Overview / Commentary
Strait View Credit Union is headquartered in Port Angeles and is the 44th largest credit union in the state of Washington. It is also the 1,844th largest credit union in the nation. It was established in 1939 and as of June of 2021, it had grown to 9 employees and 8,502 members at 1 location. Strait View Credit Union has an A health rating.
Field of Membership Restrictions
Strait View Credit Union is open to anyone who lives or works in Clallam County.
See current membership details
Health
A
Data as of Q2 2021
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. Strait View Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68231 |
| Year Chartered | 1939 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 7.21% |
| Annual Interest Income | $1.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $95.7MM$79.0MM |
| Loans | Q2 2021vs Q2 2020 | $36.0MM$34.7MM |
| Deposits | Q2 2021vs Q2 2020 | $85.4MM$69.6MM |
| Equity Capital | Q2 2021vs Q2 2020 | $9.9MM$9.2MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $155.00K$153.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $27.00K$12.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |