Overview / Commentary
509-235-6533
520 1ST ST
Cheney, WA 99004-1603

Cheney Federal Credit Union is headquartered in Cheney and is the 41st largest credit union in the state of Washington. It is also the 1,630th largest credit union in the nation. It was established in 1951 and as of June of 2018, it had grown to 17 employees and 5,525 members at 2 locations. Cheney Federal Credit Union's CD rates are 96% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Cheney Federal Credit Union membership is open to those who live, work, worship or attend school in the Medical Lake or Cheney school districts or is an immediate family member of a current credit union member.
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Health
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. Cheney Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #7101
Year Chartered1951
Employees17
Primary Regulator
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD2.09%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$98.6MM$95.0MM
LoansQ2 2018vs Q2 2017$47.9MM$40.6MM
DepositsQ2 2018vs Q2 2017$87.1MM$83.9MM
Equity CapitalQ2 2018vs Q2 2017$10.4MM$10.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$186.00K$192.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$245.00K$273.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cheney Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$50k*-Super Saver Share Account
OTHER TIERS: 0.20% $5 - $2.5k | 0.30% $2.5k - $5k | 0.35% $5k - $25k | 0.40% $25k - $50k
0.50%$5-IRA Share Savings
0.20%$20-Regular Share Savings
0.20%$5-All Kid's Club Accounts
0.20%$5-Holiday Club Account

Cheney Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$500-Share Draft Checking

Cheney Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.52%$500-36 Month Bump Rate Share Certificate
2.52%$50k-36 Month Bump Rate Super Share Certificate
2.32%$50k-24 Month Super Share Certificate
2.02%$500-24 Month Share Certificate
2.02%$50k-18 Month Super Share Certificate
1.76%$500-18 Month Share Certificate
1.76%$50k-12 Month Super Share Certificate
1.51%$500-12 Month Share Certificate
1.31%$50k-6 Month Super Share Certificate
0.80%$500-6 Month Share Certificate

Cheney Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.16%$2k-60 Month IRA Share Certificate
2.12%$2k-48 Month IRA Share Certificate
1.91%$2k-36 Month IRA Share Certificate
1.61%$2k-18 Month IRA Share Certificate
Locations


Cheney Federal Credit Union Locations
Branch Office520 1ST STCheney, WA 99004-1603
Branch Office10505 W Westbow BlvdSpokane, WA 99224-7434

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