Community 1st Credit Union:

Community 1st Credit Union was chartered in 1934 and its charter number is 60079. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Community 1st Credit Union's address registered with the NCUA is PO BOX 55909, SHORELINE, WA 98155-0909. As of 11/29/06 Community 1st CU reported $95,665,766 in assets. The credit union currenly has 9,372 members. It's Manager/CEO is Roger S. Gieseke. The credit unions website is comm1stcu.org. Community 1st Credit Union is a member of the California Credit Union League .

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Community 1st Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $95,709,899.00
Total Loans: $39,697,039.00
Net Worth Ratio: 13.02
% Share Growth: -1.04
% Loan Growth: -4.74
Loans/Assets Ratio: 41.47
Loans/Assets Ratio: 51.54
Numbers of Members: 10,277
Number of Full-time Employees: 30.5 		 
As of December 31, 2005
Total Assets: $98,038,850.00
Total Loans: $52,259,370.00
Net Worth Ratio: 14.17
% Share Growth: 1.2
% Loan Growth: 31.64
Loans/Assets Ratio: 53.3
Loans/Assets Ratio: 39.06
Numbers of Members: 10112
Number of Full-time Employees: 31.5 		 
As of December 31, 2006
Total Assets: $95,836,866.00
Total Loans: $48,399,186.00
Net Worth Ratio: 15.45
% Share Growth: -4.1
% Loan Growth: -7.38
Loans/Assets Ratio: 50.5
Loans/Assets Ratio: 41.85
Numbers of Members: 9,180
Number of Full-time Employees: 28.5 		 
 
 
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Credit Union News:

Ghana: De-Graft Memorial Methodist Co-Operative Credit Union Support Members
AllAfrica.com - Feb 6, 2008
The De-Graft Memorial Methodist Co-operative Credit Union in Kumasi gave out a total of GH¢58,987 as loans to its members last year.

Full Story: http://allafrica.com/stories/200802060126.html

MCT Credit Union holding vote on changing deposit insurer
Port Arthur News - Feb 2, 2008
MCT Credit Union has proposed changing from the National Credit Union Administration, an independent federal agency that charters and supervises federal credit unions, to American Share Insurance. ASI is out of Ohio and is a private insurance company that provides primary and excess share, or deposit, insurance exclusively to credit unions.

Full Story: http://www.panews.com/local/local_story_033225133.html

Letters
The Kansas City Star - Feb 16, 2008
Recent legislative activity has brought to light some misconceptions about credit unions. As president of the Kansas Credit Union Association, on behalf of the 113 Kansas credit unions and their member/owners, we want to provide a clear picture of credit unions and ensure potential legislative efforts do not have an adverse impact on the residents of Kansas.

Full Story: http://www.kansascity.com/business/story/492365.html

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