PORTLAND LOCAL NO 8 Credit Union Profile

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PORTLAND LOCAL NO 8

Charter #9288 | NCUA Region 3 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (503) 223-9306

Fax: (503) 223-2651

Founding Date: N/A

Website: http://www.pdx8fcu.com

Personnel & Operations

President: Phillips, Paul

Manager: Labonite, Jon

FT Employees: 8

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 98

Branches: 1

Hours: 6:30 AM - 4:30 PM

Credit Union Profile Summary

PORTLAND LOCAL NO 8 is a FCU Credit Union. With a total of 2,295 members [1], this institution manages approximately $40,641,018 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.32% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.82% [1].

Financial Snapshot

Total Assets [1]
$40,641,018

Total economic resources.

Total Loans [1]
$27,257,637

Total value of outstanding loans.

Total Deposits [1]
$37,011,409

Total funds deposited by members.

Members [1]
2,295

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.32%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.26%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
73.65%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.42%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-2.82%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
4.46%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2435 NW Front Ave Ste A

Portland, OR, 97209-1824

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by PORTLAND LOCAL NO 8 (Charter #9288).

Main Office

Front Avenue Main Office

Type: Corporate Office

2435 NW Front Ave Ste A

Portland, OR 97209-1824

Phone: (503) 223-9306

Services: Member Services, ATM

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