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RED CANOE CREDIT UNION

Sep, 30, 2025 — RED CANOE CREDIT UNION is a federally insured state chartered credit union headquartered in LONGVIEW, WA with 12 branch locations and about $1.16 billion in total assets. Opened 89 years ago in 1937, RED CANOE CREDIT UNION has about 59,797 members and employs 240 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:RED CANOE CREDIT UNION
Address:
(Main Office)
1418 15th Ave
LONGVIEW, WA 98632
Phone:(800) 562-5611
Fax:
Website:https://www.redcanoecu.com
Branches:12 branch locations
Members:59,797
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68196
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1937
Last Audited:Dec 01, 2024
FHLB Member:Yes
Low Income Designation:No
Assets:$1,163,216,160
CEO/Manager:Deidra Miner
Chairperson:Kurt Sacha

Call Report

  • Credit Builder
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 67,187,747
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 652,330,785
 Unsecured Loans 47,165,986
 Other Loans 228,587,976
 TOTAL LOANS 928,084,747
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -6,057,918
 Land And Building 31,926,635
 Other Fixed Assets 11,343,499
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 8,972,774
 All Other Assets 1,147,102
  TOTAL ASSETS 1,163,216,160
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 18,928,139
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 213,459,921
 Regular shares 275,782,109
 All Other Shares & Deposits 512,629,923
  TOTAL SHARES & DEPOSITS 1,001,871,952
  TOTAL LIABILITIES 1,020,800,091
 Regular Reserve 0
 Other Reserves 3,323,801
 Undivided Earnings 139,092,268
  TOTAL EQUITY 142,416,069
  TOTAL LIABILITIES, SHARES, & EQUITY 1,163,216,160
INCOME & EXPENSE  
 Loan Income 39,915,113
 Investment Income 3,468,753
 Other Income 5,436,950
 Total Employee Compensation & Benefits 20,553,011
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 11,570,053
 Non-operating Income & (Expense) 108,743
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,934,326
 Cost of Funds 9,098,811
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 8,785,587
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