Dec, 31, 2023 — IRONWORKERS USA FEDERAL CREDIT UNION is a federal credit union headquartered in PORTLAND, OR with 3 branch locations and about $111.23 million in total assets. Opened 64 years ago in 1960, IRONWORKERS USA FEDERAL CREDIT UNION has about 13,761 members and employs 26 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | IRONWORKERS USA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 11620 NE Ainsworth Cir PORTLAND, OR 97220 |
| Phone: | (503) 774-3848 |
| Fax: | |
| Website: | https://www.ironworkersfcu.org |
| Branches: | 3 branch locations |
| Members: | 13,761 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13649 |
|---|---|
| Membership Type: | Associational - Fraternal, other than those designated 'low-income' |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Dec 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $111,230,834 |
| CEO/Manager: | Teri Robinson |
| Chairperson: | Robert Camarillo |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 13,121,712 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 7,187,722 |
| Unsecured Loans | 8,798,553 |
| Other Loans | 79,637,302 |
| TOTAL LOANS | 95,623,577 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -703,690 |
| Land And Building | 0 |
| Other Fixed Assets | 435,800 |
| NCUSIF Deposit | 844,484 |
| All Other Assets | 33,718 |
| TOTAL ASSETS | 111,230,834 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 872,997 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 1,250,000 |
| Share Drafts | 13,498,852 |
| Regular shares | 24,357,605 |
| All Other Shares & Deposits | 59,545,043 |
| TOTAL SHARES & DEPOSITS | 97,401,504 |
| TOTAL LIABILITIES | 99,524,501 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 11,706,333 |
| TOTAL EQUITY | 11,706,333 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 111,230,834 |
| INCOME & EXPENSE | |
| Loan Income | 6,581,278 |
| Investment Income | 647,140 |
| Other Income | 890,451 |
| Total Employee Compensation & Benefits | 2,593,865 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 2,831,512 |
| Non-operating Income & (Expense) | 193,417 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 501,014 |
| Cost of Funds | 1,737,183 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,308,466 |
| ↑ Back to Top | |