State credit union · LONGVIEW, Washington · NCUA charter #68196
Red Canoe
Health score 93/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 93
- Health / 100
- $1.17B
- Total assets
- 59,971
- Members
- 12.1%
- Net-worth ratio
Red Canoe scores 93/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.17B; members 59,971; net-worth ratio 12.13%; health rank #634 of 4,374; healthier than 84th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#634 of 4,374 health · 2025Q4Red Canoe · health 93/100 · $1.17B · 2025Q4
Call Report peers
Red Canoe in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Red Canoe vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Red Canoe sits in 90-94 with 747 others.
93 Top 16% higher than 84% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
Red Canoe: Call Report deltas vs peers
- Loan-to-Share Ratio leads the peer set - 93.07% here, 83.90% peer average (+9.17 pp).
Where Red Canoe sits in Washington
- Washington health ordinal: #12 of 75.
- By total assets, Red Canoe is #16 of 75 in Washington.
- Washington membership ordinal: #18 of 75.
- One place up in Washington, Spokane City (#11) scores 94/100, 1 point higher; one place down, Spokane Teachers (#13) ties at 93/100.
How Red Canoe's 5300 filing moved
Red Canoe: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.5% from $1.17B (2025Q4) to $1.21B (2026Q1).
- Net-worth ratio shifted -0.19 pp (12.32% → 12.13%).
This credit union's 12.13% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 93/100 score is built
Red Canoe gives up 7 points in total. Member Growth costs the most, 4.5 of its 15; Net Worth Ratio and Return on Assets score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 23.6 pts
- Return on Assets 15.0 pts
- Member Growth 10.5 pts
- Loan-to-Share Ratio 13.9 pts
Red Canoe health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 12.13% | +0.95 pp |
| Delinquency Rate | 0.64% | -0.24 pp |
| Return on Assets | 0.55% | +0.04 pp |
| Member Growth | 1.27% | - |
| Loan-to-Share Ratio | 93.07% | +9.17 pp |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
Call Report history - Red Canoe
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $1.21B | - |
| 2025Q4 | $1.17B | 59,971 |
| 2024Q4 | $1.14B | 59,219 |
| 2023Q4 | $1.16B | 59,944 |
Credit Union Details
- Charter Number
- 68196
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Washington
- City
- LONGVIEW
- Data Quarter
- 2025Q4
Branch Locations (12)
Per its most recent NCUA branch filing, Red Canoe runs 12 offices in 9 different cities across 2 states.
| Office | City |
|---|---|
| Red Canoe Credit Union (Main Office) | Longview, WA |
| Albany Red Canoe CU | Albany, OR |
| Lake Tapps | Auburn, WA |
| Castle Rock | Castle Rock, WA |
| Covington Red Canoe CU | Covington, WA |
| Federal Way Red Canoe CU | Federal Way, WA |
| Kelso Red Canoe CU | Kelso, WA |
| 30th Ave Red Canoe CU | Longview, WA |
| Call Center Winters Building | Longview, WA |
| Puyallup 165th Red Canoe CU | Puyallup, WA |
| South Hill Mall Branch | Puyallup, WA |
| Woodland Red Canoe CU | Woodland, WA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Washington
More federally-insured credit unions based in Washington, ordered by peer group match and asset size.
Nationwide credit unions with similar profiles
Using this data
- Red Canoe ranks #634 of 4,374 nationally on financial health and #12 of 75 in WA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- SALAL is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with SALAL
Frequently Asked Questions
Is Red Canoe financially healthy?
Red Canoe has a financial health score of 93/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #634 of 4,374 nationally on health and #12 of 75 in Washington. Its net worth ratio is 12.13% and its delinquency rate 0.64%.
How does Red Canoe compare to other credit unions?
Red Canoe scores 93/100, higher than 84% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is loan-to-share ratio (93.07% vs 83.90%).
How can I join Red Canoe?
Membership eligibility for Red Canoe depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Red Canoe directly for current membership requirements and application steps.
Is my money safe at Red Canoe?
Red Canoe 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. Red Canoe's net worth ratio of 12.13% 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.