Overview / Commentary
Spokane Media Federal Credit Union is headquartered in Spokane and is the 74th largest credit union in the state of Washington. It is also the 3,494th largest credit union in the nation. It was established in 1938 and as of December of 2022, it had grown to 4 employees and 1,143 members at 1 location. Spokane Media Federal Credit Union has a B health rating.
Field of Membership Restrictions
Spokane Media Federal Credit Union is open to employees of the Spokesman-Review, Inland Empire Paper Company, local television and radio stations, or advertising and public relations firms.
See current membership details
Health
B
Data as of Q4 2022
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 Media Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24451 |
| Year Chartered | 1938 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.74% |
| Return on Equity - YTD | 10.5% |
| Annual Interest Income | $479.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $17.1MM$16.8MM |
| Loans | Q4 2022vs Q4 2021 | $10.3MM$8.2MM |
| Deposits | Q4 2022vs Q4 2021 | $15.7MM$15.6MM |
| Equity Capital | Q4 2022vs Q4 2021 | $1.3MM$1.2MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $68.00K$76.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $3.00K$0 |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |