Industrial Credit Union of Whatcom County Bellingham, Washington
Industrial Credit Union of Whatcom County is a state-chartered credit union headquartered in Bellingham, WA, established in 1941 (NCUA charter 66337), and it is regulated and insured by the NCUA. At Q2 2026 it reported 32,854 members and total assets of $391.6M (down 3.2% from Q2 2025), the 28th largest of 73 credit unions headquartered in Washington. Its net worth ratio was 12.06% at Q2 2026, in the well capitalized band.
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 66337
- Headquarters
- Bellingham, WA
- Established
- 1941
- Total assets, Q2 2026
- $391.6M
- Assets vs Q2 2025
- -3.2%
- Members, Q2 2026
- 32,854
- Net worth ratio, Q2 2026
- 12.06%
- Latest call report
- Q2 2026, NCUA 5300 · Industrial Credit Union of Whatcom County call report
- Asset rank in state
- 28th of 73 in Washington
- Routing number
- 325180155
- Branches
- 6
It has 1,107 fewer members than on June 30, 2025 (-3.3%). Its net worth ratio was up 0.94 percentage points from 11.12% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $129.0M of $257.7M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.26% is below the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026. Its 12.06% net worth ratio is above that band's 11.43% median.
Credit unions similar in size in Washington
Frequently asked about Industrial Credit Union of Whatcom County
How big is Industrial Credit Union of Whatcom County?
At Q2 2026 it reported total assets of $391.6M and 32,854 members.
Where is Industrial Credit Union of Whatcom County headquartered?
It is headquartered in Bellingham, WA, United States.
When was Industrial Credit Union of Whatcom County founded?
It was established in 1941, per NCUA records.
Is Industrial Credit Union of Whatcom County FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 66337): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Industrial Credit Union of Whatcom County?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Industrial Credit Union of Whatcom County well capitalized?
Its net worth ratio was 12.06% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Industrial Credit Union of Whatcom County's delinquency ratio?
Its delinquency ratio was 0.26% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Industrial Credit Union of Whatcom County's loan-to-share ratio?
Its loan-to-share ratio was 75.66% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Bellingham, WA 98225
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1941
- NCUA Charter #
- 66337
- RSSD ID
- 122591
- Members
- 32,854
- Potential members
- 237,222
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 1,341 credit unions with $100M to $1B in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 13.58% | 12.06% | 11.43% | 57th above |
| Return on assets Middle half of peers: 0.43% to 1.23% | 0.75% | 0.81% | 46th below |
| Return on equity Middle half of peers: 3.87% to 9.84% | 6.21% | 7.02% | 44th below |
| Net interest margin Middle half of peers: 3.30% to 4.10% | 4.28% | 3.70% | 82nd top |
| Efficiency ratio Middle half of peers: 68.90% to 83.49% | 78.02% | 76.55% | 45th below |
| Cost of funds Middle half of peers: 0.92% to 1.56% | 0.96% | 1.24% | 72nd above |
| Delinquency ratio Middle half of peers: 0.39% to 1.12% | 0.26% | 0.68% | 85th top |
| Yield on assets Middle half of peers: 4.53% to 5.37% | 5.24% | 4.92% | 68th position only |
| Loan-to-share ratio Middle half of peers: 62.05% to 86.41% | 75.66% | 75.66% | 50th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$391.6M total assets against $404.7M; $340.7M total shares and deposits against $356.4M; $257.7M total loans against $257.9M.
$47.2M net worth against $45.0M.
12.06% net worth ratio against 11.12%.
75.66% loan-to-share ratio against 72.38%.
0.26% delinquency ratio against 0.57%.
0.75% return on assets against 0.57%; 6.21% return on equity against 5.14%.
4.28% net interest margin against 4.15%.
32,854 members against 33,961.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 12.06% | 0.75% | 0.26% | 75.66% |
| March 31, 2026 | 11.77% | 0.30% | 0.43% | 74.81% |
| December 31, 2025 | 11.90% | 0.65% | 0.65% | 76.38% |
| September 30, 2025 | 11.58% | 0.89% | 0.73% | 74.19% |
| June 30, 2025 | 11.12% | 0.57% | 0.57% | 72.38% |
| March 31, 2025 | 11.33% | 0.43% | 0.43% | 76.15% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.