Longshoremen's Local 4 Federal Credit Union
Overview / Commentary
Longshoremen's Local 4 Federal Credit Union is headquartered in Vancouver and is the 64th largest credit union in the state of Washington. It is also the 2,646th largest credit union in the nation. It was established in 1956 and as of December of 2022, it had grown to 4 employees and 1,045 members at 1 location. Longshoremen's Local 4 Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Longshoremen's Local 4 Federal Credit Union is open to employees/retirees of the Local 4-A, International Longshore and Warehouse Union Local 4, International Brotherhood of Boilermaker's Local 104 (Vancouver/Portland), or Inlandboatmen's Union of the Pacific-Portland, Oregon. Family of credit union members are also eligible.
See current membership details
Health
B+
Data as of Q4 2022
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. Longshoremen's Local 4 Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 10799 |
| Year Chartered | 1956 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.25% |
| Return on Equity - YTD | 7.85% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $42.5MM$39.5MM |
| Loans | Q4 2022vs Q4 2021 | $16.5MM$15.9MM |
| Deposits | Q4 2022vs Q4 2021 | $35.8MM$33.0MM |
| Equity Capital | Q4 2022vs Q4 2021 | $6.9MM$6.4MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $50.00K$50.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $42.00K$0 |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |