Mar, 31, 2022 — CREDIT UNION WEST is a federally insured state chartered credit union headquartered in GLENDALE, AZ with 14 branch locations and about $1.11 billion in total assets. Opened 71 years ago in 1951, CREDIT UNION WEST has about 82,930 members and employs 191 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CREDIT UNION WEST |
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Address: (Main Office) | 10150 W Desert River Blvd GLENDALE, AZ 85305 |
Phone: | (602) 631-3200 |
Fax: | |
Website: | http://www.cuwest.org |
Branches: | 14 branch locations |
Members: | 82,930 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68421 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1951 |
Last Audited: | Dec 01, 2021 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $1,106,939,666 |
CEO/Manager: | Karen Roch |
Chairperson: | Luis E Gendreau |
ASSETS: | $ Amount |
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Cash & Equivalents | 135,809,751 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 200,000 |
Real Estate Loans | 209,436,829 |
Unsecured Loans | 80,302,222 |
Other Loans | 508,798,197 |
TOTAL LOANS | 798,537,248 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,491,519 |
Land And Building | 27,325,623 |
Other Fixed Assets | 3,932,518 |
NCUSIF Deposit | 8,372,837 |
All Other Assets | 141,957 |
TOTAL ASSETS | 1,106,939,666 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 26,008,013 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 274,629,462 |
Regular shares | 344,192,805 |
All Other Shares & Deposits | 366,659,864 |
TOTAL SHARES & DEPOSITS | 985,482,131 |
TOTAL LIABILITIES | 1,011,490,144 |
Regular Reserve | 0 |
Other Reserves | -2,533,123 |
Undivided Earnings | 97,982,645 |
TOTAL EQUITY | 95,449,522 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,106,939,666 |
INCOME & EXPENSE | |
Loan Income | 8,170,067 |
Investment Income | 398,632 |
Other Income | 1,122,600 |
Total Employee Compensation & Benefits | 4,845,730 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 3,820,366 |
Non-operating Income & (Expense) | 75,118 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 139,293 |
Cost of Funds | 728,491 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 2,646,777 |
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