2024-05-14T13:26:47-07:00 2023-12-31 261220728 DAREN B TANNER PC 1915 NE STUCKI AVE STE 290 Beaverton OR 97006 990 2023-01-01 930241933 OREGONIANS CREDIT UNION OREG 5032395336 6915 SE LAKE ROAD MILWAUKIE OR 97267 MILTON LAUNIUS CEO 2024-05-14 true MILTON LAUNIUS 999009999 true Daren Tanner P00234257 5033523255 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z MILTON LAUNIUS 6915 SE LAKE ROAD MILWAUKIE OR 97267 15971238 false X WWW.OREGONIANSCU.COM X 1936 OR THE CREDIT UNION PROVIDES LOW COST RETAIL FINANCIAL SERVICES TO OVER 19,524 OWNER/MEMBERS WHO PRIMARILY RESIDE IN 13 OREGON COUNTIES. SERVICES INCLUDE CONSUMER, BUSINESS AND CREDIT CARD LOANS AS WELL AS CHECKING AND SAVINGS PROGRAMS, AND DEBIT CARD SERVICES. 7 7 105 10 16323 0 9403363 11417071 2418082 4537844 15561 16323 11837006 15971238 0 0 5065321 5926651 0 0 5262811 7185029 10328132 13111680 1508874 2859558 381324647 347757503 336315398 299794949 45009249 47962554 THE CREDIT UNION ENCOURAGES THRIFT AMONG ITS MEMBERS, PROVIDES CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND PROVIDES AN OPPORTUNITY FOR MEMBERS TO USE AND CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION. false false 13111680 15971238 THE CREDIT UNION PROVIDED LOW COST RETAIL FINANCIAL SERVICES TO MORE THAN 19,524 MEMBER/OWNERS THROUGH SEVEN BRANCHES LOCATED IN 13 OREGON COUNTIES AND HUNDREDS OF ATMS AND SHARED BRANCH LOCATIONS WITH OTHER CREDIT UNIONS. SERVICES INCLUDE SAVINGS AND DEPOSIT ACCOUNTS; CONSUMER, MORTGAGE, CREDIT CARD AND SMALL BUSINESS LOANS. 13111680 false false true false false false false true false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 4382 0 true 105 true true true false false false false false false false X 7 7 false false false false true true false true true false true true true true true true true true true false false X MILTON LAUNIUS 5032395336 6915 SE LAKE ROAD MILWAUKIE OR 97267 MILTON LAUNIUS CEO 55.00 0.00 X 317015 0 70667 SCOTT WETZLER CFO 45.00 0.00 X 165862 0 8991 MARIAN GRIFFITHS Director 1.00 0.00 X 0 0 0 BRIAN MILLER Director 2.00 0.00 X 0 0 0 JEFF COFFMAN Chairman 2.00 0.00 X 0 0 0 ALICIA ANDERSON VICE CHAIR 1.00 0.00 X 0 0 0 JIM MCBRIDE Director 1.00 0.00 X 0 0 0 TRISH ROLIN Director 1.00 0.00 X 0 0 0 PAUL DAWSON Secretary 1.00 0.00 X 0 0 0 482877 79658 2 false true false 0 0 LOAN & SVC FEE REVENUE 522100 2044403 2044403 LOAN INTEREST REVENUE 522100 9372668 9372668 11417071 4537844 4537844 0 0 0 0 0 0 0 ATM SURCHARGE REVENUE 522100 16323 16323 16323 15971238 15954915 16323 X 0 0 0 0 562535 562535 0 4260469 4260469 161301 161301 566719 566719 375627 375627 0 0 0 0 0 0 0 0 1160327 1160327 0 0 919276 919276 0 0 17346 17346 956854 956854 0 498925 498925 0 EXCHANGE FEES 790263 790263 PROVISION FOR CREDIT LOSSES 530000 530000 LOAN SERVICING 502536 502536 PROFESSIONAL SERVICES 394501 394501 1415001 1415001 13111680 13111680 0 0 63038100 14678978 20988540 15046798 0 0 0 0 232405265 236669436 0 513480 758246 13495786 6069754 7658232 7426032 40821451 56733595 0 0 151082 130423 15748497 16313995 381324647 347757503 1534962 2092402 143802 143229 334636634 297559318 336315398 299794949 X 45009249 47962554 45009249 47962554 381324647 347757503 2859558 90920 2827 X false true