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509-326-1954
1620 N Signal Dr
Liberty Lake, WA 99019

Spokane Teachers Credit Union is headquartered in Liberty Lake and is the 3rd largest credit union in the state of Washington. It is also the 94th largest credit union in the nation. It was established in 1934 and as of December of 2013, it had grown to 494 employees and 121,317 members. Spokane Teachers Credit Union's savings rates are 10X the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

If you live, work, worship, or go to school in the state of Washington or in Bonner or Kootenai counties in Idaho, you are eligible to join STCU. - See Details

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Top 30-Month CD Rate at STCU in WA and Parts of ID - 11/19/2013

It’s hard to beat PenFed’s CD deal , but Spokane Teachers Credit Union (STCU) has come out with a CD that’s even better. The rate is the same, but the term is a little shorter. STCU’s CD is called the ...



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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 Spokane Teachers Credit Union had $6.76 million in non-current loans and owned real-estate with $209.51 million in equity and loan loss allowances on hand to cover it. This gives Spokane Teachers Credit Union a Texas Ratio of 3.23% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Spokane Teachers Credit Union decreased slightly from 4.45% as of December 31, 2012 to 3.23% as of December 31, 2013, resulting in a positive change of 27.52%.This indicates that the balance sheet and financial strength for Spokane Teachers Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Spokane Teachers Credit Union has increased its total deposits by $88.5 million, resulting in 6.27% 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 Teachers 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. Spokane Teachers Credit Union has $1.85 billion in assets with $209.51 million in equity, resulting in a capitalization level of 11.35%, which is excellent.

Institution Statistics

Overall
NCUA #68203
Year Chartered1934
Employees494
Primary Regulator
Assets and Liabilities
Assets$1.85 billion
Loans$1.54 billion
Deposits$1.50 billion
Equity Capital$198.38 million
Loan Loss Allowance$11.12 million
Unbacked Noncurrent Loans$5.21 million
Real Estate Owned$1.55 million
Historic Data - December 2012
Assets$1.71 billion
Equity Capital$185.79 million
Loan Loss Allowance$10.20 million
Unbacked Noncurrent Loans$5.21 million
Real Estate Owned$3.67 million
Profit Margin - Quarterly
Net Interest Margin3.92%
Return on Assets0.96%
Return on Equity8.95%
Interest Income$72.44 million
Rates

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Spokane Teachers Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
5.09%-$500First5 Savings
0.55%--Christmas Savings
0.50%$6k-IRA Savings
0.50%$6k-Roth IRA Savings
0.50%$6k-SEP IRA Savings
0.15%--Standard Savings
0.15%--Business Savings

Spokane Teachers Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$50k-STCU Money Market
0.35%$50k-STCU Business Money Market

Spokane Teachers Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.25%$25k-Business Plus Checking
0.25%$25k-Dividend Checking

Spokane Teachers Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.71%$2k-5 Year Certificate
1.51%$25k-30 Month President's Premium Certificate
1.31%$100k-48-60 Month Certificate
1.21%$100k-36-48 Month Certificate
1.11%$100k-24-36 Month Certificate
0.70%$2k-15-30 Month Deferred Earnings Certificate
0.60%$2k-12-24 Month Certificate
0.35%$2k-6-12 Month Certificate
0.30%$98k-1-3 Month Jumbo Certificate

Spokane Teachers Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.71%$2k-5 Year IRA Certificate (Traditional,SEP,Roth)
1.31%$100k-48-60 Month IRA Certificate (Traditional,Roth,SEP)
1.21%$100k-36-48 Month IRA Certificate (Traditional,Roth,SEP)
1.11%$100k-24-36 Month IRA Certificate (Traditional,Roth,SEP)
0.60%$2k-12-24 Month IRA Certificate (Traditional,Roth,SEP)
0.35%$2k-6-12 Month IRA Certificate (Traditional,Roth,SEP)
Locations

Spokane Teachers Credit Union has 17 locations. Click to view all Spokane Teachers Credit Union locations.