Sep, 30, 2025 — HORIZON CREDIT UNION is a federally insured state chartered credit union headquartered in SPOKANE VALLEY, WA with 28 branch locations and about $2.04 billion in total assets. Opened 78 years ago in 1948, HORIZON CREDIT UNION has about 108,019 members and employs 372 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | HORIZON CREDIT UNION |
|---|---|
| Address: (Main Office) | 13224 E Mansfield Ave Ste 300 SPOKANE VALLEY, WA 99216 |
| Phone: | (509) 928-6494 |
| Fax: | (509) 928-9475 |
| Website: | https://www.hzcu.org |
| Branches: | 28 branch locations |
| Members: | 108,019 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67264 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,035,747,396 |
| CEO/Manager: | Jeffry W Adams |
| Chairperson: | Steve Sharon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 121,903,560 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 460,501,712 |
| Unsecured Loans | 29,864,439 |
| Other Loans | 1,171,803,561 |
| TOTAL LOANS | 1,662,169,712 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -11,627,556 |
| Land And Building | 40,806,152 |
| Other Fixed Assets | 9,947,724 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 15,636,029 |
| All Other Assets | 1,577,370 |
| TOTAL ASSETS | 2,035,747,396 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 836,516 |
| Notes & Interest Payable | 35,000,000 |
| Accounts Payable & Other Liabilities | 27,825,067 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 339,468,834 |
| Regular shares | 428,207,863 |
| All Other Shares & Deposits | 949,697,452 |
| TOTAL SHARES & DEPOSITS | 1,717,374,149 |
| TOTAL LIABILITIES | 1,781,128,550 |
| Regular Reserve | 0 |
| Other Reserves | 92,018,871 |
| Undivided Earnings | 162,599,975 |
| TOTAL EQUITY | 254,618,846 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,035,747,396 |
| INCOME & EXPENSE | |
| Loan Income | 71,819,167 |
| Investment Income | 5,763,518 |
| Other Income | 4,352,812 |
| Total Employee Compensation & Benefits | 29,714,009 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 19,498,649 |
| Non-operating Income & (Expense) | 387,958 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,430,311 |
| Cost of Funds | 24,676,848 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 9,467,522 |
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