Jun, 30, 2024 — 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 71 years ago in 1954, PORTLAND LOCAL NO 8 FEDERAL CREDIT UNION has about 2,208 members and employs 10 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, 2021 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $41,441,277 |
CEO/Manager: | Brook Hamilton |
Chairperson: | Roderick O'Hearn |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 2,370,351 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 14,030,604 |
Unsecured Loans | 4,551,075 |
Other Loans | 10,626,599 |
TOTAL LOANS | 29,208,278 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -150,761 |
Land And Building | 0 |
Other Fixed Assets | 318,149 |
NCUSIF 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 | 6,927,445 |
TOTAL SHARES & DEPOSITS | 37,263,972 |
TOTAL LIABILITIES | 37,380,811 |
Regular Reserve | 0 |
Other Reserves | 887,534 |
Undivided Earnings | 3,172,932 |
TOTAL EQUITY | 4,060,466 |
TOTAL LIABILITIES, SHARES, & EQUITY | 41,441,277 |
INCOME & EXPENSE | |
Loan Income | 1,008,219 |
Investment Income | 87,314 |
Other Income | 141,705 |
Total Employee Compensation & Benefits | 617,567 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 548,926 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 160,265 |
Cost of Funds | 36,406 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 133,203 |
↑ Back to Top |