2025-07-22T10:24:43-07:00 2024-12-31 261220728 DAREN B TANNER PC 1915 NE STUCKI AVE STE 290 Beaverton OR 97006 990 2024-01-01 916072220 CREDIT UNIONS IN THE STATE OF WASHINGTON DBA OLYMPIA CREDIT UNION CRED 3607545559 PO BOX 7549 OLYMPIA WA 98507 JANA AYRES President & CEO 2025-07-22 true true Daren Tanner P00234257 5033523255 2024 2025-03-06 01:10:19Z JANA AYRES PO BOX 7549 OLYMPIA WA 98507 3232442 false X WWW.OLYCU.ORG X 1965 WA THE CREDIT UNION GRANTED 1,576 LOANS TO MEMBERS IN 2024 AMOUNTING TO $13,369,138. 6 6 19 10 0 0 2519292 2892857 145549 298616 45464 40969 2710305 3232442 0 0 1236627 1494918 0 0 1347805 1735771 2584432 3230689 125873 1753 52473339 52363300 48120951 48009159 4352388 4354141 TO PROVIDE OUTSTANDING FINANCIAL SERVICES FOR ALL FAMILY MEMBERS. false false 3230689 3232442 THE CREDIT UNION PROVIDED LOW COST FINANCIAL SERVICES TO 3,791 MEMBERS INCLUDING LOANS, SAVINGS ACCOUNTS, DEBIT CARDS,CREDIT CARDS AND OTHER SERVICES. 3230689 false false false false false false false false false true false false false true false false 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 568 0 true 19 true false false false false false false false false X 6 6 false false false false true true false true true false true true false true true false true false true true false X JANA AYRES 3607545559 202 9TH AVE SE OLYMPIA WA 98501 TAMMY DOLES-ROBERTS President & CEO 40.00 0.00 X 134351 0 18616 JANA AYRES CFO 40.00 0.00 X 105634 0 15951 PAULA VAUGHN VP LENDING 40.00 0.00 X 106781 0 7561 LARRY LUFKIN Chairman 2.00 0.00 X 0 0 0 KATHY BOOS Secretary 1.00 0.00 X 0 0 0 JODI PETERSEN Vice Chair 1.00 0.00 X 0 0 0 STEVE VESSEY Director 1.00 0.00 X 0 0 0 SHIRLEY LEGG Director 1.00 0.00 X 0 0 0 SHANA OLIVER Director 1.00 0.00 X 0 0 0 346766 42128 3 false true false 0 0 FEES AND CHARGES 522100 274100 274100 INTERCHANGE INCOME 522100 304926 304926 LOAN INTEREST 522100 2313831 2313831 2892857 298616 298616 0 0 14917 14917 14917 14917 0 0 0 0 SHARED BRANCHING & OTHER 522100 26052 26052 26052 3232442 3232442 0 0 0 0 388894 388894 0 828650 828650 80674 80674 95163 95163 101537 101537 0 0 0 0 0 0 0 22959 22959 154259 154259 223341 223341 0 132167 132167 0 0 29123 29123 311515 311515 0 16330 16330 0 PROVISION FOR CREDIT LOSSES 410803 410803 INTERCHANGE EXPENSE 188660 188660 OTHER EXPENSES 85604 85604 LOAN SERVICING 57370 57370 103640 103640 3230689 3230689 0 0 379747 259838 2214138 4456544 0 25891 25737 0 0 38706330 40178723 0 244689 263705 1664217 1143992 527360 520225 9685000 5982000 0 45369 39698 0 644815 636830 52473339 52363300 123386 251670 47997565 47757489 48120951 48009159 X 4352388 4354141 4352388 4354141 52473339 52363300 1753 X false false false 122400 122400 1208309 827424 380885 333508 316568 16940 520225 MEMBER SHARES AND DEPOSITS 47757489 47757489 false false false TAMMY DOLES-ROBERTS President & CEO 134351 8177 10439 152967 Form 990, Part VI, Section A, Line 1a THE BOARD DELEGATES CERTAIN OVERSIGHT RESPONSIBILITIES TO THE SUPERVISORY COMMITTEE. Form 990, Part VI, Section A, Line 6 PEOPLE LIVING, WORKING, OR ATTENDING SCHOOL IN WASHINGTON STATE ARE ELIGIBLE FOR MEMBERSHIP. Form 990, Part VI, Section B, Line 11b THE CFO REVIEWS FORM 990 PRIOR TO FILING. THE FILED FORM 990 IS SUBMITTED TO THE SUPERVISORY COMMITTEE F0R REVIEW. Form 990, Part VI, Section B, Line 15a THE CREDIT UNION USES COMPEASE SOFTWARE TO COMPILE COMPENSATION DATA ANNUALLY FROM SIMILAR FINANCIAL INSTITUTIONS. THE DATA IS REPORTED TO THE BOARD. THE BOARD DETERMINES COMPENSATION FOR THE CEO. THE CEO DETERMINES COMPENSATION FOR OTHER OFFICERS AND EMPLOYEES BASED ON THE COMPEASE REPORT. COMPENSATION EXPENSE IS BUILT INTO THE ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE POSTED IN THE MAIN BRANCH MONTHLY AND DISTRIBUTED AT THE ANNUAL MEETING.