Sep, 30, 2025 — CASCADE FEDERAL CREDIT UNION is a federal credit union headquartered in KENT, WA with 4 branch locations and about $343.84 million in total assets. Opened 74 years ago in 1952, CASCADE FEDERAL CREDIT UNION has about 10,906 members and employs 48 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CASCADE FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 18020 80th Ave S KENT, WA 98032 |
| Phone: | (425) 251-8888 |
| Fax: | |
| Website: | https://www.cascadefcu.org |
| Branches: | 4 branch locations |
| Members: | 10,906 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7748 |
|---|---|
| Membership Type: | Multiple common bond - Primarily transportation |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $343,839,954 |
| CEO/Manager: | Sam Jimenez |
| Chairperson: | John Graham |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,742,160 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 86,079,792 |
| Unsecured Loans | 49,102,414 |
| Other Loans | 27,406,299 |
| TOTAL LOANS | 162,588,506 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,291,719 |
| Land And Building | 2,684,199 |
| Other Fixed Assets | 435,225 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,857,289 |
| All Other Assets | 0 |
| TOTAL ASSETS | 343,839,954 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 351,549 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,181,865 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 32,223,359 |
| Regular shares | 61,785,025 |
| All Other Shares & Deposits | 214,341,661 |
| TOTAL SHARES & DEPOSITS | 308,350,045 |
| TOTAL LIABILITIES | 309,883,459 |
| Regular Reserve | 0 |
| Other Reserves | -5,167,597 |
| Undivided Earnings | 39,124,092 |
| TOTAL EQUITY | 33,956,495 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 343,839,954 |
| INCOME & EXPENSE | |
| Loan Income | 6,291,988 |
| Investment Income | 3,799,377 |
| Other Income | 407,235 |
| Total Employee Compensation & Benefits | 3,050,377 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,820,208 |
| Non-operating Income & (Expense) | 6,102,581 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 836,500 |
| Cost of Funds | 5,257,433 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,422,284 |
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