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1 star rating based on 2 reviews.

Numerica Credit Union

Numerica Credit Union Locations
PO Box 4000
Spokane Valley, WA 99037
(800) 433-1837
www.numericacu.com

Numerica Credit Union is headquartered in Spokane Valley and is the 4th largest credit union in the state of Washington. It is also the 154th largest credit union in the nation. It was established in 1941 and as of December of 2011, it had grown to 280 employees and 92,898 members. Numerica Credit Union has a 4-star health rating.

Related Posts

Top Reward Checking and CD Rates at Numerica Credit Union in WA & ID - Local Only - 1/19/2011

Numerica Credit Union continues to offer a good deal on its reward checking account called Sequel Checking . Unfortunately, the rate did fall in January, but it remains fairly competitive with a top y ...

World Series Certificate Special with a Rate up to 2.93% for 24 Months at Numerica Credit Union in WA & ID - Local Only - 10/16/2009

Numerica Credit Union has two very competitive rates on its World Series Certificate Special, and the rates can be higher based on the league you pick to win the World Series. The base rates are 2.39% APY for the 18-month certificate and 2.72% APY for...

4.16% 30-Month / 3.51% 10-Month CD at a Washington State CU (Numerica). - 6/1/2008

Update 7/12/08: The CD specials are no longer listed at the credit union's website. Please check with the credit union for the latest specials and rates.Numerica Credit Union has two nice certificate specials: 4.16% APY 30-month CD and a 3.51% APY...

High-Yield Reward Checking Account at a Washington State CU (Numerica) - 6/1/2008

Update 7/04/09: The top rate has fallen to 4.01% APY.Numerica Credit Union is offering a reward checking account that pays 4.01% APY on balances up to $25,000 (0.15% for above) and refunds ATM fees (up to $25) if the following monthly requirements are...



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See Rates for: Checking | Savings | Money Market | CD | IRA

Numerica Credit Union Checking Account Rates

ApyMinMaxProduct
2.25%-$1,500Go Zags Checking
1.75%-$25kSequel Checking
0.25%$10k-Prestige Checking
0.05%$1k-Power Checking

Numerica Credit Union Savings Account Rates

ApyMinMaxProduct
0.16%-$5kBonus Saver
0.16%$500-Share IRA
0.16%$500-Share Roth IRA
0.16%$500-Share CESA
0.15%$500-Regular Savings

Numerica Credit Union Money Market Rates

ApyMinMaxProduct
0.41%$100k-Peak Premium MMA
0.35%$75k-Cascades High Yield MMA
0.34%$50k-Olympics Premium MMA
0.27%$25k-Selkirks Premium MMA
0.26%$10k-Foothills MMA

Numerica Credit Union CD Rates

ApyMinMaxProduct
1.56%$1k-60 - 72 Month CD Bump
1.43%$1k-48 - 59 Month CD Bump
1.07%$1k-36 - 47 Month CD Bump
0.76%$1k-24 - 35 Month CD Bump
0.61%$1k-18 - 23 Month CD Bump
0.46%$1k-12 - 17 Month CD Bump
0.31%$1k-6 - 11 Month CD
0.16%$1k-90 Day - 5 Month CD

Numerica Credit Union IRA Rates

ApyMinMaxProduct
1.56%$500-60 - 72 Month IRA Bump
1.56%$500-60 - 72 Month Roth IRA Bump
1.56%$500-60 - 72 Month CESA Bump
1.43%$500-48 - 59 Month IRA Bump
1.43%$500-48 - 59 Month Roth IRA Bump
1.43%$500-48 - 59 Month CESA Bump
1.07%$500-36 - 47 Month IRA Bump
1.07%$500-36 - 47 Month Roth IRA Bump
1.07%$500-36 - 47 Month CESA Bump
0.76%$500-24 - 35 Month IRA Bump
0.76%$500-24 - 35 Month Roth IRA Bump
0.76%$500-24 - 35 Month CESA Bump
0.61%$500-18 - 23 Month IRA Bump
0.61%$500-18 - 23 Month Roth IRA Bump
0.61%$500-18 - 23 Month CESA Bump
0.46%$500-12 - 17 Month IRA Bump
0.46%$500-12 - 17 Month Roth IRA Bump
0.46%$500-12 - 17 Month CESA Bump
0.31%$500-6 - 11 Month IRA
0.31%$500-6 - 11 Month Roth IRA
0.31%$500-6 - 11 Month CESA
0.16%$500-90 Day - 5 Month IRA
0.16%$500-90 Day - 5 Month Roth IRA
0.16%$500-90 Day - 5 Month CESA

