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National Credit Union Service Organization

COMMUNITY 1ST CREDIT UNION

Sep, 30, 2025 — COMMUNITY 1ST CREDIT UNION is a federally insured state chartered credit union headquartered in DUPONT, WA with 5 branch locations and about $190.96 million in total assets. Opened 92 years ago in 1934, COMMUNITY 1ST CREDIT UNION has about 11,027 members and employs 46 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:COMMUNITY 1ST CREDIT UNION
Address:
(Main Office)
955 Ross Loop
DUPONT, WA 98327
Phone:(253) 722-5212
Fax:(253) 476-4807
Website:https://www.myc1cu.com
Branches:5 branch locations
Members:11,027
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60079
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$190,960,734
CEO/Manager:Daniel M LeFree
Chairperson:Frank Worden

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 67,019,291
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 4,272,822
 Unsecured Loans 2,894,707
 Other Loans 103,325,917
 TOTAL LOANS 110,493,446
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -618,508
 Land And Building 9,209,428
 Other Fixed Assets 1,041,076
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,577,401
 All Other Assets 8,421
  TOTAL ASSETS 190,960,734
LIABILITIES & CAPITAL:  
 Dividends Payable 69
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,816,421
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 31,609,014
 Regular shares 53,977,288
 All Other Shares & Deposits 77,857,377
  TOTAL SHARES & DEPOSITS 163,443,679
  TOTAL LIABILITIES 169,260,169
 Regular Reserve 0
 Other Reserves 1,693,044
 Undivided Earnings 20,007,521
  TOTAL EQUITY 21,700,565
  TOTAL LIABILITIES, SHARES, & EQUITY 190,960,734
INCOME & EXPENSE  
 Loan Income 5,102,639
 Investment Income 1,856,543
 Other Income 276,848
 Total Employee Compensation & Benefits 2,945,275
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 2,738,091
 Non-operating Income & (Expense) 64,060
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 230,323
 Cost of Funds 1,925,143
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 331
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