Dec, 31, 2023 — OREGONIANS CREDIT UNION is a federally insured state chartered credit union headquartered in MILWAUKIE, OR with 7 branch locations and about $347.76 million in total assets. Opened 87 years ago in 1937, OREGONIANS CREDIT UNION has about 19,524 members and employs 71 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | OREGONIANS CREDIT UNION |
|---|---|
| Address: (Main Office) | 6915 SE Lake Rd MILWAUKIE, OR 97267 |
| Phone: | (503) 239-5336 |
| Fax: | |
| Website: | https://www.oregonianscu.com |
| Branches: | 7 branch locations |
| Members: | 19,524 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68669 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1937 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $347,757,503 |
| CEO/Manager: | Sam Launius |
| Chairperson: | Jeff Coffman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 14,678,978 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 99,280,722 |
| Unsecured Loans | 5,041,514 |
| Other Loans | 133,638,692 |
| TOTAL LOANS | 237,960,928 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,291,492 |
| Land And Building | 6,428,100 |
| Other Fixed Assets | 997,932 |
| NCUSIF Deposit | 3,169,482 |
| All Other Assets | 0 |
| TOTAL ASSETS | 347,757,503 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 38,873 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,196,758 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 70,387,799 |
| Regular shares | 141,135,121 |
| All Other Shares & Deposits | 86,036,398 |
| TOTAL SHARES & DEPOSITS | 297,559,318 |
| TOTAL LIABILITIES | 299,794,949 |
| Regular Reserve | 0 |
| Other Reserves | -203,060 |
| Undivided Earnings | 48,165,614 |
| TOTAL EQUITY | 47,962,554 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 347,757,503 |
| INCOME & EXPENSE | |
| Loan Income | 9,079,180 |
| Investment Income | 4,831,332 |
| Other Income | 531,699 |
| Total Employee Compensation & Benefits | 5,926,651 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 5,698,176 |
| Non-operating Income & (Expense) | 54,712 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 530,000 |
| Cost of Funds | 956,854 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,859,557 |
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