Sep, 30, 2025 — SNOCOPE CREDIT UNION is a federally insured state chartered credit union headquartered in EVERETT, WA with 1 branch location and about $85.42 million in total assets. Opened 67 years ago in 1959, SNOCOPE CREDIT UNION has about 6,003 members and employs 14 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SNOCOPE CREDIT UNION |
|---|---|
| Address: (Main Office) | 3130 Rockefeller Ave EVERETT, WA 98201-4029 |
| Phone: | (425) 388-3481 |
| Fax: | (425) 339-9482 |
| Website: | https://www.snocope.org/ |
| Branches: | 1 branch locations |
| Members: | 6,003 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68622 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1959 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $85,423,355 |
| CEO/Manager: | Steven J Ellis |
| Chairperson: | Peter Rudolf |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 8,261,093 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 18,141,025 |
| Unsecured Loans | 2,181,486 |
| Other Loans | 30,996,495 |
| TOTAL LOANS | 51,319,006 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -473,478 |
| Land And Building | 216,091 |
| Other Fixed Assets | 126,196 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 690,919 |
| All Other Assets | 95,650 |
| TOTAL ASSETS | 85,423,355 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 35,504 |
| Accounts Payable & Other Liabilities | 751,065 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 16,692,893 |
| Regular shares | 28,336,002 |
| All Other Shares & Deposits | 31,955,014 |
| TOTAL SHARES & DEPOSITS | 76,983,909 |
| TOTAL LIABILITIES | 77,770,478 |
| Regular Reserve | 0 |
| Other Reserves | 147,757 |
| Undivided Earnings | 7,505,120 |
| TOTAL EQUITY | 7,652,877 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 85,423,355 |
| INCOME & EXPENSE | |
| Loan Income | 2,589,873 |
| Investment Income | 622,304 |
| Other Income | 150,569 |
| Total Employee Compensation & Benefits | 1,029,595 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,206,118 |
| Non-operating Income & (Expense) | 43,591 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 405,056 |
| Cost of Funds | 575,259 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 416,993 |
| ↑ Back to Top | |