State credit union · OLYMPIA, Washington · NCUA charter #60042
Washington State Employees
Health score 83/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 83
- Health / 100
- $5.09B
- Total assets
- 317,039
- Members
- 9.7%
- Net-worth ratio
Washington State Employees scores 83/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $5.09B; members 317,039; net-worth ratio 9.71%; health rank #2,327 of 4,374; healthier than 46th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#2,327 of 4,374 health · 2025Q4Washington State Employees · health 83/100 · $5.09B · 2025Q4
- NW 83/100
- DELQ 9.7%
- ROA 0.72%
- ASSETS 0.09%
- MEM $5.09B
- RANK 317,039
- PHOTO #2,327/4,374
- BOOK FOUNDERS
- CHARTER 60042
Call Report peers
Washington State Employees in the assets neighbourhood
Washington State Employees's $5.09B assets sit next to FOUNDERS ($5.09B) 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.
Washington State Employees 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
83 46th percentile higher than 46% 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
Washington State Employees - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #60042. See our deposit-insurance coverage note.
Peer-gap read for Washington State Employees
- Loan-to-Share Ratio leads the peer set - 88.84% here, 83.90% peer average (+4.94 pp).
- Net Worth Ratio trails the peer set - 9.71% here, 11.18% peer average (-1.47 pp).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
Washington State Employees: in-state Call Report ranks
- Washington health ordinal: #44 of 75.
- Assets rank #4 of 75 inside Washington ($5.09B reported).
- Washington membership ordinal: #2 of 75.
In-state ordinals use the live credit_unions table for WA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Washington State Employees Call Report trajectory
Washington State Employees: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +0.4% from $5.09B (2025Q4) to $5.11B (2026Q1).
- Net-worth ratio shifted -0.06 pp (9.77% → 9.71%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 9.71% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 83/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 83.
- Net Worth Ratio 29.3 pts
- Delinquency Rate 22.8 pts
- Return on Assets 8.5 pts
- Member Growth 7.6 pts
- Loan-to-Share Ratio 14.8 pts
Washington State Employees vs peer ratios
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.71% | -1.47 pp |
| Delinquency Rate | 0.72% | -0.15 pp |
| Return on Assets | 0.09% | -0.42 pp |
| Member Growth | -0.76% | - |
| Loan-to-Share Ratio | 88.84% | +4.94 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Washington State Employees filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $5.11B | - |
| 2025Q4 | $5.09B | 317,039 |
| 2024Q4 | $5.17B | 319,463 |
| 2023Q4 | $5.36B | 314,821 |
Credit Union Details
- Charter Number
- 60042
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Washington
- City
- OLYMPIA
- Data Quarter
- 2025Q4
Branch Locations (25)
Per its most recent NCUA branch filing, Washington State Employees runs 25 offices in 19 different cities.
| Office | City |
|---|---|
| OLYMPIA - MAIN OFFICE/HQ2 (Main Office) | OLYMPIA, WA |
| BELLEVUE | Bellevue, WA |
| CHEHALIS | Chehalis, WA |
| ELLENSBURG | ELLENSBURG, WA |
| EVERETT | Everett, WA |
| FEDERAL WAY DASH POINT | Federal Way, WA |
| LACEY CREDIT UNION CENTER | Lacey, WA |
| HAWKS PRAIRIE | Lacey, WA |
| LAKEWOOD | Lakewood, WA |
| MEDICAL LAKE | Medical Lake, WA |
| OLYMPIA MARTIN WAY | Olympia, WA |
| OLYMPIA WESTSIDE | Olympia, WA |
| PULLMAN CUB | Pullman, WA |
| PULLMAN BISHOP | Pullman, WA |
| PUYALLUP SOUTH HILL | Puyallup, WA |
| SEATTLE UNIVERSITY | Seattle, WA |
| SEATTLE FAIRVIEW | Seattle, WA |
| SPOKANE | Spokane, WA |
| SPOKANE DIVISION | Spokane, WA |
| SPOKANE VALLEY | Spokane Valley, WA |
| TACOMA JAMES | Tacoma, WA |
| TUMWATER TROSPER | Tumwater, WA |
| TUMWATER TOWN CENTER | Tumwater, WA |
| STATE HIGHWAY - UNION GAP | Union Gap, WA |
| YAKIMA | Yakima, WA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Washington
Other federally-insured credit unions in Washington, closest first by peer group and asset size.
Washington State Employees nationwide neighbourhoods
Washington State Employees's nationwide photo peers by assets and by health score, excluding Washington charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($5.09B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (83/100 here).
Using this data
- Washington State Employees ranks #2,327 of 4,374 nationally on financial health and #44 of 75 in WA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- PEAK is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with PEAK
- 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 Washington State Employees financially healthy?
A 9.71% net worth ratio and a 0.72% delinquency rate feed into Washington State Employees's financial health score of 83/100 (Excellent), from NCUA 5300 Call Report data as of Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #2,327 of 4,374; by total assets it ranks #86 of 4,374 nationally (same basis as /rankings/largest); and #4 of 75 within Washington. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does Washington State Employees compare to other credit unions?
PlainCU's health composite puts Washington State Employees at 83/100, compared to a peer group average for Over $500M credit unions. It's a weighted blend of five NCUA-reported figures: net worth ratio (30% of the score), 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 Washington State Employees?
Membership eligibility for Washington State Employees depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Washington State Employees directly for current membership requirements and application steps.
Is my money safe at Washington State Employees?
Federal credit unions like Washington State Employees 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. Washington State Employees's net worth ratio of 9.71% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Washington State Employees offer compared to banks?
Credit unions like Washington State Employees 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 Washington State Employees 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.