Puget Sound Cooperative Credit Union Bellevue, Washington
Puget Sound Cooperative Credit Union is a state-chartered credit union headquartered in Bellevue, WA, established in 1957 (NCUA charter 68204), and it is regulated and insured by the NCUA. At Q2 2026 it reported 16,610 members and total assets of $273.8M (up 5.9% from Q2 2025), the 32nd largest of 73 credit unions headquartered in Washington. Its net worth ratio was 11.23% at Q2 2026, in the well capitalized band.
Also written as Puget Sound Cooperative CU
BankRegReports is independent of Puget Sound Cooperative Credit Union and never asks for online banking logins or passwords.
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
- 68204
- Headquarters
- Bellevue, WA
- Established
- 1957
- Total assets, Q2 2026
- $273.8M
- Assets vs Q2 2025
- +5.9%
- Members, Q2 2026
- 16,610
- Net worth ratio, Q2 2026
- 11.23%
- Latest call report
- Q2 2026, NCUA 5300 · Puget Sound Cooperative Credit Union call report
- Asset rank in state
- 32nd of 73 in Washington
- Routing number
- 325183259
- Branches
- 4
It has 867 fewer members than on June 30, 2025 (-5.0%). Its net worth ratio was up 2.94 percentage points from 8.29% on June 30, 2025. Other secured non-real estate loans and lines of credit are its largest loan category, $172.5M of $202.0M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.57% is below the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026. Its 11.23% net worth ratio is below that band's 11.43% median.
Credit unions similar in size in Washington
Frequently asked about Puget Sound Cooperative Credit Union
How big is Puget Sound Cooperative Credit Union?
At Q2 2026 it reported total assets of $273.8M and 16,610 members.
Where is Puget Sound Cooperative Credit Union headquartered?
It is headquartered in Bellevue, WA, United States.
When was Puget Sound Cooperative Credit Union founded?
It was established in 1957, per NCUA records.
Is Puget Sound Cooperative Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 68204): 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 Puget Sound Cooperative Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Puget Sound Cooperative Credit Union well capitalized?
Its net worth ratio was 11.23% 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 Puget Sound Cooperative Credit Union's delinquency ratio?
Its delinquency ratio was 0.57% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Puget Sound Cooperative Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 83.83% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Bellevue, WA 98004
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1957
- NCUA Charter #
- 68204
- RSSD ID
- 190796
- Members
- 16,610
- Potential members
- 6,897,012
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 0 of 7 ranked measures and in the bottom quartile on 5.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 13.58% | 11.23% | 11.43% | 47th below |
| Return on assets Middle half of peers: 0.43% to 1.23% | 0.19% | 0.81% | 11th bottom |
| Return on equity Middle half of peers: 3.87% to 9.84% | 1.72% | 7.02% | under 10th bottom |
| Net interest margin Middle half of peers: 3.30% to 4.10% | 2.70% | 3.70% | under 10th bottom |
| Efficiency ratio Middle half of peers: 68.90% to 83.49% | 90.15% | 76.55% | under 10th bottom |
| Cost of funds Middle half of peers: 0.92% to 1.56% | 2.29% | 1.24% | under 10th bottom |
| Delinquency ratio Middle half of peers: 0.39% to 1.12% | 0.57% | 0.68% | 59th above |
| Yield on assets Middle half of peers: 4.53% to 5.37% | 5.00% | 4.92% | 54th position only |
| Loan-to-share ratio Middle half of peers: 62.05% to 86.41% | 83.83% | 75.66% | 69th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$273.8M total assets against $258.5M; $240.9M total shares and deposits against $226.5M; $202.0M total loans against $223.9M.
$30.7M net worth against $21.4M.
11.23% net worth ratio against 8.29%.
83.83% loan-to-share ratio against 98.81%.
0.57% delinquency ratio against 0.27%.
0.19% return on assets against 0.42%; 1.72% return on equity against 5.04%.
2.70% net interest margin against 2.76%.
16,610 members against 17,477.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 11.23% | 0.19% | 0.57% | 83.83% |
| March 31, 2026 | 10.93% | 0.25% | 0.61% | 85.23% |
| December 31, 2025 | 11.29% | 0.92% | 0.45% | 93.23% |
| September 30, 2025 | 8.46% | 0.54% | 0.39% | 98.65% |
| June 30, 2025 | 8.29% | 0.42% | 0.27% | 98.81% |
| March 31, 2025 | 7.95% | 0.27% | 0.27% | 96.82% |
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.