Connection Credit Union

Overview / Commentary
10200 Silverdale Way NW
Silverdale, WA 98383

Connection Credit Union is headquartered in Silverdale and is the 64th largest credit union in the state of Washington. It is also the 2,667th largest credit union in the nation. It was established in 1958 and as of March of 2022, it had grown to 10 employees and 3,418 members at 1 location. Connection Credit Union has a B+ health rating.

Field of Membership Restrictions

Connection CU of Washington is open to Kitsap County residents, church members, registered students, and anyone that works there, as well as employees, retirees, and associates that fall under the original FOM and all of the site defined adaptations.
See current membership details


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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. Connection Credit Union has a low asset base.

Health Grade Components

NCUA #68254
Year Chartered1958
Primary Regulator
Profit Margin
Return on Assets - YTD1.54%
Return on Equity - YTD14.5%
Annual Interest Income$376.00K
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$43.3MM$36.5MM
LoansQ1 2022vs Q1 2021$29.9MM$26.9MM
DepositsQ1 2022vs Q1 2021$38.6MM$32.7MM
Equity CapitalQ1 2022vs Q1 2021$4.5MM$3.8MM
Loan Loss AllowanceQ1 2022vs Q1 2021$151.00K$241.00K
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$9.00K$110.00K
Real Estate OwnedQ1 2022vs Q1 2021$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.

Connection Credit Union Savings Account Rates

1.06%$50-IRA Share Savings
0.05%$25-Regular Share Savings
0.05%$5-Youth Share Savings
0.05%--Star Savings
0.05%$25-Business Savings
0.05%$25-Organization Savings

Connection Credit Union Money Market Rates

5.12%*-$750Youth Money Market
OTHER TIERS: 0.15% $750+
0.15%$2.5k-Money Market

Connection Credit Union CD Rates

0.40%$1k-36 Month Share Certificate
0.30%$1k-24 Month Share Certificate
0.20%$1k-12 Month Share Certificate
0.15%$1k-6 Month Share Certificate

Connection Credit Union Locations
Branch Office10200 Silverdale Way NWSilverdale, WA 98383

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