Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
P.O. Box 339
Port Angeles, WA 98362

Strait View Credit Union is headquartered in Port Angeles and is the 59th largest credit union in the state of Washington. It is also the 2,352nd largest credit union in the nation. It was established in 1939 and as of December of 2013, it had grown to 10 employees and 6,990 members. Strait View Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live or work in Clallam County. - See Details

No reviews have been left for this bank yet. Be the first to review.


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Strait View Credit Union has a low asset base.

Texas Ratio


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 Strait View Credit Union had $181,000 in non-current loans and owned real-estate with $4.79 million in equity and loan loss allowances on hand to cover it. This gives Strait View Credit Union a Texas Ratio of 3.78% 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 Strait View Credit Union experienced no significant changes from 2.60% as of December 31, 2012 to 3.78% as of December 31, 2013, resulting in a negative change of 45.08%. This indicates that the balance sheet and financial strength for Strait View Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Strait View Credit Union has increased its total deposits by $2.74 million, resulting in 6.92% 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 Strait View Credit Union has shown is excellent.



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. Strait View Credit Union has $46.84 million in assets with $4.79 million in equity, resulting in a capitalization level of 10.23%, which is above average.

Institution Statistics

NCUA #68231
Year Chartered1939
Primary Regulator
Assets and Liabilities
Assets$46.84 million
Loans$22.24 million
Deposits$42.28 million
Equity Capital$4.65 million
Loan Loss Allowance$140,000
Unbacked Noncurrent Loans$181,000
Real Estate Owned$0
Historic Data - December 2012
Assets$43.66 million
Equity Capital$4.18 million
Loan Loss Allowance$123,000
Unbacked Noncurrent Loans$181,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin5.59%
Return on Assets0.9%
Return on Equity9.03%
Interest Income$1.38 million
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Strait View Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Strait View Credit Union Savings Account Rates

0.50%--IRA Savings
0.20%--Open End Savings
0.10%--Regular Shares
0.10%--Holiday Savings
0.10%--Vacation Savings
0.10%--Sub Savings

Strait View Credit Union CD Rates

1.00%$1k-3 Year CD
0.75%$1k-2 Year CD
0.50%$1k-1 Year CD
0.35%$500-6 Month CD

Strait View Credit Union Locations
Branch Office220 S Lincoln StPort Angeles, WA 98362-3003
Branch Office2101 Rexford Rd Ste 350ECharlotte, NC 28211-3493