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P.O. Box 35
Enumclaw, WA 98022

White River CU (WA) is headquartered in Enumclaw and is the 47th largest credit union in the state of Washington. It is also the 2,158th largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 18 employees and 5,998 members. White River CU (WA) has a A health rating.

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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. White River CU (WA) has a relatively 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 White River CU (WA) had $166,000 in non-current loans and owned real-estate with $8.18 million in equity and loan loss allowances on hand to cover it. This gives White River CU (WA) a Texas Ratio of 2.03% 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 White River CU (WA) decreased dramatically from 7.56% as of December 31, 2012 to 2.03% as of December 31, 2013, resulting in a positive change of 73.18%.This indicates that the balance sheet and financial strength for White River CU (WA) has improved dramatically in recent periods.

Deposit Growth


In the past year, White River CU (WA) has increased its total deposits by $1.15 million, resulting in 2.48% 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 White River CU (WA) 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. White River CU (WA) has $55.51 million in assets with $8.18 million in equity, resulting in a capitalization level of 14.74%, which is excellent.

Institution Statistics

NCUA #67201
Year Chartered1952
Primary Regulator
Assets and Liabilities
Assets$55.51 million
Loans$24.36 million
Deposits$47.55 million
Equity Capital$7.85 million
Loan Loss Allowance$338,000
Unbacked Noncurrent Loans$166,000
Real Estate Owned$0
Historic Data - December 2012
Assets$53.27 million
Equity Capital$6.81 million
Loan Loss Allowance$623,000
Unbacked Noncurrent Loans$166,000
Real Estate Owned$181,000
Profit Margin - Quarterly
Net Interest Margin6.43%
Return on Assets1.87%
Return on Equity13.24%
Interest Income$1.86 million

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White River CU (WA) Locations
Branch Office1499 Garrett StEnumclaw, WA 98022