Spokane Media Credit Union is headquartered in Spokane and is the 92nd largest credit union in the state of Washington. It is also the 4,455th largest credit union in the nation. It was established in 1938 and as of March of 2014, it had grown to 4 employees and 1,235 members. Spokane Media Credit Union has a C health rating.
Must be an employee of one of the several select groups comprised of primarily media related organizations. - See Details
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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 Spokane Media Credit Union had $0 in non-current loans and owned real-estate with $800,000 in equity and loan loss allowances on hand to cover it. This gives Spokane Media Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
In the past year, Spokane Media Credit Union has decreased its total deposits by -$1.24 million, resulting in -11.53% 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 Spokane Media Credit Union has shown is poor.
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. Spokane Media Credit Union has $10.27 million in assets with $800,000 in equity, resulting in a capitalization level of 7.79%, which is below average.
|Assets and Liabilities|
|Loan Loss Allowance||$21,000|
|Real Estate Owned||$0|
|Historic Data - March 2013|
|Loan Loss Allowance||$25,000|
|Unbacked Noncurrent Loans||$0|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||1.28%|
|Return on Assets||0%|
|Return on Equity||0%|
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|0.25%||$1k||-||180 Day CD|
|0.25%||$1k||-||1 Year CD|
|0.30%||$1k||-||1 Year IRA|
|Spokane Media Credit Union Locations|
|Branch Office||9001 E Euclid Ave||Spokane Valley, WA 99212|
|Branch Office||901 W Riverside Ave||Spokane, WA 992011006|