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Overview / Commentary
526 W Cedar St
Shelton, WA 98584

Our Community Credit Union is headquartered in Shelton and is the 26th largest credit union in the state of Washington. It is also the 717st largest credit union in the nation. It was established in 1941 and as of March of 2014, it had grown to 92 employees and 25,947 members. Our Community Credit Union's savings rates are 94% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Must live, work or attend school in the State of Washington. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Our Community Credit Union had $659,000 in non-current loans and owned real-estate with $36.58 million in equity and loan loss allowances on hand to cover it. This gives Our Community Credit Union a Texas Ratio of 1.80% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Our Community Credit Union decreased dramatically from 2.87% as of March 31, 2013 to 1.80% as of March 31, 2014, resulting in a positive change of 37.27%.This indicates that the balance sheet and financial strength for Our Community Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Our Community Credit Union has increased its total deposits by $1.5 million, resulting in 0.61% 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 Our Community Credit Union has shown is above average.



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. Our Community Credit Union has $287.76 million in assets with $36.58 million in equity, resulting in a capitalization level of 12.71%, which is excellent.

Institution Statistics

NCUA #68609
Year Chartered1941
Primary Regulator
Assets and Liabilities
Assets$287.77 million
Loans$117.05 million
Deposits$245.24 million
Equity Capital$34.70 million
Loan Loss Allowance$1.88 million
Unbacked Noncurrent Loans$608,000
Real Estate Owned$51,000
Historic Data - March 2013
Assets$283.44 million
Equity Capital$32.28 million
Loan Loss Allowance$1.77 million
Unbacked Noncurrent Loans$608,000
Real Estate Owned$288,000
Profit Margin - Quarterly
Return on Assets0.57%
Return on Equity4.73%
Interest Income$2.78 million
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Our Community Credit Union Savings Account Rates

1.01%$50-IRA Savings
1.01%$50-Roth IRA Savings
1.01%$50-Education IRA Savings
0.30%$10k-Basic Savings

Our Community Credit Union Checking Account Rates

0.40%$100k-Checking Account

Our Community Credit Union CD Rates

1.31%$1k-4 Year Share Certificate
0.81%$1k-3 Year Share Certificate
0.65%$1k-2 Year Share Certificate
0.50%$1k-1 Year Launch Savings Certificate
0.40%$1k-1 Year Share Certificate
0.30%$1k-6 Month Share Certificate

Our Community Credit Union IRA Rates

1.31%$1k-4 Year IRA Certificate
0.81%$1k-3 Year IRA Certificate
0.65%$1k-2 Year IRA Certificate
0.40%$1k-1 Year IRA Certificate
0.30%$1k-6 Month IRA Certificate

Our Community Credit Union Locations
Branch Office306 S 7th Street PO BOX 618Elma, WA 98541
Branch Office320 E Dalby Rd Ste AUnion, WA 98592
Branch Office211 E Pioneer Ave STE BMontesano, WA 98563
Branch Office526 W Cedar StShelton, WA 98584
Branch Office2948 Olympic Hwy NShelton, WA 98584
Branch Office424 W Simpson AveMcCleary, WA 98557