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360-891-4000
P.o Box 324
Vancouver, WA 98666

Columbia Community Credit Union is headquartered in VANCOUVER and is the 12st largest credit union in the state of Washington. It is also the 228th largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 258 employees and 79,801 members. Columbia Community Credit Union has a A+ health rating.

Field of Membership Restrictions

Columbia Credit Union membership is open to individuals who live or work in, or have a family member who lives or works in Washington State or Jantzen Beach/Hayden Island. Businesses who have a company located in Washington State or if more than half of its owners or employees live or work in Washington State are also eligible for membership. - See Details

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Columbia Community Credit Union had $8.02 million in non-current loans and owned real-estate with $118.52 million in equity and loan loss allowances on hand to cover it. This gives Columbia Community Credit Union a Texas Ratio of 6.77% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Columbia Community Credit Union decreased dramatically from 13.71% as of December 31, 2012 to 6.77% as of December 31, 2013, resulting in a positive change of 50.63%.This indicates that the balance sheet and financial strength for Columbia Community Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Columbia Community Credit Union has increased its total deposits by $42.43 million, resulting in 5.42% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Columbia Community Credit Union has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Columbia Community Credit Union has $943.4 million in assets with $118.52 million in equity, resulting in a capitalization level of 12.56%, which is excellent.

Institution Statistics

Overall
NCUA #68186
Year Chartered1952
Employees258
Primary Regulator
Assets and Liabilities
Assets$943.40 million
Loans$686.68 million
Deposits$824.84 million
Equity Capital$107.23 million
Loan Loss Allowance$11.29 million
Unbacked Noncurrent Loans$3.59 million
Real Estate Owned$4.44 million
Historic Data - December 2012
Assets$890.95 million
Equity Capital$95.47 million
Loan Loss Allowance$15.05 million
Unbacked Noncurrent Loans$3.59 million
Real Estate Owned$6.91 million
Profit Margin - Quarterly
Net Interest Margin4.26%
Return on Assets1.78%
Return on Equity15.64%
Interest Income$33.11 million
Rates

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Locations

Columbia Community Credit Union has 14 locations. Click to view all Columbia Community Credit Union locations.