Credit Union Safety Analysis
Is Whatcom Educational Credit Union Safe? Bellingham, Washington
Based on its Q2 2026 NCUA 5300 call report, Whatcom Educational Credit Union has a net worth ratio of 11.21%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.69%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Whatcom Educational Credit Union's net worth ratio is 11.21%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 11.21%
- Delinquency ratio (60+ days) (Q2 2026): 0.69%
- Return on assets (Q2 2026): 0.78%
- Loan-to-share ratio (Q2 2026): 100.64%
Whatcom Educational Credit Union (NCUA charter 66373, established 1936) reported $3.40B in assets and 170,493 members for Q2 2026 from Bellingham, Washington. It ranks 8 of 73 credit unions in Washington by total assets. Total assets grew 11.2% from $3.06B on June 30, 2025. It has 2,666 more members than on June 30, 2025 (+1.6%). Its net worth ratio was down 0.69 percentage points from 11.90% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $1.28B of $2.77B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.69% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 454 credit unions with $1B to $10B in assets: 10.89%; middle half of peers: 9.81% to 12.63%.
Earlier filings: 11.25% for Q1 2026; 11.90% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.68%; middle half of peers: 0.45% to 1.05%.
Earlier filings: 0.70% for Q1 2026; 0.72% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 0.89%; middle half of peers: 0.59% to 1.25%.
Earlier filings: 0.57% for Q1 2026; 0.60% for Q2 2025.
Median of the 454 credit unions with $1B to $10B in assets: 88.03%; middle half of peers: 78.23% to 95.19%.
Earlier filings: 99.21% for Q1 2026; 103.96% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $1.28B
- Commercial loans: $668.6M
- Used vehicle loans: $399.4M
- Other unsecured loans and lines of credit: $185.7M
- Other secured non-real estate loans and lines of credit: $110.0M
- New vehicle loans: $62.6M
- Unsecured credit card loans: $57.7M
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $3.40B | 11.21% | 0.69% | 0.78% | 100.64% |
| March 31, 2026 | $3.33B | 11.25% | 0.70% | 0.57% | 99.21% |
| December 31, 2025 | $3.33B | 11.07% | 0.74% | 0.32% | 97.09% |
| September 30, 2025 | $3.14B | 11.68% | 0.72% | 0.39% | 99.30% |
| June 30, 2025 | $3.06B | 11.90% | 0.72% | 0.60% | 103.96% |
| March 31, 2025 | $3.00B | 11.99% | 0.64% | 0.37% | 100.42% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Whatcom Educational Credit Union profile
Regulator records: NCUA credit union profile (charter 66373) · FFIEC NIC profile (RSSD 656395)
Frequently asked questions
Is Whatcom Educational Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Whatcom Educational Credit Union's net worth ratio is 11.21%, above the 7% NCUA threshold for well capitalized.
Is Whatcom Educational Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Whatcom Educational Credit Union is a federally insured credit union (NCUA charter 66373): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Whatcom Educational Credit Union's key safety ratios?
For Q2 2026, Whatcom Educational Credit Union reports net worth 11.21%, delinquency 0.69%, ROA 0.78%, loan-to-share 100.64%.
What happens to my money if Whatcom Educational Credit Union fails?
For Q2 2026, Whatcom Educational Credit Union held $2.75B in shares and deposits for 170,493 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.