iQ Credit Union is headquartered in Vancouver and is the 14th largest credit union in the state of Washington. It is also the 243rd largest credit union in the nation. It was established in 1940 and as of June of 2024, it had grown to 346 employees and 104,066 members at 24 locations. iQ Credit Union has a B health rating.
Field of Membership Restrictions
Membership in iQ Credit Union is open to anyone who lives or works within the state of Oregon through joining the Pacific Foundation for Blind Children. Membership is also open to anyone who lives, works, or attends school in the state of Washington.
See current membership details
Related Posts
Hard Inquiry On Experian To Open Savings & CD Accts
After lots of comparison research, I decided to open up a Certificate of Deposit with a nearby credit union that is located about 50 miles from my home. While going through the set up questions & attaching files to verify my identity & affiliation, there was mention that an inquiry would be made to my credit file. But they did not spell out that IQ CU was going to pull a HARD query! It shows up on my EXPERIAN report as if I had applied for "Extension of Credit. This inquiry is scheduled to continue on record until Apr 2025." This should have been a soft query!
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60438 |
| Year Chartered | 1940 |
| Employees | 346 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 8.95% |
| Annual Interest Income | $48.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $2B$2.08B |
| Loans | Q2 2024vs Q2 2023 | $1.57B$1.65B |
| Deposits | Q2 2024vs Q2 2023 | $1.76B$1.88B |
| Equity Capital | Q2 2024vs Q2 2023 | $189.2MM$173.4MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $19.3MM$18.7MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $15.6MM$10.4MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