Rates updated: 5/27/2012

Data for Q4 2011


Institution Statistics


NUMERICA
NCUA #66841
BankRate ReportView
Year Chartered1941
Employees280
Primary Regulator

Assets and Liabilities

Assets$1.14 billion
Loans$784.79 million
Deposits$975.03 million
Equity Capital$113.64 million
Loan Loss Allowance$11.01 million
Unbacked Noncurrent Loans$17.49 million
Real Estate Owned$1.72 million

Historic Data - December 2010

Assets$1.06 billion
Equity Capital$95.28 million
Loan Loss Allowance$9.30 million
Unbacked Noncurrent Loans$19.65 million
Real Estate Owned$378,000

Profit Margin - Quarterly

Net Interest Margin5.55%
Return on Assets1.35%
Return on Equity13.47%
Interest Income$54.05 million
Non-Interest Income$13.55 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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, 2011 Numerica Credit Union had $19.22 million in non-current loans and owned real-estate with $124.65 million in equity and loan loss allowances on hand to cover it. This gives Numerica Credit Union a Texas Ratio of 15.42% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Numerica Credit Union decreased slightly from 19.15% as of December 31, 2010 to 15.42% as of December 31, 2011, resulting in a positive change of 19.48%.This indicates that the balance sheet and financial strength for Numerica Credit Union has improved slightly in recent periods.
Deposit Growth5
In the past year, Numerica Credit Union has increased its total deposits by $59.31 million, resulting in 6.48% 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 Numerica Credit Union has shown is excellent.
Capitalization4
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. Numerica Credit Union has $1.14 billion in assets with $124.65 million in equity, resulting in a capitalization level of 10.95%, which is above average.
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Home Mortgage Service Is Terrible
1 stars - Unhappy - Friday, May 11, 2012 - 5:41 PM

My daughter had nearly $30,000 on deposit with Numerica.  When she applied for a mortgage there--with 20% down and excellent credit--Numerica still required a co-borrower before they'd give her a conventional loan.  They said it was because she was recently out of college and hadn't been on her job long enough.  She went to another lender, which closed her loan on time and with no fuss.  I guess the job thing really wasn't really the issue . . .

She was a bank's dream applicant, yet they still found a reason to send one of their own deposit customers to another institution.

My experience helping her apply for a mortgage with Numerica was painful.  When you call them you get a phone tree, and when you finally get through to your party, they don't call you back.

Stay away from Numerica's home loan center!  They don't want your business, and they let you know it!

3

Don't Bother...
1 stars - Hiriqnu - Tuesday, March 1, 2011 - 4:10 PM

This bank reeks of the "small town feel" but is in fact just a wolf in sheep's clothing. Our business has banked with all of the big boys in the past BofA, Wells, Citi, all of them. We opened an account with Numerica in CDA in an effort to get the small town treatment and not be lost in the ocean of a big bank. Well, FAIL. This CU has been nothing but problems, stupidity, adversarial attitudes, and incompetence. WAY worse than any big bank, we actually pined to return to Wells. We finally had the final straw and moved to Bank CDA...now those are the folks you are looking for! Great service, really puts Numerica to shame. Just one example of MANY with Numerica: the TELLER MANAGER told my daughter she could not cash a check made out to cash because...get this..."her name was not cash"!!! This was the freaking manager!! Don't bother with these jokers. Big time FAIL. Worst CU ever  IMO.

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