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UTILITY EMPLOYEES FEDERAL CREDIT UNION

Mar, 31, 2021 — UTILITY EMPLOYEES FEDERAL CREDIT UNION is a federal credit union headquartered in ABERDEEN, WA with 1 branch location and about $3.86 million in total assets. Opened 85 years ago in 1936, UTILITY EMPLOYEES FEDERAL CREDIT UNION has about 414 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:UTILITY EMPLOYEES FEDERAL CREDIT UNION
Address:
(Main Office)
PO BOX 480
ABERDEEN, WA 98520
Phone:(360) 533-4191
Fax:(360) 538-6399
Website:http://uefuconline.com
Branches:1 branch locations
Members:414
Credit Union Type:Federal Credit Union
Charter Number:1851
Membership Type:Service - Communications and Utilities
Corporate Credit Union:No
Year Opened:1936
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$3,857,050
CEO/Manager:Louise Knox
Chairperson:Kathryn Skolrood

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 281,974
TOTAL INVESTMENTS 1,409,099
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 223,528
 Other Loans 1,905,431
 TOTAL LOANS 2,128,959
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,200
 Land And Building 0
 Other Fixed Assets 2,118
 NCUSIF Deposit 31,838
 All Other Assets 9,262
  TOTAL ASSETS 3,857,050
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,308
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,133,268
 All Other Shares & Deposits 175,986
  TOTAL SHARES & DEPOSITS 3,309,254
  TOTAL LIABILITIES 3,314,562
 Regular Reserve 108,121
 Other Reserves 0
 Undivided Earnings 434,367
  TOTAL EQUITY 542,488
  TOTAL LIABILITIES, SHARES, & EQUITY 3,857,050
INCOME & EXPENSE  
 Loan Income 17,878
 Investment Income 2,707
 Other Income 1,092
 Total Employee Compensation & Benefits 10,563
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 5,582
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,139
 Cost of Funds 2,927
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,541
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