Cheney Federal Credit Union

Overview / Commentary
520 1St St
Cheney, WA 99004

Cheney Federal Credit Union is headquartered in Cheney and is the 36th largest credit union in the state of Washington. It is also the 1,469th largest credit union in the nation. It was established in 1951 and as of December of 2023, it had grown to 16 employees and 6,352 members at 2 locations. Cheney Federal Credit Union's CD rates are 4X 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 Grade Components

NCUA #7101
Year Chartered1951
Primary Regulator
Profit Margin
Return on Assets - YTD-0.03%
Return on Equity - YTD-0.3%
Annual Interest Income$3.9MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$151.2MM$149.4MM
LoansQ4 2023vs Q4 2022$75MM$70.9MM
DepositsQ4 2023vs Q4 2022$136.7MM$135.2MM
Equity CapitalQ4 2023vs Q4 2022$13MM$13MM
Loan Loss AllowanceQ4 2023vs Q4 2022$132K$152K
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$43K$82K
Real Estate OwnedQ4 2023vs Q4 2022$0$0
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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

0.95%*$50k*-Super Saver Share Account
OTHER TIERS: 0.35% $5 - $2.5k | 0.60% $2.5k - $5k | 0.75% $5k - $25k | 0.85% $25k - $50k
0.50%$5-IRA Share Savings
0.35%$20-Regular Share Savings
0.35%$5-All Kid's Club Accounts
0.35%$5-Holiday Club Account

Cheney Federal Credit Union Checking Account Rates

0.10%$500-Share Draft Checking

Cheney Federal Credit Union CD Rates

3.55%$500-6 Month Share Certificate
3.55%$50k-6 Month Super Share Certificate
3.29%$50k-12 Month Super Share Certificate
3.29%$50k-18 Month Super Share Certificate
3.29%$50k-24 Month Super Share Certificate
3.04%$500-12 Month Share Certificate
3.04%$500-18 Month Share Certificate
3.04%$500-24 Month Share Certificate
3.04%$500-36 Month Bump Rate Share Certificate
3.04%$50k-36 Month Bump Rate Super Share Certificate

Cheney Federal Credit Union IRA Rates

3.04%$2k-18 Month IRA Share Certificate
3.04%$2k-36 Month IRA Share Certificate
3.04%$2k-48 Month IRA Share Certificate
3.04%$2k-60 Month IRA Share Certificate

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

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