WA 98371 |
Phone: | (253) 841-2668 |
Fax: | (253) 841-3835 |
Website: | http://www.mtrainierfcu.com |
Branches: | 1 branch locations |
Members: | 1,260 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 18068 |
---|---|
Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1967 |
Last Audited: | Jun 01, 2020 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $20,739,520 |
CEO/Manager: | Jacquie R Rutherford |
Chairperson: | Carl Groseclose |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 5,756,254 |
TOTAL INVESTMENTS | 8,853,859 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 642,231 |
Other Loans | 5,293,205 |
TOTAL LOANS | 5,935,436 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -55,888 |
Land And Building | 16,000 |
Other Fixed Assets | 61,252 |
NCUSIF Deposit | 136,668 |
All Other Assets | 35,939 |
TOTAL ASSETS | 20,739,520 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 36,798 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 1,739,288 |
Regular shares | 13,670,625 |
All Other Shares & Deposits | 3,171,048 |
TOTAL SHARES & DEPOSITS | 18,580,961 |
TOTAL LIABILITIES | 18,617,759 |
Regular Reserve | 191,757 |
Other Reserves | 0 |
Undivided Earnings | 1,930,004 |
TOTAL EQUITY | 2,121,761 |
TOTAL LIABILITIES, SHARES, & EQUITY | 20,739,520 |
INCOME & EXPENSE | |
Loan Income | 316,774 |
Investment Income | 191,443 |
Other Income | 75,321 |
Total Employee Compensation & Benefits | 212,542 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 186,479 |
Non-operating Income & (Expense) | 15,169 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 28,185 |
Cost of Funds | 26,185 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 145,316 |
↑ Back to Top |