Columbia Credit Union (WA)
Columbia Credit Union (WA) is headquartered in Vancouver and is the 9th largest credit union in the state of Washington. It is also the 196th largest credit union in the nation. It was established in 1952 and as of December of 2018, it had grown to 288 employees and 98,256 members at 12 locations. Columbia Credit Union (WA) has an A+ health rating.
Field of Membership Restrictions
Membership in Columbia Credit Union is open to those who live or work in the state of Washington or in the Oregon counties of Clackamas, Marion, Multnomah or Washington. Family members of membership-eligible individuals also qualify for membership.
See current membership details
Related Posts
10/10/08 - 4.50% 17-Month CD at Columbia Credit Union in Washington State
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7/21/06 - 5% Money Market Account and $85 in Bonuses at a Washington State CU
Overall Great Experiance
I switched to Columbia Credit Union from a mainstream bank several years ago and have been very happy with it. The service is great, and I never have to wait long to talk to anyone, and I never pay any fees for my accounts. Their website has greatly improved recently and so has they're mobile app. Sometimes I have issues linking my account to some e-commerce sites like PayPal and Amazon, but I've always been able to get that resolved by contacting that services customer service. Plus, it feels good to keep my money in the local economy.
Overdraft fees
I had banked with Columbia Credit Union since I was a kid. My dad set up an account for me when I was little and stayed with them after I got my first job. I had always been happy until I accidentally over drafted my account. I am familiar with overdraft fees and since it was my mistake I was fine paying a reasonable fee, but this was not the case. When I checked my statement I realized that they had double charged me an overdraft fee for only one transaction. I though it was a mistake so I called the bank and they refused to refund one of the fees. The overdraft purchase was at a store that ran my debit card as a credit. Which means that I got and over draft fee when the pending transaction went through. Then again when the actual funds were withdrawn. I thought that this was ridiculous. I was so angry after speaking with a bank representative that I drove to the bank, closed all my accounts and switched to a different credit union.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68186 |
| Year Chartered | 1952 |
| Employees | 288 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.09% |
| Return on Equity - YTD | 9.65% |
| Annual Interest Income | $52.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.51B$1.31B |
| Loans | Q4 2018vs Q4 2017 | $1.27B$1.08B |
| Deposits | Q4 2018vs Q4 2017 | $1.31B$1.11B |
| Equity Capital | Q4 2018vs Q4 2017 | $168.0MM$152.3MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $9.1MM$7.9MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $3.7MM$2.9MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$45.00K |
Rates for Columbia Credit Union (WA) are currently being reviewed.
