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National Credit Union Service Organization

STRAIT VIEW CREDIT UNION

Dec, 31, 2023 — STRAIT VIEW CREDIT UNION is a federally insured state chartered credit union headquartered in PORT ANGELES, WA with 1 branch location and about $101.38 million in total assets. Opened 85 years ago in 1939, STRAIT VIEW CREDIT UNION has about 7,231 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 325181099
Name:STRAIT VIEW CREDIT UNION
Address:
(Main Office)
220 S Lincoln St
PORT ANGELES, WA 98362-3003
Phone:(360) 452-3883
Fax:(360) 452-1377
Website:https://www.svcu.com
Branches:1 branch locations
Members:7,231
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68231
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1939
Last Audited:Dec 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$101,382,875
CEO/Manager:Lisa Roening
Chairperson:Alan Slind

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 16,147,022
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,187,577
 Unsecured Loans 3,899,221
 Other Loans 30,419,372
 TOTAL LOANS 45,506,170
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -458,749
 Land And Building 752,524
 Other Fixed Assets 567,554
 NCUSIF Deposit 867,200
 All Other Assets 0
  TOTAL ASSETS 101,382,875
LIABILITIES & CAPITAL:  
 Dividends Payable 72,423
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,621,661
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 19,008,373
 Regular shares 32,176,299
 All Other Shares & Deposits 36,517,057
  TOTAL SHARES & DEPOSITS 87,701,728
  TOTAL LIABILITIES 89,395,812
 Regular Reserve 0
 Other Reserves 183,602
 Undivided Earnings 11,803,461
  TOTAL EQUITY 11,987,063
  TOTAL LIABILITIES, SHARES, & EQUITY 101,382,875
INCOME & EXPENSE  
 Loan Income 2,494,160
 Investment Income 1,679,790
 Other Income 158,873
 Total Employee Compensation & Benefits 1,534,965
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,483,922
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 29,150
 Cost of Funds 481,872
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,278,022
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