Dec, 31, 2023 — SPOKANE CITY CREDIT UNION is a federally insured state chartered credit union headquartered in SPOKANE, WA with 1 branch location and about $64.94 million in total assets. Opened 90 years ago in 1934, SPOKANE CITY CREDIT UNION has about 4,247 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | SPOKANE CITY CREDIT UNION |
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Address: (Main Office) | 1930 N Monroe St SPOKANE, WA 99205-4538 |
Phone: | (509) 325-7228 |
Fax: | (509) 325-9818 |
Website: | https://www.sccu.net |
Branches: | 1 branch locations |
Members: | 4,247 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 68283 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1934 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $64,936,464 |
CEO/Manager: | Deanna Hanley |
Chairperson: | Gene B Jakubczak |
ASSETS: | $ Amount |
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Cash & Equivalents | 9,293,531 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 31,089,702 |
Unsecured Loans | 2,448,014 |
Other Loans | 18,466,501 |
TOTAL LOANS | 52,004,218 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -473,504 |
Land And Building | 1,292,638 |
Other Fixed Assets | 125,325 |
NCUSIF Deposit | 577,156 |
All Other Assets | 0 |
TOTAL ASSETS | 64,936,464 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 10,488 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 452,582 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 12,944,094 |
Regular shares | 31,082,274 |
All Other Shares & Deposits | 14,594,926 |
TOTAL SHARES & DEPOSITS | 58,621,294 |
TOTAL LIABILITIES | 59,084,364 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 5,852,100 |
TOTAL EQUITY | 5,852,100 |
TOTAL LIABILITIES, SHARES, & EQUITY | 64,936,464 |
INCOME & EXPENSE | |
Loan Income | 2,364,159 |
Investment Income | 219,194 |
Other Income | 478,711 |
Total Employee Compensation & Benefits | 894,766 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 1,303,932 |
Non-operating Income & (Expense) | 2,535 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 522,521 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 358,349 |
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