Mill Town Credit Union


Overview / Commentary
425-252-5139
3102 Broadway
Everett, WA 98201

Mill Town Credit Union is headquartered in Everett and is the 57th largest credit union in the state of Washington. It is also the 2,242nd largest credit union in the nation. It was established in 1939 and as of September of 2024, it had grown to 9 employees and 3,534 members at 1 location. Mill Town Credit Union has a B health rating.

Field of Membership Restrictions

Membership in Mill Town Credit Union is open to those who live, work, or worship in the State of Washington.
See current membership details

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Mill Town Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #68222
Year Chartered1939
Employees9
Primary Regulator
Profit Margin
Return on Assets - YTD0.62%
Return on Equity - YTD2.88%
Annual Interest Income$2.8MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$62.4MM$64.5MM
LoansQ3 2024vs Q3 2023$43.2MM$49.4MM
DepositsQ3 2024vs Q3 2023$48.1MM$50.8MM
Equity CapitalQ3 2024vs Q3 2023$13.8MM$13.5MM
Loan Loss AllowanceQ3 2024vs Q3 2023$448K$472K
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$1.3MM$505K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates

Rates for Mill Town Credit Union are currently being reviewed.

Locations


Mill Town Credit Union Locations
Branch Office3102 BroadwayEverett, WA 98201-4421

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