Overview / Commentary
Cascade Federal Credit Union is headquartered in Kent and is the 28th largest credit union in the state of Washington. It is also the 901st largest credit union in the nation. It was established in 1952 and as of December of 2022, it had grown to 35 employees and 10,751 members at 5 locations. Cascade Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Cascade Federal Credit Union is open to employees of Accell North America, Chemithon, IKEA, Frito-Lay, Seattle's Best Coffee, Trident Seafoods, Better Homes & Gardens or any one of the nearly one hundred select employer groups.
See current membership details
Health
B+
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 7748 |
| Year Chartered | 1952 |
| Employees | 35 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.95% |
| Return on Equity - YTD | 14.41% |
| Annual Interest Income | $7.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $354.5MM$359.1MM |
| Loans | Q4 2022vs Q4 2021 | $139.2MM$110.6MM |
| Deposits | Q4 2022vs Q4 2021 | $324.9MM$316.0MM |
| Equity Capital | Q4 2022vs Q4 2021 | $23.2MM$42.7MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $322.00K$220.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $642.00K$69.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |