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 219th largest credit union in the nation. It was established in 1934 and as of March of 2025, it had grown to 326 employees and 158,510 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 Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68576 |
| Year Chartered | 1934 |
| Employees | 326 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.29% |
| Return on Equity - YTD | 4.86% |
| Annual Interest Income | $32.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $2.33B$2.36B |
| Loans | Q1 2025vs Q1 2024 | $1.83B$1.82B |
| Deposits | Q1 2025vs Q1 2024 | $2.07B$2.05B |
| Equity Capital | Q1 2025vs Q1 2024 | $138.2MM$127.1MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $35.1MM$27MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $16MM$13.5MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
