Sound Credit Union Tacoma, Washington
Sound Credit Union is a state-chartered credit union headquartered in Tacoma, WA, established in 1940 (NCUA charter 66331), and it is regulated and insured by the NCUA. At Q2 2026 it reported 184,758 members and total assets of $3.40B (up 6.2% from Q2 2025), the 7th largest of 73 credit unions headquartered in Washington. Its net worth ratio was 11.01% at Q2 2026, in the well capitalized band.
Also written as Sound 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
- 66331
- Headquarters
- Tacoma, WA
- Established
- 1940
- Total assets, Q2 2026
- $3.40B
- Assets vs Q2 2025
- +6.2%
- Members, Q2 2026
- 184,758
- Net worth ratio, Q2 2026
- 11.01%
- Latest call report
- Q2 2026, NCUA 5300 · Sound Credit Union call report
- Asset rank in state
- 7th of 73 in Washington
- Routing number
- 325183220
- Branches
- 27
It has 10,572 more members than on June 30, 2025 (+6.1%). Its net worth ratio was up 0.05 percentage points from 10.96% on June 30, 2025. Commercial loans are its largest loan category, $895.3M of $2.74B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.18% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 11.01% net worth ratio is above that band's 10.89% median.
Credit unions merged into Sound Credit Union
Fluke Employees Federal Credit Union (2020) · Port of Seattle Federal Credit Union (2015) · Darigold Federal Credit Union (2014)
Frequently asked about Sound Credit Union
How big is Sound Credit Union?
At Q2 2026 it reported total assets of $3.40B and 184,758 members.
Where is Sound Credit Union headquartered?
It is headquartered in Tacoma, WA, United States.
When was Sound Credit Union founded?
It was established in 1940, per NCUA records.
Is Sound Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 66331): 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 Sound 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 Sound Credit Union well capitalized?
Its net worth ratio was 11.01% 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 Sound Credit Union's delinquency ratio?
Its delinquency ratio was 1.18% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Sound Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 93.71% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Tacoma, WA 98402
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1940
- NCUA Charter #
- 66331
- RSSD ID
- 248473
- Members
- 184,758
- Potential members
- 7,812,880
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 0 of 7 ranked measures and in the bottom quartile on 1.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 11.01% | 10.89% | 52nd above |
| Return on assets Middle half of peers: 0.59% to 1.25% | 1.05% | 0.89% | 61st above |
| Return on equity Middle half of peers: 5.37% to 10.92% | 9.52% | 8.07% | 63rd above |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.61% | 3.45% | 62nd above |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 66.17% | 70.59% | 65th above |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.70% | 1.68% | 48th below |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 1.18% | 0.68% | 20th bottom |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 5.32% | 5.12% | 65th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 93.71% | 88.03% | 70th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$3.40B total assets against $3.20B; $2.93B total shares and deposits against $2.76B; $2.74B total loans against $2.58B.
$374.6M net worth against $351.2M.
11.01% net worth ratio against 10.96%.
93.71% loan-to-share ratio against 93.61%.
1.18% delinquency ratio against 1.19%.
1.05% return on assets against 0.60%; 9.52% return on equity against 5.45%.
3.61% net interest margin against 3.35%.
184,758 members against 174,186.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 11.01% | 1.05% | 1.18% | 93.71% |
| March 31, 2026 | 10.60% | 0.83% | 1.63% | 88.52% |
| December 31, 2025 | 10.74% | 0.56% | 1.72% | 90.36% |
| September 30, 2025 | 10.90% | 0.51% | 1.43% | 92.54% |
| June 30, 2025 | 10.96% | 0.60% | 1.19% | 93.61% |
| March 31, 2025 | 10.96% | 0.43% | 1.02% | 92.61% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 1% of the loan book, above the typical credit-union range. Worth watching the trend in coming quarters. BankRegReports early-warning band.
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.