Dec, 31, 2023 — CLACKAMAS COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in MILWAUKIE, OR with 9 branch locations and about $592.83 million in total assets. Opened 67 years ago in 1957, CLACKAMAS COMMUNITY FEDERAL CREDIT UNION has about 35,584 members and employs 146 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | CLACKAMAS COMMUNITY FEDERAL CREDIT UNION |
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Address: (Main Office) | 15099 SE Mcloughlin Blvd MILWAUKIE, OR 97267 |
Phone: | (503) 656-0671 |
Fax: | (503) 722-2826 |
Website: | https://www.emboldcu.org |
Branches: | 9 branch locations |
Members: | 35,584 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 11793 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $592,833,132 |
CEO/Manager: | AARON GOFF |
Chairperson: | Michael R Fraser |
ASSETS: | $ Amount |
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Cash & Equivalents | 29,633,061 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 209,268,232 |
Unsecured Loans | 22,137,607 |
Other Loans | 200,045,902 |
TOTAL LOANS | 431,463,431 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -3,384,184 |
Land And Building | 27,561,039 |
Other Fixed Assets | 8,124,938 |
NCUSIF Deposit | 5,005,842 |
All Other Assets | 193,520 |
TOTAL ASSETS | 592,833,132 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 500,000 |
Accounts Payable & Other Liabilities | 8,359,695 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 137,279,832 |
Regular shares | 178,040,624 |
All Other Shares & Deposits | 218,520,390 |
TOTAL SHARES & DEPOSITS | 533,840,846 |
TOTAL LIABILITIES | 542,759,629 |
Regular Reserve | 0 |
Other Reserves | 5,346,838 |
Undivided Earnings | 44,726,665 |
TOTAL EQUITY | 50,073,503 |
TOTAL LIABILITIES, SHARES, & EQUITY | 592,833,132 |
INCOME & EXPENSE | |
Loan Income | 24,507,024 |
Investment Income | 2,491,633 |
Other Income | 1,764,437 |
Total Employee Compensation & Benefits | 14,110,283 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 11,959,069 |
Non-operating Income & (Expense) | 897,244 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 3,171,770 |
Cost of Funds | 4,054,185 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -674,784 |
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