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OLYMPIA CREDIT UNION

Mar, 31, 2022 — OLYMPIA CREDIT UNION is a federally insured state chartered credit union headquartered in OLYMPIA, WA with 2 branch locations and about $53.86 million in total assets. Opened 57 years ago in 1965, OLYMPIA CREDIT UNION has about 3,455 members and employs 16 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: 325180980
Name:OLYMPIA CREDIT UNION
Address:
(Main Office)
202 9th Ave SE
OLYMPIA, WA 98501-9315
Phone:(360) 754-5559
Fax:(360) 352-9156
Website:http://www.olycu.org
Branches:2 branch locations
Members:3,455
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68331
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1965
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$53,863,626
CEO/Manager:Tammy Doles-Roberts
Chairperson:Larry Lufkin

Call Report

  • Credit Builder
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,249,423
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 7,237,509
 Unsecured Loans 1,152,354
 Other Loans 24,004,638
 TOTAL LOANS 32,394,501
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -130,909
 Land And Building 287,264
 Other Fixed Assets 232,710
 NCUSIF Deposit 466,110
 All Other Assets 500
  TOTAL ASSETS 53,863,626
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 118,300
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 12,993,470
 Regular shares 27,623,450
 All Other Shares & Deposits 9,062,619
  TOTAL SHARES & DEPOSITS 49,679,539
  TOTAL LIABILITIES 49,797,839
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 4,065,787
  TOTAL EQUITY 4,065,787
  TOTAL LIABILITIES, SHARES, & EQUITY 53,863,626
INCOME & EXPENSE  
 Loan Income 278,199
 Investment Income 17,520
 Other Income 75,861
 Total Employee Compensation & Benefits 266,768
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 198,804
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 12,976
 Cost of Funds 13,094
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 39,417
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