Puget Sound Cooperative Credit Union
Overview / Commentary
Puget Sound Cooperative Credit Union is headquartered in Bellevue and is the 32nd largest credit union in the state of Washington. It is also the 1,104th largest credit union in the nation. It was established in 1936 and as of September of 2024, it had grown to 30 employees and 17,827 members at 4 locations. Puget Sound Cooperative Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Puget Sound Cooperative Credit Union is open to those who live, work, worship, or attend school in Washington State. Residents of Alaska, Arizona, Idaho, or Oregon who join NW Energy Coalition (NWEC) also qualify for membership.
See current membership details
Health
B
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68204 |
| Year Chartered | 1936 |
| Employees | 30 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 3.21% |
| Annual Interest Income | $9.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $255.7MM$245.4MM |
| Loans | Q3 2024vs Q3 2023 | $234.9MM$230.7MM |
| Deposits | Q3 2024vs Q3 2023 | $224.3MM$215.7MM |
| Equity Capital | Q3 2024vs Q3 2023 | $20.4MM$19.6MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $65K$53K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $605K$437K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |