Red Canoe Credit Union


Overview / Commentary
800-562-5611
1418 15th Ave
Longview, WA 98632

Red Canoe Credit Union is headquartered in Longview and is the 17th largest credit union in the state of Washington. It is also the 402nd largest credit union in the nation. It was established in 1937 and as of December of 2024, it had grown to 239 employees and 59,219 members at 12 locations. Red Canoe Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Red Canoe Credit Union is open to those who live, work, worship, or attend school anywhere in Washington State, or in the Oregon counties of Benton, Lane, Linn, Marion, or Polk. Family members of those eligible to join also qualify for membership.
See current membership details

Reviews (1)

AVOID This Bank

Posted by: |

Honestly the worst banking experience I have EVER had in my life. I sent my car loan payment via bill pay (with documentation showing that the money was withdrawn from my account -before my due date), and due to either a system error on my primary bank's end, or a postal service delay, the payment arrived to Red Canoe late. They immediately reported this to all three credit bureaus (which is how I found out about the "late" payment in the first place), and my score dropped 117 points - I have never missed a car payment in my life. I am in the middle of buying a house. I called the bank multiple times to explain what happened, and there is "nothing they can do" and obviously could not care less. I absolutely cannot refinance this loan with another lender fast enough. Please, please, please AVOID THIS BANK. I will for sure be telling everyone I know (including the finance manager at the dealership who works with this place) to avoid at all costs.



Health

Health Grade Components

Overall
NCUA #68196
Year Chartered1937
Employees239
Primary Regulator
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD4.91%
Annual Interest Income$51.3MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$1.14B$1.16B
LoansQ4 2024vs Q4 2023$889.2MM$838.9MM
DepositsQ4 2024vs Q4 2023$994.6MM$999.6MM
Equity CapitalQ4 2024vs Q4 2023$131.2MM$118.8MM
Loan Loss AllowanceQ4 2024vs Q4 2023$5.5MM$5.3MM
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$3.7MM$5.7MM
Real Estate OwnedQ4 2024vs Q4 2023$170K$47K
Rates

Sorry, we do not have rate data for Red Canoe Credit Union.

Locations

Availability



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