Overview / Commentary
Sno Falls Credit Union is headquartered in North Bend and is the 44th largest credit union in the state of Washington. It is also the 1,822nd largest credit union in the nation. It was established in 1957 and as of June of 2020, it had grown to 25 employees and 6,399 members at 4 locations. Sno Falls Credit Union has a B+ health rating.
Field of Membership Restrictions
Sno Falls Credit Union is open to those who live, work or worship in Washington state, or if an immediate relative is a member.
See current membership details
Health
B+
Data as of Q2 2020
Learn why bank health mattersAdditional 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. Sno Falls Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68293 |
| Year Chartered | 1957 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 10.14% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $89.2MM$73.5MM |
| Loans | Q2 2020vs Q2 2019 | $62.5MM$57.1MM |
| Deposits | Q2 2020vs Q2 2019 | $81.8MM$66.7MM |
| Equity Capital | Q2 2020vs Q2 2019 | $6.5MM$5.8MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $142.00K$147.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $94.00K$105.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |