Sep, 30, 2025 — CUTTING EDGE FEDERAL CREDIT UNION is a federal credit union headquartered in MILWAUKIE, OR with 2 branch locations and about $53.12 million in total assets. Opened 73 years ago in 1953, CUTTING EDGE FEDERAL CREDIT UNION has about 3,810 members and employs 12 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CUTTING EDGE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4620 SE International Way Ste 105 MILWAUKIE, OR 97222 |
| Phone: | (503) 653-4392 |
| Fax: | (503) 653-6327 |
| Website: | https://www.cuttingedgefcu.org |
| Branches: | 2 branch locations |
| Members: | 3,810 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8317 |
|---|---|
| Membership Type: | Multiple common bond - Primarily other manufacturing |
| Corporate Credit Union: | No |
| Year Opened: | 1953 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $53,116,017 |
| CEO/Manager: | Brady Howe |
| Chairperson: | Richard Stallman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,910,699 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 5,904,124 |
| Unsecured Loans | 2,433,842 |
| Other Loans | 10,900,421 |
| TOTAL LOANS | 19,238,387 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -152,204 |
| Land And Building | 53,709 |
| Other Fixed Assets | 104,635 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 486,703 |
| All Other Assets | 69,603 |
| TOTAL ASSETS | 53,116,017 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 40,835 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 874,240 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,940,605 |
| Regular shares | 19,916,863 |
| All Other Shares & Deposits | 17,935,330 |
| TOTAL SHARES & DEPOSITS | 46,792,799 |
| TOTAL LIABILITIES | 47,707,874 |
| Regular Reserve | 0 |
| Other Reserves | -23,799 |
| Undivided Earnings | 5,431,942 |
| TOTAL EQUITY | 5,408,143 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 53,116,017 |
| INCOME & EXPENSE | |
| Loan Income | 874,828 |
| Investment Income | 778,584 |
| Other Income | 148,950 |
| Total Employee Compensation & Benefits | 842,034 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 979,065 |
| Non-operating Income & (Expense) | 42,999 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 137,445 |
| Cost of Funds | 324,206 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -117,279 |
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