Dec, 31, 2023 — NW PRIORITY CREDIT UNION is a federally insured state chartered credit union headquartered in PORTLAND, OR with 5 branch locations and about $258.91 million in total assets. Opened 96 years ago in 1928, NW PRIORITY CREDIT UNION has about 13,257 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | NW PRIORITY CREDIT UNION |
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Address: (Main Office) | 12630 SE Division St PORTLAND, OR 97236-3132 |
Phone: | (503) 760-5304 |
Fax: | (503) 760-4939 |
Website: | https://www.nwprioritycu.org |
Branches: | 5 branch locations |
Members: | 13,257 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 63315 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1928 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $258,910,298 |
CEO/Manager: | Julianne Garren |
Chairperson: | Marie Mullins |
ASSETS: | $ Amount |
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Cash & Equivalents | 18,240,200 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 33,993,385 |
Unsecured Loans | 6,273,636 |
Other Loans | 20,612,967 |
TOTAL LOANS | 60,879,988 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,038,536 |
Land And Building | 1,151,233 |
Other Fixed Assets | 791,946 |
NCUSIF Deposit | 2,245,503 |
All Other Assets | 0 |
TOTAL ASSETS | 258,910,298 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 2,156,856 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 33,422,775 |
Regular shares | 142,721,780 |
All Other Shares & Deposits | 41,505,819 |
TOTAL SHARES & DEPOSITS | 217,650,373 |
TOTAL LIABILITIES | 219,807,229 |
Regular Reserve | 0 |
Other Reserves | 4,845,046 |
Undivided Earnings | 34,258,023 |
TOTAL EQUITY | 39,103,069 |
TOTAL LIABILITIES, SHARES, & EQUITY | 258,910,298 |
INCOME & EXPENSE | |
Loan Income | 3,164,614 |
Investment Income | 2,162,274 |
Other Income | 396,143 |
Total Employee Compensation & Benefits | 3,512,137 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,716,259 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 99 |
Cost of Funds | 692,639 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 520,232 |
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» See also Statement of Financial Condition