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Overview / Commentary
10200 Silverdale Way NW
Silverdale, WA 98383

Connection Credit Union is headquartered in Silverdale and is the 69th largest credit union in the state of Washington. It is also the 2,965th largest credit union in the nation. It was established in 1958 and as of June of 2016, it had grown to 11 employees and 3,987 members at 3 locations. 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.
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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 - YTD0%
Return on Equity - YTD0%
Annual Interest Income$851.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$29.0MM$26.9MM
LoansQ2 2016vs Q2 2015$21.5MM$22.0MM
DepositsQ2 2016vs Q2 2015$25.0MM$22.9MM
Equity CapitalQ2 2016vs Q2 2015$3.8MM$3.8MM
Loan Loss AllowanceQ2 2016vs Q2 2015$380.00K$335.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$267.00K$194.00K
Real Estate OwnedQ2 2016vs Q2 2015$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%--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: 0.10% $750+
0.10%$2,500-Money Market

Connection Credit Union CD Rates

0.25%$1k-12 Month Share Certificate
0.20%$1k-9 Month Share Certificate
0.15%$1k-6 Month Share Certificate

Connection Credit Union Locations
Branch Office10200 Silverdale Way NWSilverdale, WA 98383
Branch Office911 Park AveBremerton, WA 98337-1550
Branch Office1026 Sidney Ave Room 145Port Orchard, WA 98366