Sep, 30, 2025 — 44 NORTH CREDIT UNION is a federally insured state chartered credit union headquartered in LEBANON, OR with 3 branch locations and about $169.15 million in total assets. Opened 70 years ago in 1956, 44 NORTH CREDIT UNION has about 10,538 members and employs 38 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | 44 NORTH CREDIT UNION |
|---|---|
| Address: (Main Office) | 485 S 2nd St LEBANON, OR 97355-3326 |
| Phone: | (541) 259-1235 |
| Fax: | (541) 259-7986 |
| Website: | https://www.44northcu.org |
| Branches: | 3 branch locations |
| Members: | 10,538 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68739 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1956 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $169,145,948 |
| CEO/Manager: | Jeff Elliott |
| Chairperson: | Randy Whitfield |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 39,043,405 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 40,983,588 |
| Unsecured Loans | 2,171,848 |
| Other Loans | 65,667,192 |
| TOTAL LOANS | 108,822,628 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,500,001 |
| Land And Building | 3,609,418 |
| Other Fixed Assets | 576,350 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,366,240 |
| All Other Assets | 131,265 |
| TOTAL ASSETS | 169,145,948 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,157,765 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 26,573,274 |
| Regular shares | 46,553,634 |
| All Other Shares & Deposits | 75,173,967 |
| TOTAL SHARES & DEPOSITS | 148,300,874 |
| TOTAL LIABILITIES | 149,458,639 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 19,687,309 |
| TOTAL EQUITY | 19,687,309 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 169,145,948 |
| INCOME & EXPENSE | |
| Loan Income | 6,802,272 |
| Investment Income | 1,362,042 |
| Other Income | 951,605 |
| Total Employee Compensation & Benefits | 2,469,845 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,004,799 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,140,300 |
| Cost of Funds | 1,804,398 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 628,621 |
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