Safeway Federal Credit Union

Overview / Commentary
529 E North Foothills Dr
Spokane, WA 99207

Safeway Federal Credit Union is headquartered in Spokane and is the 55th largest credit union in the state of Washington. It is also the 2,148th largest credit union in the nation. It was established in 1952 and as of March of 2022, it had grown to 11 employees and 4,407 members at 1 location. Safeway Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership is open to employees or retirees of the Seattle Division of Safeway Inc. and their family.
See current membership details


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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. Safeway Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #8132
Year Chartered1952
Primary Regulator
Profit Margin
Return on Assets - YTD0.36%
Return on Equity - YTD1.9%
Annual Interest Income$358.00K
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$74.8MM$71.0MM
LoansQ1 2022vs Q1 2021$33.7MM$32.7MM
DepositsQ1 2022vs Q1 2021$60.1MM$56.8MM
Equity CapitalQ1 2022vs Q1 2021$14.1MM$13.8MM
Loan Loss AllowanceQ1 2022vs Q1 2021$115.00K$143.00K
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$170.00K$158.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$0
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Safeway Federal Credit Union Savings Account Rates

0.40%--Traditional IRA Shares
0.40%--Roth IRA Shares
0.15%--Regular Shares

Safeway Federal Credit Union CD Rates

0.45%--24 Month CD
0.35%--12 Month CD
0.25%--6 Month CD

Safeway Federal Credit Union Locations
Branch Office529 E North Foothills DrSpokane, WA 99207

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