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Overview / Commentary
509-884-7141
P.O. Box 2134
Wenatchee, WA 98807

Wenatchee Valley Credit Union is headquartered in WENATCHEE and is the 72nd largest credit union in the state of Washington. It is also the 2,997th largest credit union in the nation. It was established in 1954 and as of December of 2013, it had grown to 12 employees and 4,877 members. Wenatchee Valley Credit Union has a B health rating.

Field of Membership Restrictions

Must live or work within the Eastmont, Wenatchee, Cashmere or Leavenworth school district boundaries. - See Details

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Health

Data for Q4 2013

Institution Health

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

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 Wenatchee Valley Credit Union had $210,000 in non-current loans and owned real-estate with $2.72 million in equity and loan loss allowances on hand to cover it. This gives Wenatchee Valley Credit Union a Texas Ratio of 7.71% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Wenatchee Valley Credit Union experienced no significant changes from 7.81% as of December 31, 2012 to 7.71% as of December 31, 2013, resulting in a positive change of 1.26%.This indicates that the balance sheet and financial strength for Wenatchee Valley Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Wenatchee Valley Credit Union has increased its total deposits by $746,000, resulting in 2.96% 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 Wenatchee Valley Credit Union has shown is above average.

Capitalization

GRADE:
B

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. Wenatchee Valley Credit Union has $28.64 million in assets with $2.72 million in equity, resulting in a capitalization level of 9.51%, which is above average.

Institution Statistics

Overall
NCUA #9098
Year Chartered1954
Employees12
Primary Regulator
Assets and Liabilities
Assets$28.64 million
Loans$16.88 million
Deposits$25.98 million
Equity Capital$2.63 million
Loan Loss Allowance$91,000
Unbacked Noncurrent Loans$210,000
Real Estate Owned$0
Historic Data - December 2012
Assets$27.96 million
Equity Capital$2.60 million
Loan Loss Allowance$138,000
Unbacked Noncurrent Loans$210,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.31%
Return on Assets0.22%
Return on Equity2.43%
Interest Income$1.15 million
Rates

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Wenatchee Valley Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$250-Share Account

Wenatchee Valley Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$50k-Money Market Account

Wenatchee Valley Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$250-First Class Checking Account

Wenatchee Valley Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$500-36 Month CD
0.65%$500-18 Month CD
0.40%$500-12 Month CD
0.35%$500-9 Month CD
0.30%$500-6 Month CD
0.15%$300-3 Month CD

Wenatchee Valley Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.65%--18 Month IRA
0.40%--12 Month IRA
Locations


Wenatchee Valley Credit Union Locations
Branch Office636 Valley Mall Pkwy Ste 8East Wenatchee, WA 98802