Overview / Commentary
Kitsap Credit Union is headquartered in Bremerton and is the 9th largest credit union in the state of Washington. It is also the 191st largest credit union in the nation. It was established in 1934 and as of June of 2023, it had grown to 298 employees and 157,735 members at 15 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 Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68576 |
| Year Chartered | 1934 |
| Employees | 298 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.53% |
| Return on Equity - YTD | 9.61% |
| Annual Interest Income | $51.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $2.36B$2.03B |
| Loans | Q2 2023vs Q2 2022 | $1.74B$1.39B |
| Deposits | Q2 2023vs Q2 2022 | $1.88B$1.89B |
| Equity Capital | Q2 2023vs Q2 2022 | $127.3MM$116.2MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $16.6MM$11.5MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $13.6MM$6.1MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
