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IBEW & UNITED WORKERS FEDERAL CREDIT UNION

Mar, 31, 2022 — IBEW & UNITED WORKERS FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 1 branch location and about $112.85 million in total assets. Opened 68 years ago in 1954, IBEW & UNITED WORKERS FEDERAL CREDIT UNION has about 14,284 members and employs 23 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:IBEW & UNITED WORKERS FEDERAL CREDIT UNION
Address:
(Main Office)
9955 SE Washington St
PORTLAND, OR 97216
Phone:(503) 253-8193
Fax:(503) 253-4773
Website:http://www.ibewuwfcu.com
Branches:1 branch locations
Members:14,284
Credit Union Type:Federal Credit Union
Charter Number:9483
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1954
Last Audited:Sep 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$112,845,279
CEO/Manager:Barbara J Mathey
Chairperson:Scott Zadow

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 24,238,616
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,420,586
 Unsecured Loans 3,656,124
 Other Loans 37,908,876
 TOTAL LOANS 52,985,586
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -134,024
 Land And Building 2,713,269
 Other Fixed Assets 46,635
 NCUSIF Deposit 904,442
 All Other Assets 0
  TOTAL ASSETS 112,845,279
LIABILITIES & CAPITAL:  
 Dividends Payable 21
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 66,895
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 30,551,365
 Regular shares 54,660,660
 All Other Shares & Deposits 19,471,731
  TOTAL SHARES & DEPOSITS 104,683,756
  TOTAL LIABILITIES 104,750,672
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 8,094,607
  TOTAL EQUITY 8,094,607
  TOTAL LIABILITIES, SHARES, & EQUITY 112,845,279
INCOME & EXPENSE  
 Loan Income 575,455
 Investment Income 71,700
 Other Income 218,487
 Total Employee Compensation & Benefits 456,952
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 448,030
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 3,913
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 159,152
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