Tacoma Longshoremen Credit Union

Tacoma Longshoremen Credit Union


Overview / Commentary
253-272-2161
3602 E Alexander Ave
Tacoma, WA 98424

Tacoma Longshoremen Credit Union is headquartered in Tacoma and is the 40th largest credit union in the state of Washington. It is also the 1,627th largest credit union in the nation. It was established in 1963 and as of June of 2021, it had grown to 7 employees and 3,191 members at 1 location. Tacoma Longshoremen Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership shall be open to all members and affiliates of: ** ILWU, Local #23 of Tacoma, WA ** ILWU, Local #22 of Tacoma, WA ** ILWU, Local #47 of Olympia, WA ** I.D. Casual Longshore Persons that are on the I.L.W.U. Local #23 I.D. Casual list with 2000 hours or more. ** Fraternal organizations, partnerships or corporations composed of credit union members. ** Employees of the credit union. ** Members of the immediate family including children and step-children; and grandchildren of credit union members.
See current membership details

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Health
A+

Health Grade Components

Overall
NCUA #68229
Year Chartered1963
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD0.75%
Return on Equity - YTD6.76%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$123.3MM$106.6MM
LoansQ2 2021vs Q2 2020$21.8MM$18.9MM
DepositsQ2 2021vs Q2 2020$109.7MM$94.1MM
Equity CapitalQ2 2021vs Q2 2020$13.6MM$12.4MM
Loan Loss AllowanceQ2 2021vs Q2 2020$181.00K$192.00K
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$44.00K$8.00K
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Rates

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Locations


Tacoma Longshoremen Credit Union Locations
Branch Office3602 E Alexander AveTacoma, WA 98424-1110

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