Sep, 30, 2025 — PROGRESSIONS CREDIT UNION is a federally insured state chartered credit union headquartered in SPOKANE, WA with 2 branch locations and about $92.39 million in total assets. Opened 93 years ago in 1933, PROGRESSIONS CREDIT UNION has about 5,769 members and employs 15 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | PROGRESSIONS CREDIT UNION |
|---|---|
| Address: (Main Office) | 2919 E Mission AVE SPOKANE, WA 99202-3624 |
| Phone: | (509) 535-0191 |
| Fax: | (509) 622-2050 |
| Website: | https://www.progressionscu.org |
| Branches: | 2 branch locations |
| Members: | 5,769 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68255 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1933 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $92,385,650 |
| CEO/Manager: | Susan Vuong |
| Chairperson: | Douglas Sprecher |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,359,621 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 17,986,131 |
| Unsecured Loans | 2,601,548 |
| Other Loans | 47,289,799 |
| TOTAL LOANS | 67,877,478 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -226,355 |
| Land And Building | 4,969,824 |
| Other Fixed Assets | 746,110 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 768,095 |
| All Other Assets | 0 |
| TOTAL ASSETS | 92,385,650 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 17,637 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 488,609 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 20,076,403 |
| Regular shares | 24,937,416 |
| All Other Shares & Deposits | 37,643,822 |
| TOTAL SHARES & DEPOSITS | 82,657,641 |
| TOTAL LIABILITIES | 83,164,062 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 9,221,588 |
| TOTAL EQUITY | 9,221,588 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 92,385,650 |
| INCOME & EXPENSE | |
| Loan Income | 2,756,411 |
| Investment Income | 532,153 |
| Other Income | 302,398 |
| Total Employee Compensation & Benefits | 1,068,823 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,361,220 |
| Non-operating Income & (Expense) | -10,536 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 120,307 |
| Cost of Funds | 1,060,264 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 202,252 |
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