North Coast Credit Union

North Coast Credit Union was chartered in 1938 and its charter number is 66734. 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. North Coast Credit Union's address registered with the NCUA is 1100 DUPONT STREET, BELLINGHAM, WA 98225. As of 10/23/06 North Coast CU reported $113,831,307 in assets. The credit union currently has 17,332 members. It's Manager/CEO is Terry D. Belcoe. The credit unions website is www.northcoastcu.com. North Coast Credit Union is a member of the Washington Credit Union League.

 
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North Coast Credit Union Financial Evaluation
2006
Total Assets: $109,949,405.00
Total Loans: $95,145,969.00
Net Worth Ratio: 10.02
% Share Growth: 3.07
% Loan Growth: 15.28
Loans/Assets Ratio: 86.53
Loans/Assets Ratio: 7.83
Numbers of Members: 17,781
Number of Full-time Employees: 55
 
2006
Total Assets: $115,071,588.00
Total Loans: $101,448,539.00
Net Worth Ratio: 9.93
% Share Growth: -0.62
% Loan Growth: 6.62
Loans/Assets Ratio: 88.16
Loans/Assets Ratio: 5.38
Numbers of Members: 17805
Number of Full-time Employees: 44.5
 
2006
Total Assets: $109,548,633.00
Total Loans: $94,822,044.00
Net Worth Ratio: 10.5
% Share Growth: -0.62
% Loan Growth: -6.53
Loans/Assets Ratio: 86.55
Loans/Assets Ratio: 6.76
Numbers of Members: 17,218
Number of Full-time Employees: 45
 
 

May 18, 2010

 
 
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Credit Union News:

Credit union unveils new headquarters
The Herald Bulletin - Mar 10, 2010
ANDERSON, Ind. — Independent Federal Credit Union Board President Mark Fetz hopes the credit union’s newly opened building sends a clear message to Madison County: We’re sticking around. The credit union had an open house and grand opening ceremony Wednesday at its grandiose new facility at 38th Street and Scatterfield Road.

Full Story: http:a//www.theheraldbulletin.com/local/local_story_069222408.html

Credit union investigation in Orange Co.
KFDM Beaumont - Mar 15, 2010
The IRS contacted the board about the possibility of "financial improprieties." More details here.

Full Story: http:a//www.kfdm.com/video/%3fvideoId=72173965001%26lineupId=1137896012%26play=now


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