Sep, 30, 2025 — BLUE MOUNTAIN CREDIT UNION is a federally insured state chartered credit union headquartered in COLLEGE PLACE, WA with 1 branch location and about $55.62 million in total assets. Opened 67 years ago in 1959, BLUE MOUNTAIN CREDIT UNION has about 4,504 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | BLUE MOUNTAIN CREDIT UNION |
|---|---|
| Address: (Main Office) | 520 S College Ave COLLEGE PLACE, WA 99324 |
| Phone: | (509) 526-4562 |
| Fax: | (509) 526-4565 |
| Website: | https://www.bmcu.com |
| Branches: | 1 branch locations |
| Members: | 4,504 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68280 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Aug 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $55,624,606 |
| CEO/Manager: | Jim Drake |
| Chairperson: | Susan Brookins |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,109,039 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 22,534,468 |
| Unsecured Loans | 955,127 |
| Other Loans | 16,092,525 |
| TOTAL LOANS | 39,582,120 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -548,486 |
| Land And Building | 1,457,661 |
| Other Fixed Assets | 187,181 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 456,432 |
| All Other Assets | 412,332 |
| TOTAL ASSETS | 55,624,606 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 95,422 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 10,253,739 |
| Regular shares | 10,137,920 |
| All Other Shares & Deposits | 27,859,293 |
| TOTAL SHARES & DEPOSITS | 48,250,952 |
| TOTAL LIABILITIES | 48,346,374 |
| Regular Reserve | 0 |
| Other Reserves | -8,207 |
| Undivided Earnings | 7,286,439 |
| TOTAL EQUITY | 7,278,232 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 55,624,606 |
| INCOME & EXPENSE | |
| Loan Income | 1,986,728 |
| Investment Income | 324,142 |
| Other Income | 146,754 |
| Total Employee Compensation & Benefits | 689,745 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 635,187 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 256,104 |
| Cost of Funds | 602,203 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 274,414 |
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