Overview / Commentary
Kitsap Credit Union is headquartered in Bremerton and is the 11th largest credit union in the state of Washington. It is also the 199th largest credit union in the nation. It was established in 1934 and as of September of 2022, it had grown to 279 employees and 151,934 members at 17 locations. Kitsap Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Kitsap Credit Union is open to anyone who lives, works, worships or attends school in the state of Washington and to their immediate family.
See current membership details
Health
B+
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68576 |
| Year Chartered | 1934 |
| Employees | 279 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 15.98% |
| Annual Interest Income | $54.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $2.16B$1.96B |
| Loans | Q3 2022vs Q3 2021 | $1.53B$1.24B |
| Deposits | Q3 2022vs Q3 2021 | $1.88B$1.78B |
| Equity Capital | Q3 2022vs Q3 2021 | $117.6MM$162.4MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $13.8MM$11.4MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $7.8MM$3.0MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |
