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

Safeway Federal Credit Union is headquartered in Spokane and is the 58th largest credit union in the state of Washington. It is also the 2,204th largest credit union in the nation. It was established in 1952 and as of September of 2018, it had grown to 11 employees and 4,427 members at 1 location. Safeway Federal Credit Union's CD rates are 17% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees or retirees of the Seattle Division of Safeway Inc. and their family.
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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 - YTD0.75%
Return on Equity - YTD3.39%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$57.0MM$57.9MM
LoansQ3 2018vs Q3 2017$28.6MM$26.7MM
DepositsQ3 2018vs Q3 2017$43.9MM$45.3MM
Equity CapitalQ3 2018vs Q3 2017$12.7MM$12.3MM
Loan Loss AllowanceQ3 2018vs Q3 2017$190.00K$178.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$353.00K$378.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
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Safeway Federal Credit Union Savings Account Rates

0.75%--Traditional IRA Shares
0.75%--Roth IRA Shares
0.35%--Regular Shares

Safeway Federal Credit Union CD Rates

1.50%--24 Month CD
1.05%--12 Month CD
0.75%--6 Month CD

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

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