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
Call Report peers
Puget Sound Cooperative in the assets neighbourhood
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
The busiest band is 85-89 (858 credit unions); Puget Sound Cooperative sits in 80-84 with 767 others.
84 Top 50% higher than 50% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
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).
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).
- One place up in Washington, Tacoma Longshoremen (#40) scores 85/100, 1 point higher; one place down, Spokane Media (#42) ties at 84/100.
How Puget Sound Cooperative's 5300 filing moved
Puget Sound Cooperative: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.9% from $269.5M (2025Q4) to $280.0M (2026Q1).
- Net-worth ratio shifted -0.36 pp (11.29% → 10.93%).
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
Puget Sound Cooperative gives up 16 points in total. Member Growth costs the most, 10.8 of its 15; Net Worth Ratio and Delinquency Rate score full marks.
- 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 |
Peer averages: $100M–$500M cohort, 1069 credit unions, 2025Q4 filing.
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
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
Frequently Asked Questions
Is Puget Sound Cooperative financially healthy?
On its 2025Q4 NCUA 5300 filing, Puget Sound Cooperative scores 84/100 (Excellent), with a 10.93% net worth ratio and 0.45% of loans delinquent. It ranks #2,138 of 4,374 nationally on health and #41 of 75 in Washington.
How does Puget Sound Cooperative compare to other credit unions?
Puget Sound Cooperative scores 84/100, higher than 50% of the 4,374 scored credit unions. Against the 1069 peers in the $100M–$500M cohort, its widest edge is loan-to-share ratio (93.23% vs 72.20%). Its widest shortfall is net worth ratio (10.93% vs 12.11%).
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?
Puget Sound Cooperative is a state-chartered credit union; its shares are federally 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."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.