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 208th largest credit union in the nation. It was established in 1934 and as of June of 2024, it had grown to 314 employees and 160,107 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 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68576 |
| Year Chartered | 1934 |
| Employees | 314 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.13% |
| Return on Equity - YTD | 2.4% |
| Annual Interest Income | $63.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $2.33B$2.36B |
| Loans | Q2 2024vs Q2 2023 | $1.82B$1.74B |
| Deposits | Q2 2024vs Q2 2023 | $2.06B$1.88B |
| Equity Capital | Q2 2024vs Q2 2023 | $122.8MM$127.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $33.3MM$16.6MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $14.9MM$13.6MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
