Dec, 31, 2023 — WHITE RIVER CREDIT UNION is a federally insured state chartered credit union headquartered in ENUMCLAW, WA with 1 branch location and about $119.73 million in total assets. Opened 72 years ago in 1952, WHITE RIVER CREDIT UNION has about 8,238 members and employs 21 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | WHITE RIVER CREDIT UNION |
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Address: (Main Office) | 1499 Garrett St ENUMCLAW, WA 98022 |
Phone: | (360) 825-4833 |
Fax: | (360) 825-8050 |
Website: | https://www.whiterivercu.com |
Branches: | 1 branch locations |
Members: | 8,238 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 67201 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1952 |
Last Audited: | Dec 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $119,730,087 |
CEO/Manager: | Brandy N Fielding |
Chairperson: | Gary McGillivray |
ASSETS: | $ Amount |
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Cash & Equivalents | 5,355,358 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 13,100,596 |
Unsecured Loans | 15,114,025 |
Other Loans | 39,648,011 |
TOTAL LOANS | 67,862,632 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -783,545 |
Land And Building | 1,968,506 |
Other Fixed Assets | 35,339 |
NCUSIF Deposit | 1,014,141 |
All Other Assets | 14,596 |
TOTAL ASSETS | 119,730,087 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 31,689 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 25,032,698 |
Regular shares | 40,689,846 |
All Other Shares & Deposits | 37,622,993 |
TOTAL SHARES & DEPOSITS | 103,345,537 |
TOTAL LIABILITIES | 103,377,227 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 16,352,860 |
TOTAL EQUITY | 16,352,860 |
TOTAL LIABILITIES, SHARES, & EQUITY | 119,730,087 |
INCOME & EXPENSE | |
Loan Income | 4,377,173 |
Investment Income | 934,573 |
Other Income | 519,889 |
Total Employee Compensation & Benefits | 1,644,843 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 2,431,926 |
Non-operating Income & (Expense) | 186,279 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 865,038 |
Cost of Funds | 235,874 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 1,495,539 |
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