Washington

 BENEFITS OF THE WASHINGTON STATE CHARTER (View/download PDF)

REGULATING AGENCY: Washington Department of Financial Institutions; Division of Credit Unions

Washington Capitol Building

ACCREDITED: 1999

LEAGUE: GoWest Credit Union Association

PRIVATE SHARE INSURANCE: No


2023 STATS 
  • Largest SCU: BOEING EMPLOYEES CU $28.99B in assets
  • Largest FCU: FIBRE FCU $1.65B in assets
Second Quarter 2023 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 48 28 76 63.16%
Credit Union Members 4.47M 290,451 4.76M 93.89%
Credit Union Assets $83.15B $4.82B $87.97B 94.52%

FUN FACT

Washington is home to four of the five longest floating bridges in the world; and Puget Sound’s many islands are served by the largest ferry fleet in the United States.


RECENT NEWS

BECU Busts Out Digital Envelopes To Help Members Build Savings
The big cooperative puts a new spin on an old trick to help members build a savings discipline.

TOP-LEVEL TAKEAWAYS
June 2, 2023 — BECU Envelopes uses a cash-stuffing principle to help members build an online budget for household expenses.
Members can choose their savings goal. The most popular so far involve home, car, vacation, and emergencies. The system already has approximately 25,000 users.


STORY ARCHIVE

Click here to take a look at the stories that have been collected over the years in Washington.

What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!