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 221st largest credit union in the nation. It was established in 1934 and as of March of 2021, it had grown to 293 employees and 118,088 members at 16 locations. Kitsap Credit Union has an A 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
A
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68576 |
| Year Chartered | 1934 |
| Employees | 293 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.9% |
| Return on Equity - YTD | 10.92% |
| Annual Interest Income | $14.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $1.85B$1.47B |
| Loans | Q1 2021vs Q1 2020 | $1.18B$1.14B |
| Deposits | Q1 2021vs Q1 2020 | $1.68B$1.32B |
| Equity Capital | Q1 2021vs Q1 2020 | $147.9MM$146.1MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $12.7MM$9.3MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $2.6MM$4.9MM |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |
