Overview / Commentary
Ironworkers USA Federal Credit Union is headquartered in Portland and is the 46th largest credit union in the state of Oregon. It is also the 2,574th largest credit union in the nation. It was established in 1960 and as of December of 2019, it had grown to 10 employees and 6,676 members at 3 locations. Ironworkers USA Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership to Ironworkers USA Federal Credit Union is open to employees, retirees, members of Ironworkers District Council of the Pacific Northwest Local 14, 29, 86, 506, 516, 751 and their spouses. Additionally any Ironworker within the location of those locals are eligible.
See current membership details
Health
B
Data as of Q4 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Ironworkers USA Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13649 |
| Year Chartered | 1960 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.81% |
| Return on Equity - YTD | 17.98% |
| Annual Interest Income | $2.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $39.5MM$32.8MM |
| Loans | Q4 2019vs Q4 2018 | $38.8MM$30.9MM |
| Deposits | Q4 2019vs Q4 2018 | $33.8MM$29.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $3.9MM$3.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $298.00K$233.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $594.00K$472.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |