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 $29.87B in assets
  • Largest FCU: FIBRE FCU $1.63B in assets
Fourth Quarter 2023 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 48 28 76 63.16%
Credit Union Members 4.51M 0.29M 4.8M 93.95%
Credit Union Assets $84.52B $4.78B $89.3B 94.64%


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
Global Federal Credit Union Buying $1.5 Billion-Asset Washington Bank

In a deal that, if completed, would represent the largest bank to be bought by a credit union, Global Federal Credit Union has agreed to acquire the $1.5 billion asset First Financial Northwest Bank. The $11.8 billion-asset Global, which was formerly known as Alaska USA Federal Credit Union, said it will pay $231.2 million in cash for the Renton, Washington-based bank.


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!