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Overview / Commentary
2815 2nd Ave Ste 100
Seattle, WA 98121

Puget Sound CU is headquartered in Seattle and is the 75th largest credit union in the state of Washington. It is also the 3,654th largest credit union in the nation. It was established in 1967 and as of March of 2016, it had grown to 5 employees and 2,162 members at 1 location. Puget Sound CU has a C+ health rating.


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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. Puget Sound CU has a low asset base.

Health Grade Components

NCUA #24837
Year Chartered1967
Primary Regulator
Profit Margin
Return on Assets - YTD-0.38%
Return on Equity - YTD-5.12%
Annual Interest Income$145.00K
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$17.2MM$17.1MM
LoansQ1 2016vs Q1 2015$9.7MM$10.0MM
DepositsQ1 2016vs Q1 2015$15.9MM$15.8MM
Equity CapitalQ1 2016vs Q1 2015$1.2MM$1.3MM
Loan Loss AllowanceQ1 2016vs Q1 2015$51.00K$129.00K
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$71.00K$142.00K
Real Estate OwnedQ1 2016vs Q1 2015$0$0
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Puget Sound CU Savings Account Rates

0.10%--Owner Share Accouint
0.05%--Holiday Club

Puget Sound CU Locations
Branch Office2815 2nd Ave STE 100Seattle, WA 98121