PORTLAND LOCAL NO 8 FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.pdx8fcu.com for more information.
Sep, 30, 2025 — PORTLAND LOCAL NO 8 FEDERAL CREDIT UNION is a federal credit union headquartered in Portland, OR with 1 branch location and about $41.44 million in total assets. Opened 72 years ago in 1954, PORTLAND LOCAL NO 8 FEDERAL CREDIT UNION has about 2,208 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PORTLAND LOCAL NO 8 FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 2435 NW Front Ave Ste A Portland, OR 97209-1824 |
| Phone: | (503) 223-9306 |
| Fax: | (503) 223-2651 |
| Website: | https://www.pdx8fcu.com |
| Branches: | 1 branch locations |
| Members: | 2,208 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 9288 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Dec 01, 2023 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $41,441,277 |
| CEO/Manager: | Jon Labonite |
| Chairperson: | Paul Phillips |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 9,745,359 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,840,153 |
| Unsecured Loans | 3,640,058 |
| Other Loans | 9,777,426 |
| TOTAL LOANS | 29,208,278 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -216,154 |
| Land And Building | 0 |
| Other Fixed Assets | 318,149 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 341,259 |
| All Other Assets | 0 |
| TOTAL ASSETS | 41,441,277 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 116,839 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,871,991 |
| Regular shares | 24,464,536 |
| All Other Shares & Deposits | 6,635,059 |
| TOTAL SHARES & DEPOSITS | 37,263,972 |
| TOTAL LIABILITIES | 36,860,710 |
| Regular Reserve | 0 |
| Other Reserves | 1,020,685 |
| Undivided Earnings | 3,172,932 |
| TOTAL EQUITY | 4,193,617 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 40,641,018 |
| INCOME & EXPENSE | |
| Loan Income | 820,545 |
| Investment Income | 216,024 |
| Other Income | 75,679 |
| Total Employee Compensation & Benefits | 510,271 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 656,222 |
| Non-operating Income & (Expense) | -146,591 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 198,694 |
| Cost of Funds | 36,406 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -52,647 |
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