Seattle Credit Union

Overview / Commentary
1910 1St Ave S
Seattle, WA 98134

Seattle Credit Union is headquartered in Seattle and is the 18th largest credit union in the state of Washington. It is also the 403rd largest credit union in the nation. It was established in 1933 and as of December of 2023, it had grown to 179 employees and 55,314 members at 9 locations. Seattle Credit Union has a B health rating.

Field of Membership Restrictions

Seattle Credit Union is open to anyone who lives in Washington State.
See current membership details

Reviews (3)

Not Concerned With Member Financial Health

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.

Stay Away, Unless You Want A Bank That's Doing YOU The Favor By Banking There

Posted by: |

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.

Avoid This Credit Union

Posted by: |

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


Health Grade Components

NCUA #68315
Year Chartered1933
Primary Regulator
Profit Margin
Return on Assets - YTD0.41%
Return on Equity - YTD6.35%
Annual Interest Income$46.6MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$1.11B$1.08B
LoansQ4 2023vs Q4 2022$878.7MM$844.9MM
DepositsQ4 2023vs Q4 2022$896.6MM$943.8MM
Equity CapitalQ4 2023vs Q4 2022$71.7MM$70.8MM
Loan Loss AllowanceQ4 2023vs Q4 2022$13.8MM$6.3MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$6.8MM$2.8MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0

Rates for Seattle Credit Union are currently being reviewed.


Seattle Credit Union Locations
Corporate Office1910 1st Ave SSeattle, WA 98134-1406
Branch Office17250 Southcenter Pkwy Ste 132Tukwila, WA 98188
Branch Office19718 Highway 99 Ste 101Lynnwood, WA 98036-6046
Branch Office722 3rd AveSeattle, WA 98104-1803
Branch Office1604 S Roberto Maestas Festival StSeattle, WA 98144-2718
Branch Office14901 4th Ave SW Ste 107Burien, WA 98166
Branch Office303 NE Thornton PLSeattle, WA 98125
Branch Office1724 E 44th StTacoma, WA 98404-4611
Branch Office824 Martin Luther King Jr Way Ste ATacoma, WA 98405-4186

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