Overview / Commentary
Blue Mountain Credit Union is headquartered in College Place and is the 65th largest credit union in the state of Washington. It is also the 2,699th largest credit union in the nation. It was established in 1959 and as of December of 2019, it had grown to 7 employees and 3,693 members at 1 location. Blue Mountain Credit Union has a B+ health rating.
Field of Membership Restrictions
Blue Mountain Credit Union is open to: (1) those who live, work, worship, or go to school in the State of Washington; (2) employees of the City of College Place, Andy's Market, Elsom Roofing, Wheatland Village, Qual Run Retirement Community; (3) Seventh-day Adventists living in the North Pacific Union Conference; and (4) immediate family of current BMCU members.
See current membership details
Health
B+
Data as of Q4 2019
Learn why bank health mattersAdditional 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. Blue Mountain Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68280 |
| Year Chartered | 1959 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 5.45% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $34.6MM$34.0MM |
| Loans | Q4 2019vs Q4 2018 | $21.0MM$21.8MM |
| Deposits | Q4 2019vs Q4 2018 | $29.9MM$29.8MM |
| Equity Capital | Q4 2019vs Q4 2018 | $4.6MM$4.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $313.00K$372.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $98.00K$84.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |