America's Credit Union is headquartered in Dupont and is the 22nd largest credit union in the state of Washington. It is also the 550th largest credit union in the nation. It was established in 1954 and as of September of 2020, it had grown to 153 employees and 40,466 members at 12 locations. America's Credit Union 's money market rates are 14% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in America's Credit Union is open to anyone through joining the Pacific Northwest Consumer Council. Membership is also open to the following: 1) anyone living the the northwestern region of the United States; 2) to active, retired, and reservists of the Armed Forces; 3) members of the Association of the United States Army.
See current membership details
Related Posts
8/9/11 - $100 Checking Account Bonus at America's Credit Union
12/3/10 - Competitive CD Rates at America's Credit Union in WA - Easy Membership
9/25/09 - 3.00% 25-Month CD & 2.50% 13-Month CD with Add-On Feature at America's Credit Union - Easy Membership
2/14/09 - 4.00% 7-Month Add-On CD at America's Credit Union in WA - Easy Membership
10/25/08 - 5.00% 24-Month / 4.50% 13-Month CD at America's Credit Union - Easy Membership
6/18/06 - $75 Checking Account Bonus at a Washington State CU (open to all)
1/27/06 - $75 Checking Account Bonus at CU Open to All
Indexed CD Available
ACU is a good credit union. Am posting because they make available a two year CD indexed to the two year Treasury Bill. Certificates of deposit indexed to Federal interest rates are few and far between. This is a nice offering for those interested in indexed CDs.
Great Bank Experience!
Anytime I need to pull out money or deposit money from America's Credit Union they greet me with a smile and thank me for coming to the bank politely asking what I need. I never have any problems and if I am not sure what I need to write out on the slip or what I need they are extremely informative and always help me out! Their online experience is great and very easy to maneuver. I would suggest anyone looking for a bank try out America's Credit Union because you will not be disappointed, this bank does everything a bank should and more!!
Affinity Checking Not Worth It
I originally opened my account for the 5% on $1,000 Affinity Checking. I realize that's only about $50 a year but for what I was using the account for it was worth it. The requirements at the time were 10 debit card transactions, 2 bill payments, e-statements, and direct deposit. The website wasn't that great but you could see pending transactions and get all your account information.
This was my small transactions account that I had several things setup to autopay and it worked out well. Then they started making a lot of changes that I didn't like. For starters, they ended the cash back credit card program when the switched to EMV cards. However, you didn't automatically get an EMV card, you have to reapply to get one otherwise you just have your old credit card. When they switched to EMV cards, if you weren't careful they were going to charge you for a replacement debit card as the first one is supposed to be free. I never got the replacement in the mail and when I called to get a replacement the first time they were going to charge me. I had to call back 2 more time in order to speak to someone so that I wouldn't get charged.
While they have updated the website and it's much nicer, the requirements for the Affinity Checking are no-longer worth it. They want you to keep $15k in bank deposits but will only give you the 5% on the first $1k in the checking. You also need $500 in direct deposits in addition to e-Statements and 10 PoS transaction. Their deposit rates aren't work keeping $15k at the bank so you are better off looking else where.
Many other credit unions have better rates (deposits & loans) in addition to the rewards checking account.
ACU Review - 5 Stars
I have been with America's Credit Union for about 5 years now, and couldn't be happier. I switched from Well's Fargo due to a dispute over account fees and monthly charges due to the way the accounts were setup. I would constantly have to go into the local branch to fix something in person, and even then I left confused/unresolved half the time. After a few weeks of research and looking at options I decided I wanted to go with a credit union not bank, and ACU was the choice I went with.
With ACU those fees are gone, including overdraft protection fees (as long as I maintain X balance). Everything is simple and pain free. Albeit I don't have a location near me to visit in person, I have never had an issue I couldn't solve with a simple phone call (which I did have to do when it came to transferring to a different bank account directly/setting up a monthly auto-pay, and also there were some issues setting up direct deposit).
Data as of Q3 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 9373 |
| Year Chartered | 1954 |
| Employees | 153 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.11% |
| Return on Equity - YTD | 1.43% |
| Annual Interest Income | $16.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $617.7MM$568.2MM |
| Loans | Q3 2020vs Q3 2019 | $421.9MM$439.8MM |
| Deposits | Q3 2020vs Q3 2019 | $559.2MM$504.6MM |
| Equity Capital | Q3 2020vs Q3 2019 | $47.4MM$47.0MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $6.3MM$5.1MM |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $940.00K$2.6MM |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$186.00K |
