Seattle Credit Union is headquartered in Seattle and is the 18th largest credit union in the state of Washington. It is also the 405th largest credit union in the nation. It was established in 1933 and as of June of 2023, it had grown to 177 employees and 55,816 members at 9 locations. Seattle Credit Union's CD rates are 6X the national average, and it has a C+ health rating.
Seattle Credit Union is open to anyone who lives in Washington State.
See current membership details
We've been with SCU for many years now, but ultimately we are planning to switch to another institution. We are not satisfied with many of their practices, including withdrawal & deposit ordering, overdrafting, credit card policy, auto-pay systems, bill pay, and lack of technological advances including mobile wallet and fraud detection. Really in almost every area we've had an issue at some point.
Many of their policies seem fee-focused, and actually perpetuate debt instead of helping members out of it. We can't recommend SCU to anybody at this point.
These guys are awful! I've been with them over 12 years now. They and the bank act like their doing YOU a favor by banking there. I received several NSF Fees, asked them to waive (Can't remember the last time I had one) They waived one. The others weren't because "Your account isn't set up for that." They are the only bank out of 4 that I have that sends you an email "Approving" your deposit. Even the way they phrase things on their website, We're doing YOU a favor.
One of my banks has a no NSF fee and actually gives you a personal line for thirty days, they offered, I didn't ask.
I had another issue with SMCU, their old name and I remember I had to push and escalate the situation to be treated fairly.
Go somewhere else, I am.
terrible--have great credit yet they treat me like I have terrible credit---they signed me up for overdraft protection and still charged me for NSF! On top of that they keep changing policies without notice.Closed acct and am happy with BECU
Overall | |
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NCUA # | 68315 |
Year Chartered | 1933 |
Employees | 177 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.97% |
Return on Equity - YTD | 14.97% |
Annual Interest Income | $21.8MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $1.08B$1.11B |
Loans | Q2 2023vs Q2 2022 | $883.2MM$800.5MM |
Deposits | Q2 2023vs Q2 2022 | $880.8MM$972.8MM |
Equity Capital | Q2 2023vs Q2 2022 | $69.8MM$118.6MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$5.4MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $5.2MM$2.1MM |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Seattle Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.20% | - | - | IRA Savings | |
0.10% | - | - | Membership Savings | |
0.10% | - | - | Business Membership Savings | |
0.10% | - | - | Business Subsidiary Savings | |
0.10% | - | - | Subsidiary Savings |
Seattle Credit Union Locations | ||
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Corporate Office | 1910 1st Ave S | Seattle, WA 98134-1406 |
Branch Office | 365 Kirkland Ave | Kirkland, WA 98033-6221 |
Branch Office | 17250 Southcenter Pkwy Ste 132 | Tukwila, WA 98188 |
Branch Office | 19718 Highway 99 Ste 101 | Lynnwood, WA 98036-6046 |
Branch Office | 722 3rd Ave | Seattle, WA 98104-1803 |
Branch Office | 1604 S Roberto Maestas Festival St | Seattle, WA 98144-2718 |
Branch Office | 14901 4th Ave SW Ste 107 | Burien, WA 98166 |
Branch Office | 303 NE Thornton PL | Seattle, WA 98125 |
Branch Office | 1724 E 44th St | Tacoma, WA 98404-4611 |