Red Canoe Credit Union Longview, Washington
Red Canoe Credit Union is a state-chartered credit union headquartered in Longview, WA, established in 1938 (NCUA charter 68196), and it is regulated and insured by the NCUA. At Q2 2026 it reported 60,869 members and total assets of $1.21B (up 4.8% from Q2 2025), the 16th largest of 73 credit unions headquartered in Washington. Its net worth ratio was 12.28% at Q2 2026, in the well capitalized band.
Also written as Red Canoe CU
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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
- 68196
- Headquarters
- Longview, WA
- Established
- 1938
- Total assets, Q2 2026
- $1.21B
- Assets vs Q2 2025
- +4.8%
- Members, Q2 2026
- 60,869
- Net worth ratio, Q2 2026
- 12.28%
- Latest call report
- Q2 2026, NCUA 5300 · Red Canoe Credit Union call report
- Asset rank in state
- 16th of 73 in Washington
- Routing number
- 323380821
- Branches
- 12
It has 1,476 more members than on June 30, 2025 (+2.5%). Its net worth ratio was up 0.22 percentage points from 12.06% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $431.8M of $970.5M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.60% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 12.28% net worth ratio is above that band's 10.89% median.
Credit unions merged into Red Canoe Credit Union
Cowlitz Credit Union (2014)
Frequently asked about Red Canoe Credit Union
How big is Red Canoe Credit Union?
At Q2 2026 it reported total assets of $1.21B and 60,869 members.
Where is Red Canoe Credit Union headquartered?
It is headquartered in Longview, WA, United States.
When was Red Canoe Credit Union founded?
It was established in 1938, per NCUA records.
Is Red Canoe Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 68196): 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 Red Canoe 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 Red Canoe Credit Union well capitalized?
Its net worth ratio was 12.28% 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 Red Canoe Credit Union's delinquency ratio?
Its delinquency ratio was 0.60% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Red Canoe Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 92.70% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Longview, WA 98632
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1938
- NCUA Charter #
- 68196
- RSSD ID
- 90999
- Members
- 60,869
- Potential members
- 8,309,400
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B 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 12.63% | 12.28% | 10.89% | 70th above |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.68% | 0.89% | 33rd below |
| Return on equity Middle half of peers: 5.37% to 10.92% | 5.56% | 8.07% | 27th below |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 4.12% | 3.45% | 88th top |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 74.86% | 70.59% | 34th below |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.24% | 1.68% | 82nd top |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.60% | 0.68% | 59th above |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 5.36% | 5.12% | 68th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 92.70% | 88.03% | 66th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.21B total assets against $1.16B; $1.05B total shares and deposits against $995.8M; $970.5M total loans against $916.7M.
$148.8M net worth against $139.4M.
12.28% net worth ratio against 12.06%.
92.70% loan-to-share ratio against 92.06%.
0.60% delinquency ratio against 0.47%.
0.68% return on assets against 1.08%; 5.56% return on equity against 8.99%.
4.12% net interest margin against 4.00%.
60,869 members against 59,393.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 12.28% | 0.68% | 0.60% | 92.70% |
| March 31, 2026 | 12.13% | 0.91% | 0.53% | 90.87% |
| December 31, 2025 | 12.32% | 0.41% | 0.64% | 93.07% |
| September 30, 2025 | 12.28% | 1.16% | 0.58% | 92.64% |
| June 30, 2025 | 12.06% | 1.08% | 0.47% | 92.06% |
| March 31, 2025 | 11.77% | 0.79% | 0.27% | 88.90% |
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.