Overview / Commentary
Point West Credit Union is headquartered in Portland and is the 32nd largest credit union in the state of Oregon. It is also the 1,744th largest credit union in the nation. It was established in 1934 and as of June of 2020, it had grown to 21 employees and 10,967 members at 2 locations. Point West Credit Union has an A health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Washington, Clackamas, Multnomah, or Yamhill Counties in Oregon.
See current membership details
Health
A
Data as of Q2 2020
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. Point West Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63971 |
| Year Chartered | 1934 |
| Employees | 21 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.42% |
| Return on Equity - YTD | 4.75% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $98.9MM$94.0MM |
| Loans | Q2 2020vs Q2 2019 | $62.9MM$75.0MM |
| Deposits | Q2 2020vs Q2 2019 | $88.6MM$83.8MM |
| Equity Capital | Q2 2020vs Q2 2019 | $8.5MM$7.9MM |
| Secondary Capital | Q2 2020vs Q2 2019 | $800.00K |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $667.00K$1.2MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $250.00K$323.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |