Dec, 31, 2023 — COLUMBIA COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in VANCOUVER, WA with 15 branch locations and about $2.34 billion in total assets. Opened 72 years ago in 1952, COLUMBIA COMMUNITY CREDIT UNION has about 114,262 members and employs 309 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | COLUMBIA COMMUNITY CREDIT UNION |
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Address: (Main Office) | 200 NE Park Plaza Dr VANCOUVER, WA 98684 |
Phone: | (360) 891-4000 |
Fax: | (360) 619-3201 |
Website: | https://www.columbiacu.org |
Branches: | 15 branch locations |
Members: | 114,262 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68186 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $2,335,314,318 |
CEO/Manager: | Lindsey Salvestrin |
Chairperson: | Joseph Vance |
ASSETS: | $ Amount |
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Cash & Equivalents | 165,144,170 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 387,822 |
Real Estate Loans | 957,576,773 |
Unsecured Loans | 53,372,994 |
Other Loans | 882,366,677 |
TOTAL LOANS | 1,893,372,129 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -20,797,816 |
Land And Building | 19,744,163 |
Other Fixed Assets | 4,843,452 |
NCUSIF Deposit | 18,960,166 |
All Other Assets | 1,623,940 |
TOTAL ASSETS | 2,335,314,318 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 11,070,368 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 642,050,308 |
Regular shares | 442,834,393 |
All Other Shares & Deposits | 991,963,303 |
TOTAL SHARES & DEPOSITS | 2,076,848,005 |
TOTAL LIABILITIES | 2,088,659,562 |
Regular Reserve | 0 |
Other Reserves | -28,022,609 |
Undivided Earnings | 274,677,365 |
TOTAL EQUITY | 246,654,756 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,335,314,318 |
INCOME & EXPENSE | |
Loan Income | 86,079,987 |
Investment Income | 13,385,844 |
Other Income | 4,268,986 |
Total Employee Compensation & Benefits | 33,442,526 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 28,633,095 |
Non-operating Income & (Expense) | -29,064 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 5,680,919 |
Cost of Funds | 24,210,156 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 25,951,840 |
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