Responders Emergency Services Credit Union (RESCU)
Overview / Commentary
Responders Emergency Services Credit Union (RESCU) is headquartered in Spokane and is the 60th largest credit union in the state of Washington. It is also the 2,347th largest credit union in the nation. It was established in 1966 and as of September of 2022, it had grown to 10 employees and 2,350 members at 1 location. Responders Emergency Services Credit Union (RESCU) has a B+ health rating.
Field of Membership Restrictions
Membership is open to active and retired members of the Spokane Police Department, Spokane Sheriff's Department, Pend Oreille County Sheriff's Department, civilian employees of the Spokane Police and Sheriff's Deparments, and any active or retired police officer now living in Spokane or a contiguous county.
See current membership details
Related Posts
View all posts from:
Health
B+
Data as of Q3 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. Responders Emergency Services Credit Union (RESCU) has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68305 |
| Year Chartered | 1966 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.49% |
| Return on Equity - YTD | 4.25% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $59.8MM$60.0MM |
| Loans | Q3 2022vs Q3 2021 | $31.7MM$32.3MM |
| Deposits | Q3 2022vs Q3 2021 | $52.7MM$53.9MM |
| Equity Capital | Q3 2022vs Q3 2021 | $6.9MM$6.0MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $1.3MM$2.0MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $0$18.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |