North Coast Credit Union reports total assets of $354 million in 2023
North Coast Credit Union reported total assets of $353.8 million and 20,992 members in its recently released 2023 annual report.
It was North Coast’s last year under the leadership of Marilyn Brink, president and CEO since 2017, who retired on Dec. 31. A.C. Griffith became president and CEO on Jan. 1.
Griffith said North Coast funded $249.5 million in member loans in 2023 with $91.6 million in consumer loans, $87.5 million in real estate loans and $70.4 million in business loans
“2023 was a successful year,” Griffith said. “Our membership grew again and we are financially sound. We provide loans for local businesses and individuals and we don’t invest too heavily in any one area.”
North Coast also invested in a new Anacortes branch in 2023 and is celebrating its 85th anniversary this year.
Membership in North Coast Credit Union is open to anyone who lives, works, worships or attends school in Washington state. North Coast has six branches in Mount Vernon, Anacortes, Sedro-Woolley, Ferndale and Bellingham (2).
For more information about North Coast Credit Union, call (800) 696-8830 or visit www.northcoastcu.com.