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

Safeway Federal Credit Union is headquartered in Spokane and is the 56th largest credit union in the state of Washington. It is also the 2,161st largest credit union in the nation. It was established in 1952 and as of December of 2017, it had grown to 11 employees and 4,438 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 - YTD0.48%
Return on Equity - YTD2.24%
Annual Interest Income$1.5MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$58.1MM$56.1MM
LoansQ4 2017vs Q4 2016$27.0MM$25.2MM
DepositsQ4 2017vs Q4 2016$45.3MM$43.6MM
Equity CapitalQ4 2017vs Q4 2016$12.4MM$12.1MM
Loan Loss AllowanceQ4 2017vs Q4 2016$200.00K$147.00K
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$380.00K$429.00K
Real Estate OwnedQ4 2017vs Q4 2016$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

0.90%--24 Month CD
0.75%--12 Month CD
0.60%--6 Month CD

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