Dec, 31, 2023 — AMERICA'S CREDIT UNION (ACU) is a federal credit union headquartered in DUPONT, WA with 13 branch locations and about $696.42 million in total assets. Opened 70 years ago in 1954, AMERICA'S CREDIT UNION (ACU) has about 33,074 members and employs 168 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AMERICA'S CREDIT UNION |
---|---|
Address: (Main Office) | 1495 Wilmington Dr Ste 1 DUPONT, WA 98327-8807 |
Phone: | (253) 964-3113 |
Fax: | (253) 964-3672 |
Website: | https://www.youracu.org |
Branches: | 13 branch locations |
Members: | 33,074 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 9373 |
---|---|
Membership Type: | Multiple common bond - Primarily military |
Corporate Credit Union: | No |
Year Opened: | 1954 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $696,421,607 |
CEO/Manager: | Kenneth Leonard |
Chairperson: | Debra R Geiger-Hodous |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 33,153,534 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 449,511,683 |
Unsecured Loans | 50,825,003 |
Other Loans | 36,304,044 |
TOTAL LOANS | 536,653,012 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -5,538,149 |
Land And Building | 18,701,543 |
Other Fixed Assets | 2,308,016 |
NCUSIF Deposit | 5,693,499 |
All Other Assets | 7,563 |
TOTAL ASSETS | 696,421,607 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 18,316 |
Notes & Interest Payable | 43,455,000 |
Accounts Payable & Other Liabilities | 7,271,036 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 127,985,557 |
Regular shares | 132,000,256 |
All Other Shares & Deposits | 324,126,453 |
TOTAL SHARES & DEPOSITS | 584,112,265 |
TOTAL LIABILITIES | 634,878,596 |
Regular Reserve | 0 |
Other Reserves | -8,759,066 |
Undivided Earnings | 70,302,077 |
TOTAL EQUITY | 61,543,011 |
TOTAL LIABILITIES, SHARES, & EQUITY | 696,421,607 |
INCOME & EXPENSE | |
Loan Income | 26,582,455 |
Investment Income | 2,649,062 |
Other Income | 4,933,772 |
Total Employee Compensation & Benefits | 16,046,926 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 12,764,935 |
Non-operating Income & (Expense) | -81,108 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 289,935 |
Cost of Funds | 7,171,755 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 4,158,093 |
↑ Back to Top |