Waterfront Federal Credit Union
Waterfront Federal Credit Union is headquartered in Seattle and is the 47th largest credit union in the state of Washington. It is also the 1,931st largest credit union in the nation. It was established in 1964 and as of December of 2022, it had grown to 14 employees and 6,850 members at 1 location. Waterfront Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to members of the International Longshoremen and Warehouse Union locals in the Puget Sound Council and related organizations.
See current membership details
Horrible Credit Union
This credit union of 15 employees is horrible. They are small minded, do not see the bigger picture of things of life and do not care. I would highly recommend Prevail, or Boeing credit union, or White River. My experiences with them (and I am a highly credible human service professional) was very demoralizing. They really do not care about knowing the individual at all. Thank you.
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 16178 |
| Year Chartered | 1964 |
| Employees | 14 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.02% |
| Return on Equity - YTD | 14.53% |
| Annual Interest Income | $3.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $90.6MM$93.8MM |
| Loans | Q4 2022vs Q4 2021 | $51.9MM$47.2MM |
| Deposits | Q4 2022vs Q4 2021 | $83.0MM$84.0MM |
| Equity Capital | Q4 2022vs Q4 2021 | $6.4MM$8.9MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $233.00K$212.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $161.00K$86.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |