Overview / Commentary
SnoCope Credit Union is headquartered in Everett and is the 49th largest credit union in the state of Washington. It is also the 1,983rd largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 12 employees and 6,199 members at 1 location. SnoCope Credit Union has a B+ health rating.
Field of Membership Restrictions
SnoCope Credit Union is open to anyone who lives, works, worships, or attends school in the state of Washington.
See current membership details
Health
B+
Data as of Q1 2025
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. SnoCope Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68622 |
| Year Chartered | 1959 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.85% |
| Return on Equity - YTD | 9.6% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $84.4MM$79.9MM |
| Loans | Q1 2025vs Q1 2024 | $55MM$55.2MM |
| Deposits | Q1 2025vs Q1 2024 | $76.4MM$73MM |
| Equity Capital | Q1 2025vs Q1 2024 | $7.3MM$6.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $424K$548K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $670K$338K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |