Dec, 31, 2023 — TRI-CITIES COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in KENNEWICK, WA with 1 branch location and about $74.64 million in total assets. Opened 55 years ago in 1969, TRI-CITIES COMMUNITY FEDERAL CREDIT UNION has about 5,727 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | TRI-CITIES COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 3213 W 19th Ave KENNEWICK, WA 99337 |
Phone: | (509) 735-8331 |
Fax: | (509) 783-6166 |
Website: | https://www.tri-cu.com |
Branches: | 1 branch locations |
Members: | 5,727 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19608 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Jun 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $74,643,621 |
CEO/Manager: | Douglas G Wadsworth |
Chairperson: | Anthony E Edwards |
ASSETS: | $ Amount |
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Cash & Equivalents | 4,930,176 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 35,084,586 |
Unsecured Loans | 551,418 |
Other Loans | 22,570,274 |
TOTAL LOANS | 59,679,534 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -90,192 |
Land And Building | 3,873,041 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 484,571 |
All Other Assets | 0 |
TOTAL ASSETS | 74,643,621 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 4,480,000 |
Accounts Payable & Other Liabilities | 531,797 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 11,595,200 |
Regular shares | 26,236,334 |
All Other Shares & Deposits | 22,820,661 |
TOTAL SHARES & DEPOSITS | 60,652,195 |
TOTAL LIABILITIES | 65,663,992 |
Regular Reserve | 0 |
Other Reserves | 431,664 |
Undivided Earnings | 8,547,965 |
TOTAL EQUITY | 8,979,629 |
TOTAL LIABILITIES, SHARES, & EQUITY | 74,643,621 |
INCOME & EXPENSE | |
Loan Income | 3,032,749 |
Investment Income | 426,778 |
Other Income | 811,860 |
Total Employee Compensation & Benefits | 1,540,440 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,289,763 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 41,450 |
Cost of Funds | 195,083 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,206,092 |
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