Mar, 31, 2022 — EVERGREENDIRECT CREDIT UNION is a federally insured state chartered credit union headquartered in TUMWATER, WA with 2 branch locations and about $84.55 million in total assets. Opened 45 years ago in 1977, EVERGREENDIRECT CREDIT UNION has about 5,151 members and employs 24 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | EVERGREENDIRECT CREDIT UNION |
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Address: (Main Office) | 6001 Capitol Blvd SW TUMWATER, WA 98501-5290 |
Phone: | (360) 943-7676 |
Fax: | (360) 943-6065 |
Website: | http://www.evergreendirect.org |
Branches: | 2 branch locations |
Members: | 5,151 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68546 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1977 |
Last Audited: | Jun 01, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $84,550,181 |
CEO/Manager: | JohnPaul McGee |
Chairperson: | Sue Girsch |
ASSETS: | $ Amount |
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Cash & Equivalents | 9,697,617 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 9,171,953 |
Unsecured Loans | 7,923,733 |
Other Loans | 20,598,582 |
TOTAL LOANS | 37,694,268 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -180,000 |
Land And Building | 3,609,373 |
Other Fixed Assets | 212,623 |
NCUSIF Deposit | 684,316 |
All Other Assets | 18,000 |
TOTAL ASSETS | 84,550,181 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 1,086,843 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 18,352,939 |
Regular shares | 33,440,783 |
All Other Shares & Deposits | 25,376,733 |
TOTAL SHARES & DEPOSITS | 77,170,455 |
TOTAL LIABILITIES | 78,257,298 |
Regular Reserve | 0 |
Other Reserves | -1,978,229 |
Undivided Earnings | 8,271,112 |
TOTAL EQUITY | 6,292,883 |
TOTAL LIABILITIES, SHARES, & EQUITY | 84,550,181 |
INCOME & EXPENSE | |
Loan Income | 527,884 |
Investment Income | 124,204 |
Other Income | 289,114 |
Total Employee Compensation & Benefits | 407,259 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 399,026 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | -4,237 |
Cost of Funds | 53,272 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 101,435 |
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