Tacoma Narrows Federal Credit Union

Tacoma Narrows Federal Credit Union


Overview / Commentary
253-759-3244
5319 N 51st St
Ruston, WA 98407

Tacoma Narrows Federal Credit Union is headquartered in RUSTON and is the 78th largest credit union in the state of Washington. It is also the 4,113th largest credit union in the nation. It was established in 1951 and as of June of 2021, it had grown to 4 employees and 875 members at 1 location. Tacoma Narrows Federal Credit Union has a B health rating.

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Health
Additional 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. Tacoma Narrows Federal Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #7104
Year Chartered1951
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.18%
Return on Equity - YTD1.17%
Annual Interest Income$130.00K
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$9.0MM$9.1MM
LoansQ2 2021vs Q2 2020$3.1MM$3.5MM
DepositsQ2 2021vs Q2 2020$7.6MM$7.7MM
Equity CapitalQ2 2021vs Q2 2020$1.4MM$1.4MM
Loan Loss AllowanceQ2 2021vs Q2 2020$32.00K$34.00K
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$0$1,000
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Rates

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Locations


Tacoma Narrows Federal Credit Union Locations
Branch Office5319 N 51st StRUSTON, WA 98407

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