Overview / Commentary
Nordstrom Federal Credit Union is headquartered in Seattle and is the 59th largest credit union in the state of Washington. It is also the 2,245th largest credit union in the nation. It was established in 1936 and as of June of 2020, it had grown to 8 employees and 5,483 members at 2 locations. Nordstrom Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to all Nordstrom employees and their immediate family members.
See current membership details
Health
B+
Data as of Q2 2020
Learn why bank health mattersAdditional 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. Nordstrom Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 1788 |
| Year Chartered | 1936 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.16% |
| Return on Equity - YTD | 1.89% |
| Annual Interest Income | $692.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $60.2MM$52.6MM |
| Loans | Q2 2020vs Q2 2019 | $23.6MM$24.2MM |
| Deposits | Q2 2020vs Q2 2019 | $54.8MM$47.3MM |
| Equity Capital | Q2 2020vs Q2 2019 | $4.8MM$4.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $146.00K$242.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $22.00K$90.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |