Overview / Commentary
Spokane City Credit Union is headquartered in Spokane and is the 56th largest credit union in the state of Washington. It is also the 2,237th largest credit union in the nation. It was established in 1934 and as of September of 2024, it had grown to 10 employees and 4,320 members at 1 location. Spokane City Credit Union's money market rates are 3X the national average, and it has a B health rating.
Field of Membership Restrictions
Spokane City Credit Union membership is open to those who live, work, worship, or attend school in the state of Washington.
See current membership details
Health
B
Data as of Q3 2024
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 | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.89% |
| Return on Equity - YTD | 8.76% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $62.6MM$65.6MM |
| Loans | Q3 2024vs Q3 2023 | $51.8MM$51.2MM |
| Deposits | Q3 2024vs Q3 2023 | $56MM$59.5MM |
| Equity Capital | Q3 2024vs Q3 2023 | $6.3MM$5.7MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $452K$478K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $242K$18K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |