Overview / Commentary
Spokane City Credit Union is headquartered in Spokane and is the 62nd largest credit union in the state of Washington. It is also the 2,395th largest credit union in the nation. It was established in 1934 and as of December of 2020, it had grown to 9 employees and 4,777 members at 1 location. Spokane City Credit Union has a B+ health rating.
Field of Membership Restrictions
Spokane City Credit Union membership is open to those who live, work, attend school or worship in the following: 1) Adams, Ferry, Lincoln, Pend Oreille, Spokane, Stevens, or Williams counties in Washington; 2) Benewah, Bonner, or Kootenai counties in Idaho. (FOM information is listed in the online application)
See current membership details
Health
B+
Data as of Q4 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. Spokane City Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68283 |
| Year Chartered | 1934 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.61% |
| Return on Equity - YTD | 6.76% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $53.0MM$45.6MM |
| Loans | Q4 2020vs Q4 2019 | $41.5MM$38.9MM |
| Deposits | Q4 2020vs Q4 2019 | $48.2MM$41.2MM |
| Equity Capital | Q4 2020vs Q4 2019 | $4.6MM$4.3MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $512.00K$293.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $73.00K$26.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |