Credit Unions Near Me
National Credit Union Service Organization

COMMUNITY 1ST CREDIT UNION

Mar, 31, 2021 — COMMUNITY 1ST CREDIT UNION is a federally insured state chartered credit union headquartered in DUPONT, WA with 5 branch locations and about $189.85 million in total assets. Opened 87 years ago in 1934, COMMUNITY 1ST CREDIT UNION has about 14,857 members and employs 49 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)
PO BOX 870
DUPONT, WA 98327
Phone:(253) 722-5212
Fax:(253) 476-4807
Website:https://www.myc1cu.com
Branches:5 branch locations
Members:14,857
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:Sep 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$189,854,390
CEO/Manager:William W Paulen
Chairperson:Frank Worden

Call Report

  • Commercial Loans
  • Debt Cancellation/Suspension
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Participation Loans
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 49,591,559
TOTAL INVESTMENTS 361,707
Loans Held for Sale 0
 
 Real Estate Loans 6,115,674
 Unsecured Loans 3,819,085
 Other Loans 114,768,937
 TOTAL LOANS 124,703,696
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -753,111
 Land And Building 9,325,465
 Other Fixed Assets 640,031
 NCUSIF Deposit 1,253,612
 All Other Assets 4,731,431
  TOTAL ASSETS 189,854,390
LIABILITIES & CAPITAL:  
 Dividends Payable 4,788
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 5,506,090
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 34,995,542
 Regular shares 69,389,509
 All Other Shares & Deposits 60,576,638
  TOTAL SHARES & DEPOSITS 164,961,689
  TOTAL LIABILITIES 170,472,567
 Regular Reserve 4,204,273
 Other Reserves 1,693,044
 Undivided Earnings 13,484,506
  TOTAL EQUITY 19,381,823
  TOTAL LIABILITIES, SHARES, & EQUITY 189,854,390
INCOME & EXPENSE  
 Loan Income 1,655,644
 Investment Income 10,126
 Other Income 267,804
 Total Employee Compensation & Benefits 978,806
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 818,838
 Non-operating Income & (Expense) 34,146
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 30,000
 Cost of Funds 186,805
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 262,885
↑ Back to Top

Other Credit Unions

TACOMA NARROWS FEDERAL CREDIT UNION
5319 N 51ST ST
RUSTON, WA 98407
IBEW 76 FEDERAL CREDIT UNION
3049 S 36TH ST, STE 103
TACOMA, WA 98409
AMERICAN LAKE CREDIT UNION
PO box 98979
LAKEWOOD, WA 98496
WCLA CREDIT UNION
PO BOX 207
OLYMPIA, WA 98507
OLYMPIA CREDIT UNION
PO BOX 7549
OLYMPIA, WA 98507-7549
EVERGREENDIRECT CREDIT UNION
6001 CAPITOL BLVD SW
TUMWATER, WA 98501-5290
O BEE CREDIT UNION
PO Box 5000
LACEY, WA 98509-5000
TACOMA LONGSHOREMEN CREDIT UNION
3602 E Alexander Ave
TACOMA, WA 98424-1110
AMERICA'S CREDIT UNION
P.O. Box 5060
DUPONT, WA 98327-5060
HARBORSTONE CREDIT UNION
PO BOX 4207
TACOMA, WA 98438