American Lake Credit Union

Overview / Commentary

www.americanlake.org

253-284-1512

9802 Gravelly Lake Dr SW
Lakewood, WA 98499

American Lake Credit Union is headquartered in Lakewood and is the 51^st largest credit union in the state of Washington. It is also the 2,048^th largest credit union in the nation. It was established in 1948 and as of September of 2019, it had grown to 19 employees and 5,840 members at 4 locations. American Lake Credit Union's CD rates are 56% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

American Lake CU is open to anyone who lives in a Washington State school district, works or volunteers at Tacoma VA Medical Center, all military employees whether they are current or retired including Washington State Air and Army National Guard, employees at Camp Murray, American Lake VA Medical Center health care recipients of any service branch and any family members of current CU members.
See current membership details

Reviews (1)

Write a Review

DO NOT USE THIS CREDIT UNION

Posted by: Ron | Nov 19, 2011

STAY AWAY FROM AMERICAN LAKE CREDIT UNION AT AMERICAN LAKE V.A.

I OPENED A SAVINGS ACCOUNT THERE NOT A CHECKING ACCOUNT, MONTHS LATER I RECIEVED A LETTER FROM THEM ASKING ME IF I CLOSED MY ACCOUNT I TOOK THE LETTER IN TO THEM AND WAS TOLD THAT THEY CLOSED MY ACCOUNT BECAUSE IT WAS DORMENT ( REMEMBER ITS A SAVINGS ACCOUNT) AND THEY KEPT MY MONEY -THIS CREDIT UNION DOES NOT CARE IF YOUR A VETERN ALL THEY WANT IS YOUR MONEY ( THE AMOUNT WAS FIVE DOLLARS IF THEY WILL TAKE A VETERNS FIVE DOLLARS WHAT WILL THEY TAKE FROM YOU IF YOU LET THEM. THE INFO BELOW IS TRUE BECAUSE WHEN THEY TAKE YOUR MONEY AND DON NOT HAVE TO GIVE IT BACK IT MAKES THEM LOOK BETTER AND THE ARE NOT 5 STAR !!

Ronald Brown.

'

American Lake Credit Union is headquartered in Tacoma and is the 59th largest credit union in the state of Washington. It is also the 2,316st largest credit union in the nation. It was established in 1948 and as of June of 2011, it had grown to 15 employees and 5,624 members. American Lake Credit Union's savings rates are 4X the national average, and it boasts a 5-star health rating.

Comment

Health

B+

Data as of Q3 2019

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. American Lake Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	68371
Year Chartered	1948
Employees	19
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.1%
Return on Equity - YTD	-0.76%
Annual Interest Income	$2.0MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$65.7MM$67.5MM
Loans	Q3 2019vs Q3 2018	$32.3MM$33.8MM
Deposits	Q3 2019vs Q3 2018	$56.3MM$57.9MM
Equity Capital	Q3 2019vs Q3 2018	$8.7MM$8.9MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$551.00K$541.00K
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$391.00K$814.00K
Real Estate Owned	Q3 2019vs Q3 2018	$0$0

Rates

Skip to rates for:

Savings
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not American Lake Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

American Lake Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.00%	$5	$5k	Holiday Shares
0.35%^*	$5k^*	-	Money Plus Shares
OTHER TIERS: 0.05% → Up to $5k
0.15%	$5	-	IRA Shares
0.05%	$5	-	Regular Shares

American Lake Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%^*	$5k^*	-	Money Plus Drafts Account
OTHER TIERS: 0.05% → Up to $5k
0.05%	$1k	-	Regular Drafts Account

American Lake Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.80%^*	$10k^*	-	5 Year Certificate
OTHER TIERS: 1.70% → $500 - $10k
1.65%^*	$100k^*	-	2 Year Certificate
OTHER TIERS: 1.35% → $500 - $10k \| 1.45% → $10k - $50k \| 1.55% → $50k - $100k
1.55%^*	$100k^*	-	2 Year Certificate - Bump Feature
OTHER TIERS: 1.35% → $10k - $50k \| 1.45% → $50k - $100k
1.40%^*	$100k^*	-	1 Year Certificate
OTHER TIERS: 1.00% → $500 - $10k \| 1.15% → $10k - $50k \| 1.30% → $50k - $100k
1.35%^*	$10k^*	-	3 Year Certificate
OTHER TIERS: 1.34% → $500 - $10k
1.30%^*	$100k^*	-	1 Year Certificate - Bump Feature
OTHER TIERS: 1.05% → $10k - $50k \| 1.20% → $50k - $100k
1.00%	$100	-	6 Month Verterans Family Fund Certificate
0.75%^*	$50k^*	-	6 Month Certificate
OTHER TIERS: 0.55% → $500 - $10k \| 0.65% → $10k - $50k
0.25%	$500	-	3 Month Certificate

American Lake Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.60%	$10k	-	5 Year IRA Certificate - HB
1.60%	$10k	-	5 Year IRA Certificate with Loan
1.55%	$500	$10k	30 Month IRA Certificate
1.50%	$500	-	5 Year IRA Certificate
1.45%	$10k	-	18 Month IRA Certificate - HB
1.45%	$10k	-	18 Month IRA Certificate with Loan
1.00%	$10k	-	30 Month IRA Certificate - HB
1.00%	$10k	-	30 Month IRA Certificate with Loan
0.70%	$500	$10k	18 Month IRA Certificate

Locations

American Lake Credit Union Locations
Branch Office	9900 Veterans Dr SW	Tacoma, WA 98493-0001
Branch Office	803 E Portland Ave	Tacoma, WA 98421-3002
Corporate Office	9802 Gravelly Lake Dr SW	Lakewood, WA 98499-1704
Branch Office	5146 Camp Murray	Tacoma, WA 98430-5146

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.