Overview / Commentary
Nordstrom Federal Credit Union is headquartered in Everett and is the 58th largest credit union in the state of Washington. It is also the 2,254th largest credit union in the nation. It was established in 1936 and as of June of 2022, it had grown to 9 employees and 5,116 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 2022
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 | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.04% |
| Return on Equity - YTD | -0.61% |
| Annual Interest Income | $683.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $66.4MM$64.4MM |
| Loans | Q2 2022vs Q2 2021 | $29.6MM$25.9MM |
| Deposits | Q2 2022vs Q2 2021 | $61.2MM$59.1MM |
| Equity Capital | Q2 2022vs Q2 2021 | $4.7MM$4.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $187.00K$143.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $27.00K$35.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |