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PUGET SOUND COOPERATIVE CREDIT UNION

Mar, 31, 2022 — PUGET SOUND COOPERATIVE CREDIT UNION is a federally insured state chartered credit union headquartered in BELLEVUE, WA with 4 branch locations and about $187.27 million in total assets. Opened 86 years ago in 1936, PUGET SOUND COOPERATIVE CREDIT UNION has about 16,656 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 325183259
Name:PUGET SOUND COOPERATIVE CREDIT UNION
Address:
(Main Office)
11201 SE 8th St
BELLEVUE, WA 98004-6420
Phone:(425) 283-5151
Fax:(425) 283-5152
Website:http://www.psccu.org
Branches:4 branch locations
Members:16,656
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68204
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1936
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$187,273,165
CEO/Manager:Shannon M Ellis-Brock
Chairperson:John Staczek

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 6,972,532
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 14,404,155
 Unsecured Loans 2,670,849
 Other Loans 128,138,262
 TOTAL LOANS 145,213,266
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -24,739
 Land And Building 2,035,820
 Other Fixed Assets 434,285
 NCUSIF Deposit 1,486,025
 All Other Assets 0
  TOTAL ASSETS 187,273,165
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 9,182,826
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 31,171,311
 Regular shares 97,290,970
 All Other Shares & Deposits 32,175,881
  TOTAL SHARES & DEPOSITS 160,638,162
  TOTAL LIABILITIES 169,820,988
 Regular Reserve 0
 Other Reserves 731,319
 Undivided Earnings 16,720,858
  TOTAL EQUITY 17,452,177
  TOTAL LIABILITIES, SHARES, & EQUITY 187,273,165
INCOME & EXPENSE  
 Loan Income 1,497,870
 Investment Income 28,266
 Other Income 329,565
 Total Employee Compensation & Benefits 790,653
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 719,711
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -54,100
 Cost of Funds 146,849
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 341,741
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