Jun, 30, 2021 — MARION and POLK colleges CREDIT UNION is a federally insured state hired credit union headquartered in Salem, OR through 11 branch locations and about$1.16 billionin complete assets. Opened 85 years earlier in 1936, MARION and POLK colleges CREDIT UNION hasabout 71,639members and employs 283 full and part-time employeesoffering various banking and also financial connected services such as Checking & savings accounts, ATM/Debit card Program and more.


Charter Number:Membership Type:Corporate credit transaction Union:Year Opened:Last Audited:FHLB Member:Low income Designation:Assets:CEO/Manager:Chairperson:
64166
State chartered natural person
No
1936
Jun 01, 2020
Yes
No
$1,163,826,986
Mark Zook
Joe Phillippay

Call Report


» See also Statement of jae won ConditionASSETS:$ Amount
 Cash & Equivalents331,767,762
TOTAL INVESTMENTS21,320,246
Loans organized for Sale1,862,900
 Real heritage Loans306,144,448
 Unsecured Loans45,934,316
 Other Loans388,690,733
 TOTAL LOANS740,784,284
 (Allowance because that Loan & Lease losses or pin money for credit Losses on loans & Leases)-2,604,368
 Land and Building18,466,834
 Other fixed Assets15,989,117
 NCUSIF Deposit8,655,825
 All various other Assets27,584,386
  TOTAL ASSETS1,163,826,986
LIABILITIES & CAPITAL:
 Dividends Payable0
 Notes & interest Payable0
 Accounts Payable & other Liabilities16,193,791
 Uninsured an additional Capital and Subordinated Debt contained in network Worth0
 Share Drafts434,535,094
 Regular shares335,925,595
 All other Shares & Deposits274,960,544
  TOTAL share & DEPOSITS1,045,421,233
  TOTAL LIABILITIES1,061,615,024
 Regular Reserve22,391,040
 Other Reserves240,674
 Undivided Earnings79,580,248
  TOTAL EQUITY102,211,962
  TOTAL LIABILITIES, SHARES, & EQUITY1,163,826,986
INCOME & EXPENSE
 Loan Income15,033,936
 Investment Income440,195
 Other Income5,717,086
 Total Employee Compensation & Benefits9,573,446
 NCUSIF Premiums Expense0
 Total other Operating Expenses13,372,014
 Non-operating earnings & (Expense)3,000
 NCUSIF Stabilization IncomeN/A
 Provision for Loan/Lease casualty or full Credit loss Expense72,646
 Cost that Funds447,516
 NET income (LOSS) not included STABILIZATION price & NCUSIF PREMIUMN/A
Net revenue (Loss)6,135,516
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