Sep, 30, 2025 — SAFEWAY FEDERAL CREDIT UNION is a federal credit union headquartered in SPOKANE, WA with 1 branch location and about $72.05 million in total assets. Opened 74 years ago in 1952, SAFEWAY FEDERAL CREDIT UNION has about 4,297 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SAFEWAY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 529 E North Foothills Dr SPOKANE, WA 99207 |
| Phone: | (509) 483-9416 |
| Fax: | (509) 483-1014 |
| Website: | https://www.safewayfcu.com |
| Branches: | 1 branch locations |
| Members: | 4,297 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8132 |
|---|---|
| Membership Type: | Multiple common bond - other |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Aug 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $72,051,355 |
| CEO/Manager: | Wendy K Spoerl |
| Chairperson: | James G Ingebritsen |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,756,885 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,011,986 |
| Unsecured Loans | 1,504,010 |
| Other Loans | 27,930,526 |
| TOTAL LOANS | 40,446,524 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -174,689 |
| Land And Building | 839,663 |
| Other Fixed Assets | 58,389 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 513,166 |
| All Other Assets | 25,550 |
| TOTAL ASSETS | 72,051,355 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 333,434 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 8,015,164 |
| Regular shares | 23,638,396 |
| All Other Shares & Deposits | 24,644,955 |
| TOTAL SHARES & DEPOSITS | 56,298,515 |
| TOTAL LIABILITIES | 56,631,949 |
| Regular Reserve | 0 |
| Other Reserves | 570,640 |
| Undivided Earnings | 14,848,766 |
| TOTAL EQUITY | 15,419,406 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 72,051,355 |
| INCOME & EXPENSE | |
| Loan Income | 1,434,700 |
| Investment Income | 776,100 |
| Other Income | 217,377 |
| Total Employee Compensation & Benefits | 677,358 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 703,727 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 100,277 |
| Cost of Funds | 719,523 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 190,932 |
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