Seattle Credit Union is headquartered in Seattle and is the 18th largest credit union in the state of Washington. It is also the 418th largest credit union in the nation. It was established in 1933 and as of September of 2024, it had grown to 175 employees and 56,393 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
Stay Away, Unless You Want A Bank That's Doing YOU The Favor By Banking There
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.
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68315 |
| Year Chartered | 1933 |
| Employees | 175 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.31% |
| Return on Equity - YTD | -4.67% |
| Annual Interest Income | $42.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $1.09B$1.09B |
| Loans | Q3 2024vs Q3 2023 | $895.2MM$897.8MM |
| Deposits | Q3 2024vs Q3 2023 | $866.2MM$876.9MM |
| Equity Capital | Q3 2024vs Q3 2023 | $72.7MM$69.7MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $15.2MM$12.3MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $7.7MM$4.5MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |