Sep, 30, 2025 — PUGET SOUND COOPERATIVE CREDIT UNION is a federally insured state chartered credit union headquartered in BELLEVUE, WA with 3 branch locations and about $257.47 million in total assets. Opened 90 years ago in 1936, PUGET SOUND COOPERATIVE CREDIT UNION has about 17,471 members and employs 30 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PUGET SOUND COOPERATIVE CREDIT UNION |
|---|---|
| Address: (Main Office) | 11201 SE 8th St BELLEVUE, WA 98004-6420 |
| Phone: | (425) 283-5151 |
| Fax: | (425) 283-5152 |
| Website: | https://www.psccu.org |
| Branches: | 3 branch locations |
| Members: | 17,471 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68204 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1936 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $257,466,827 |
| CEO/Manager: | Brandy McBride |
| Chairperson: | Marc Stepper |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 28,995,151 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 23,552,621 |
| Unsecured Loans | 2,538,420 |
| Other Loans | 195,969,299 |
| TOTAL LOANS | 222,060,339 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -129,810 |
| Land And Building | 1,943,580 |
| Other Fixed Assets | 717,100 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,115,262 |
| All Other Assets | 0 |
| TOTAL ASSETS | 257,466,827 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 10,924,805 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,998,367 |
| Regular shares | 65,344,429 |
| All Other Shares & Deposits | 129,748,651 |
| TOTAL SHARES & DEPOSITS | 225,091,447 |
| TOTAL LIABILITIES | 236,016,820 |
| Regular Reserve | 0 |
| Other Reserves | 1,241,600 |
| Undivided Earnings | 20,208,407 |
| TOTAL EQUITY | 21,450,007 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 257,466,827 |
| INCOME & EXPENSE | |
| Loan Income | 8,991,392 |
| Investment Income | 957,749 |
| Other Income | 688,555 |
| Total Employee Compensation & Benefits | 2,663,336 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,755,602 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 71,538 |
| Cost of Funds | 4,607,995 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 795,839 |
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