State credit union · Bellevue, Washington · NCUA charter #68204
Puget Sound Cooperative
Health score 84/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 84
- Health / 100
- $269.5M
- Total assets
- 17,240
- Members
- 10.9%
- Net-worth ratio
Puget Sound Cooperative scores 84/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $269.5M; members 17,240; net-worth ratio 10.93%; health rank #2,138 of 4,374; healthier than 50th of scored peers.
5300 filing masthead
NCUA 5300 Call Report Masthead
#2,138 of 4,374 health · 2025Q4Puget Sound Cooperative · health 84/100 · $269.5M · 2025Q4
- NW 84/100
- DELQ 10.9%
- ROA 0.45%
- ASSETS 0.27%
- MEM $269.5M
- RANK 17,240
- PHOTO #2,138/4,374
- BOOK Department of the Interior
- CHARTER 68204
Call Report peers
Puget Sound Cooperative in the assets neighbourhood
Puget Sound Cooperative's $269.5M assets sit next to Department of the Interior ($269.3M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Puget Sound Cooperative vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
84 Top 50% higher than 50% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
Puget Sound Cooperative - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #68204 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
Puget Sound Cooperative: Call Report deltas vs peers
- Strongest edge vs 1069 $100M–$500M peers is Loan-to-Share Ratio: +21.03 pp (93.23% vs 72.20%).
- Largest lag: Net Worth Ratio at 10.93% vs peer 12.11% (-1.18 pp).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Where Puget Sound Cooperative sits in Washington
- Health composite ranks #41 of 75 among scored Washington credit unions.
- By total assets, Puget Sound Cooperative is #32 of 75 in Washington.
- Membership ranks #30 of 75 among Washington CUs with a reported count (17,240 members).
In-state ordinals use the live credit_unions table for WA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How Puget Sound Cooperative's 5300 filing moved
Puget Sound Cooperative: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +3.9% from $269.5M (2025Q4) to $280.0M (2026Q1).
- Net-worth ratio shifted -0.36 pp (11.29% → 10.93%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 10.93% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 84/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 84.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 11.5 pts
- Member Growth 4.2 pts
- Loan-to-Share Ratio 13.3 pts
Call Report ratios for Puget Sound Cooperative
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 10.93% | -1.18 pp |
| Delinquency Rate | 0.45% | -0.44 pp |
| Return on Assets | 0.27% | -0.35 pp |
| Member Growth | -2.65% | - |
| Loan-to-Share Ratio | 93.23% | +21.03 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
Call Report history - Puget Sound Cooperative
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $280.0M | - |
| 2025Q4 | $269.5M | 17,240 |
| 2024Q4 | $263.6M | 17,710 |
| 2023Q4 | $255.7M | 18,199 |
Credit Union Details
- Charter Number
- 68204
- Type
- State
- Field of Membership
- Other
- Peer Group
- $100M–$500M
- State
- Washington
- City
- Bellevue
- Data Quarter
- 2025Q4
Branch Locations (3)
Puget Sound Cooperative operates 3 offices across 3 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Bellevue Office (Main Office) | Bellevue, WA |
| Renton Branch | Renton, WA |
| Vashon Office | Vashon, WA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Washington
A look at other Washington credit unions, ranked by how closely their peer group and asset size match this one.
Other-state peers near Puget Sound Cooperative
Puget Sound Cooperative's nationwide photo peers by assets and by health score, excluding Washington charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($269.5M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (84/100 here).
Using this data
- Puget Sound Cooperative ranks #2,138 of 4,374 nationally on financial health and #41 of 75 in WA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Great Northwest is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Great Northwest
- Rates and health both vary by institution, not just by state -- see how Washington credit unions compare overall before assuming this one is typical. Washington state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is Puget Sound Cooperative financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, Puget Sound Cooperative carries a financial health score of 84/100 (Excellent). On the national health ranking (same basis as /rankings/healthiest), it sits at #2,138 of 4,374; by total assets it ranks #1,092 of 4,374 nationally (same basis as /rankings/largest); and #32 of 75 within Washington. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 10.93% net worth ratio and a 0.45% delinquency rate.
How does Puget Sound Cooperative compare to other credit unions?
Puget Sound Cooperative scores 84/100 on PlainCU's health composite, compared to a peer group average for $100M–$500M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (30%), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join Puget Sound Cooperative?
Membership eligibility for Puget Sound Cooperative depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Puget Sound Cooperative directly for current membership requirements and application steps.
Is my money safe at Puget Sound Cooperative?
Federal credit unions like Puget Sound Cooperative are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Puget Sound Cooperative's net worth ratio of 10.93% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Puget Sound Cooperative offer compared to banks?
Credit unions like Puget Sound Cooperative are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Puget Sound Cooperative directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.