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MINT VALLEY FEDERAL CREDIT UNION

Mar, 31, 2021 — MINT VALLEY FEDERAL CREDIT UNION is a federal credit union headquartered in LONGVIEW, WA with 1 branch location and about $23.57 million in total assets. Opened 85 years ago in 1936, MINT VALLEY FEDERAL CREDIT UNION has about 2,016 members and employs 9 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: 323380834
Name:MINT VALLEY FEDERAL CREDIT UNION
Address:
(Main Office)
3325 WASHINGTON WAY
LONGVIEW, WA 98632
Phone:(360) 425-5444
Fax:(360) 501-6662
Website:http://www.mintvalleyfcu.org
Branches:1 branch locations
Members:2,016
Credit Union Type:Federal Credit Union
Charter Number:1827
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1936
Last Audited:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$23,572,238
CEO/Manager:Dori M Harvel
Chairperson:Daniel E Hiatt

Call Report

  • Credit Builder
  • Indirect Consumer Loans
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,664,260
TOTAL INVESTMENTS 2,303,209
Loans Held for Sale 0
 
 Real Estate Loans 714,652
 Unsecured Loans 827,023
 Other Loans 10,871,399
 TOTAL LOANS 12,413,074
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -202,087
 Land And Building 70,231
 Other Fixed Assets 83,793
 NCUSIF Deposit 160,128
 All Other Assets 79,630
  TOTAL ASSETS 23,572,238
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 202,100
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,661,012
 Regular shares 11,175,985
 All Other Shares & Deposits 6,369,706
  TOTAL SHARES & DEPOSITS 20,206,703
  TOTAL LIABILITIES 20,408,803
 Regular Reserve 1,111,751
 Other Reserves -593,402
 Undivided Earnings 2,645,086
  TOTAL EQUITY 3,163,435
  TOTAL LIABILITIES, SHARES, & EQUITY 23,572,238
INCOME & EXPENSE  
 Loan Income 207,017
 Investment Income 16,720
 Other Income 14,092
 Total Employee Compensation & Benefits 116,762
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 110,932
 Non-operating Income & (Expense) -3,857
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 7,386
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 33,616
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