Jun, 30, 2024 — NORTHWEST COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in EUGENE, OR with 16 branch locations and about $1.81 billion in total assets. Opened 75 years ago in 1949, NORTHWEST COMMUNITY CREDIT UNION has about 104,946 members and employs 299 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | NORTHWEST COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 545 E 8th Ave EUGENE, OR 97401 |
| Phone: | (541) 744-9581 |
| Fax: | |
| Website: | https://www.nwcu.com |
| Branches: | 16 branch locations |
| Members: | 104,946 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61716 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,811,453,247 |
| CEO/Manager: | John Iglesias |
| Chairperson: | David Rainwater |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 158,351,430 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 661,472,278 |
| Unsecured Loans | 71,153,867 |
| Other Loans | 601,867,819 |
| TOTAL LOANS | 1,334,493,964 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,621,531 |
| Land And Building | 32,996,476 |
| Other Fixed Assets | 7,128,003 |
| NCUSIF Deposit | 14,283,799 |
| All Other Assets | 289,938 |
| TOTAL ASSETS | 1,811,453,247 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 22,112,443 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 269,523,327 |
| Regular shares | 517,521,914 |
| All Other Shares & Deposits | 847,640,999 |
| TOTAL SHARES & DEPOSITS | 1,634,686,240 |
| TOTAL LIABILITIES | 1,656,798,683 |
| Regular Reserve | 0 |
| Other Reserves | -15,525,876 |
| Undivided Earnings | 170,180,440 |
| TOTAL EQUITY | 154,654,564 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,811,453,247 |
| INCOME & EXPENSE | |
| Loan Income | 38,470,751 |
| Investment Income | 3,492,271 |
| Other Income | 5,462,832 |
| Total Employee Compensation & Benefits | 21,102,557 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 16,439,066 |
| Non-operating Income & (Expense) | 1,174,475 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 2,008,397 |
| Cost of Funds | 3,774,789 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 8,453,704 |
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