Seattle Metropolitan Credit Union Seattle, Washington
Seattle Metropolitan Credit Union is a state-chartered credit union headquartered in Seattle, WA, established in 1933 (NCUA charter 68315), and it is regulated and insured by the NCUA. At Q2 2026 it reported 46,942 members and total assets of $1.17B (up 6.6% from Q2 2025), the 17th largest of 73 credit unions headquartered in Washington. Its net worth ratio was 11.50% at Q2 2026, in the well capitalized band.
Also written as Seattle Metropolitan CU · Trade name filed with the NCUA: Seattle Credit Union
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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
- 68315
- Headquarters
- Seattle, WA
- Established
- 1933
- Total assets, Q2 2026
- $1.17B
- Assets vs Q2 2025
- +6.6%
- Members, Q2 2026
- 46,942
- Net worth ratio, Q2 2026
- 11.50%
- Latest call report
- Q2 2026, NCUA 5300 · Seattle Metropolitan Credit Union call report
- Asset rank in state
- 17th of 73 in Washington
- Routing number
- 325081500
- Branches
- 9
It has 8,106 fewer members than on June 30, 2025 (-14.7%). Its net worth ratio was down 0.76 percentage points from 12.26% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $384.7M of $988.3M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.63% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 11.50% net worth ratio is above that band's 10.89% median.
Credit unions merged into Seattle Metropolitan Credit Union
Frequently asked about Seattle Metropolitan Credit Union
How big is Seattle Metropolitan Credit Union?
At Q2 2026 it reported total assets of $1.17B and 46,942 members.
Where is Seattle Metropolitan Credit Union headquartered?
It is headquartered in Seattle, WA, United States.
When was Seattle Metropolitan Credit Union founded?
It was established in 1933, per NCUA records.
Is Seattle Metropolitan Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 68315): 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 Seattle Metropolitan 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 Seattle Metropolitan Credit Union well capitalized?
Its net worth ratio was 11.50% 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 Seattle Metropolitan Credit Union's delinquency ratio?
Its delinquency ratio was 0.63% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Seattle Metropolitan Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 107.30% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Seattle, WA 98134
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1933
- NCUA Charter #
- 68315
- RSSD ID
- 74793
- Members
- 46,942
- Potential members
- 8,001,020
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 1 of 7 ranked measures and in the bottom quartile on 3.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 11.50% | 10.89% | 59th above |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.38% | 0.89% | 15th bottom |
| Return on equity Middle half of peers: 5.37% to 10.92% | 3.35% | 8.07% | 14th bottom |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 4.11% | 3.45% | 88th top |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 77.94% | 70.59% | 23rd bottom |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.96% | 1.68% | 27th below |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.63% | 0.68% | 56th above |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 6.07% | 5.12% | over 90th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 107.30% | 88.03% | over 90th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.17B total assets against $1.10B; $921.1M total shares and deposits against $875.8M; $988.3M total loans against $912.8M.
$134.5M net worth against $134.8M.
11.50% net worth ratio against 12.26%.
107.30% loan-to-share ratio against 104.23%.
0.63% delinquency ratio against 0.65%.
0.38% return on assets against 0.27%; 3.35% return on equity against 2.23%.
4.11% net interest margin against 4.04%.
46,942 members against 55,048.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 11.50% | 0.38% | 0.63% | 107.30% |
| March 31, 2026 | 11.71% | -0.32% | 0.67% | 105.97% |
| December 31, 2025 | 11.93% | 0.15% | 0.75% | 106.29% |
| September 30, 2025 | 12.44% | 0.50% | 0.78% | 104.19% |
| June 30, 2025 | 12.26% | 0.27% | 0.65% | 104.23% |
| March 31, 2025 | 12.08% | 0.28% | 0.65% | 103.99% |
Scroll sideways to see every column.
Watch flags
Loans outstanding exceed total member shares (deposits). The credit union is funding the gap with borrowings or non-member sources that are more rate-sensitive and less stable than core member deposits. Industry heuristic, not a supervisory threshold.
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.