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National Credit Union Service Organization

STATE HIGHWAY CREDIT UNION

Dec, 31, 2023 — STATE HIGHWAY CREDIT UNION is a federally insured state chartered credit union headquartered in YAKIMA, WA with 1 branch location and about $33.93 million in total assets. Opened 86 years ago in 1938, STATE HIGHWAY CREDIT UNION has about 1,554 members and employs 7 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:STATE HIGHWAY CREDIT UNION
Address:
(Main Office)
PO BOX 10304
YAKIMA, WA 98909
Phone:(509) 248-5522
Fax:(509) 452-1211
Website:https://sthwycu.com
Branches:1 branch locations
Members:1,554
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68198
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1938
Last Audited:Aug 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$33,929,891
CEO/Manager:Karen Woodall
Chairperson:W Brian White

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 4,659,557
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 9,496,153
 Unsecured Loans 461,590
 Other Loans 8,821,039
 TOTAL LOANS 18,778,782
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -5,176
 Land And Building 72,372
 Other Fixed Assets 5,000
 NCUSIF Deposit 276,337
 All Other Assets 0
  TOTAL ASSETS 33,929,891
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 37,284
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 2,509,013
 Regular shares 18,830,453
 All Other Shares & Deposits 6,900,571
  TOTAL SHARES & DEPOSITS 28,240,037
  TOTAL LIABILITIES 28,277,321
 Regular Reserve 0
 Other Reserves 740,463
 Undivided Earnings 4,912,107
  TOTAL EQUITY 5,652,570
  TOTAL LIABILITIES, SHARES, & EQUITY 33,929,891
INCOME & EXPENSE  
 Loan Income 501,123
 Investment Income 103,694
 Other Income 12,721
 Total Employee Compensation & Benefits 324,686
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 251,015
 Non-operating Income & (Expense) 1,388
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -9,464
 Cost of Funds 44,685
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 55,815
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