X true false 1323 1323 1323 true CU LEGISLATIVE ACTION FUND 13221 SW 68TH PRKWY 400 TIGARD OR 97223 930953356 1323 Part I-A, Line 1 - Direct and Indirect Political Campaign Activities CONTRIBUTION TO CREDIT UNION LEGISLATIVE ACTION FUND (CULAF) false true X 1972230 1972230 6063808 1607938 4455870 5459748 4461816 997932 7426032 MEMBER SHARES AND DEPOSITS 297559318 297559318 X 15971238 15971238 15971238 13111680 13111680 13111680 Part IV, Line 2b: Explanation of escrow account liability ESCROW FUNDS ARE COLLECTED ON BEHALF OF MEMBERS FOR REAL ESTATE TAX AND INSURANCE EXPENSES AND ARE REPORTED ON THE BALANCE SHEET. Part X : FIN48 Footnote THE CREDIT UNION IS EXEMPT BY STATUTE FROM FEDERAL TAXATION OF INCOME FROM THE PERFORMANCE OF ACTIVITIES THAT ARE IN FURTHERANCE OF ITS EXEMPT PURPOSE UNDER ITS OREGON STATE CHARTER AS PERMITTED BY IRC SECTION 501(C)(14). THE CREDIT UNION REPORTS ATM SURCHARGE FEE INCOME UNRELATED TO ITS TAX EXEMPT CHARTER ON FORM 990-T. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS. X X X X false true false MILTON LAUNIUS CEO 317015 60804 9863 387682 SCOTT WETZLER CFO 165862 8227 764 174853 Form 990, Part VI, Section A, Line 6 OREGONIANS CREDIT UNION IS A MEMBER-OWNED NOT FOR PROFIT FINANCIAL COOPERATIVE. Form 990, Part VI, Section B, Line 11b FORM 990 IS REVIEWED BY MANAGEMENT, THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. Form 990, Part VI, Section B, Line 12c THE CREDIT UNION HAS IMPLEMENTED A BOARD CODE OF ETHICS POLICY. Form 990, Part VI, Section B, Line 15a THE BOARD COMPENSATION COMMITTEE REVIEWS SENIOR MANAGEMENT COMPENSATION. Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE MADE AVAILABLE TO MEMBERS AND OTHER INTERESTED PARTIES UPON REQUEST. Form 990, Part IX, Line 24e BANK CHARGES: Column (A) - Total = $67218; Column (B) - Program Services = $67218; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e DUES AND SUBSCRIPTIONS: Column (A) - Total = $73901; Column (B) - Program Services = $73901; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e MEMBER EDUCATION: Column (A) - Total = $150550; Column (B) - Program Services = $150550; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e Postage and Shipping: Column (A) - Total = $154850; Column (B) - Program Services = $154850; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SECURITY AND ALARM: Column (A) - Total = $146686; Column (B) - Program Services = $146686; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SHARED BRANCHING EXPENSES: Column (A) - Total = $33772; Column (B) - Program Services = $33772; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e SOFTWARE AND EQUIPMENT MAINTEN: Column (A) - Total = $393436; Column (B) - Program Services = $393436; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e STAFF TRAINING: Column (A) - Total = $26030; Column (B) - Program Services = $26030; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e STATEMENT PROCESSING: Column (A) - Total = $65834; Column (B) - Program Services = $65834; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e TELECOMMUNICATIONS: Column (A) - Total = $302724; Column (B) - Program Services = $302724; Column (C) - Management & General = $0; Column (D) - Fundraising = $0