Numerica Credit Union is headquartered in Spokane Valley and is the 6th largest credit union in the state of Washington. It is also the 114th largest credit union in the nation. It was established in 1937 and as of June of 2023, it had grown to 643 employees and 172,715 members at 23 locations. Numerica Credit Union's CD rates are 5X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Numerica Credit Union is open to anyone who lives, works, or worships in Washington State, or in Idaho's North Panhandle. Family members and household members of eligible individuals also qualify for membership.
See current membership details
Related Posts
6/7 - 5.25% On 59 Month CD
5/22 - Numerica Credit Union (WA/ID) Offers Rate-Leading 48-59 Month CD
6/20/15 - Numerica Credit Union (WA) Offers 25-Month CD Special - Limited Time
8/8/13 - Hot 17-Month CD Special at Numerica Credit Union in WA and Parts of ID
1/19/11 - Top Reward Checking and CD Rates at Numerica Credit Union in WA & ID - Local Only
10/16/09 - World Series Certificate Special with a Rate up to 2.93% for 24 Months at Numerica Credit Union in WA & ID - Local Only
10/15/09 - High-Yield Reward Checking Account at a Washington State CU (Numerica)
7/12/08 - 4.16% 30-Month / 3.51% 10-Month CD at a Washington State CU (Numerica).
What A Great Credit Union
I open an account last week and I wanted to share my experience with them I am going to give them five stars very easy to open an account they called me twice to go over my needs and asked me if I had any questions. they offered me a free checking account with free checks we did this right on the phone and a great CD rate! First class credit Union.
Great Rate Offered To WA Residents
My banking experience with Numerica the past 5 months has been with their Certificate of Deposit products.They offered a 59 month CD paying 5% when very few other FI's were.The offer lasted 2/3 months and was teriffic for WA residents. All Cust. Serv. agents have been knowledgable, very pleasant, and able to perform all CD related transactions during phone conversations. Overall, very pleased so far with this FI.
Love Online Banking!!
I have been a member with Numerica Credit Union for over 10 years and have yet to have a poor experience. I enjoy using the in-bank and drive thru tellers, but have to say that I most appreciate the great online banking site that Numerica provides. I don't always have time to stop at the bank and it's so easy to access my account online and move money around as necessary, even with my children, who are also Numerica members. Transferring money to their accounts is so easy and a great tool that takes seconds, without the hassle of making a phone call or driving into the bank. I also appreciate the security of the online banking site. I don't mind having to answer a security question and appreciate that it informs you if your had any recent failed attempts. Thank you for offering this tool!!
Some Application Information
I was attracted by the high CD rate, so I called, then initiated the application process. The customer service rep told me that, as a new member, I needed to establish a savings or checking account with $25. My understanding was that was the extent of the qualifying requirements (given that I live in the service area), but the online application for such an account indicated there was also a $20 membership fee. The application required a cell phone number.
This is a deal breaker for me, so I terminated the application.
Additionally, the customer service rep told me that they do not do a "hard' credit pull for someone who is merely setting up a deposit account (but do other inquiries based on SS#). This is good news coming from a credit union as too many require such a pull, even though they are not extending credit.
As you may notice, the rates/yields they offer on routine banking accounts are dismal, other than the special CD rate I was chasing.
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 66841 |
| Year Chartered | 1937 |
| Employees | 643 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.68% |
| Return on Equity - YTD | 8.05% |
| Annual Interest Income | $81.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $3.78B$3.60B |
| Loans | Q2 2023vs Q2 2022 | $3.13B$2.92B |
| Deposits | Q2 2023vs Q2 2022 | $3.13B$3.03B |
| Equity Capital | Q2 2023vs Q2 2022 | $318.2MM$308.3MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$26.8MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $4.3MM$2.2MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
