Federal credit union · Seattle, Washington · NCUA charter #16178
WATERFRONT
Health score 81/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 81
- Health / 100
- $93.9M
- Total assets
- 6,648
- Members
- 13.5%
- Net-worth ratio
WATERFRONT scores 81/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $93.9M; members 6,648; net-worth ratio 13.45%; health rank #2,575 of 4,374; healthier than 39th of scored peers.
NCUA Call Report stamp band
NCUA 5300 Call Report Masthead
#2,575 of 4,374 health · 2025Q4WATERFRONT · health 81/100 · $93.9M · 2025Q4
Call Report peers
WATERFRONT in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
WATERFRONT vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); WATERFRONT sits in 80-84 with 767 others.
81 39th percentile higher than 39% of 4,374 credit unions
every scored credit union, bucketed by value
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Source NCUA 5300 Call Report aggregates · 2025Q4
Peer-gap read for WATERFRONT
- Strongest edge vs 584 $50M–$100M peers is Loan-to-Share Ratio: +0.49 pp (63.09% vs 62.60%).
- Largest lag: Delinquency Rate at 1.58% vs peer 0.96% (+0.62 pp).
WATERFRONT: in-state Call Report ranks
- Health composite ranks #48 of 75 among scored Washington credit unions.
- Assets rank #45 of 75 inside Washington ($93.9M reported).
- Member book place in Washington: #40 of 75.
- One place up in Washington, White River (#47) ties at 81/100; one place down, HORIZON (#49) scores 80/100, 1 point lower.
Quarter path for WATERFRONT
WATERFRONT: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved -0.3% from $93.9M (2025Q4) to $93.6M (2026Q1).
- Net-worth ratio shifted +0.21 pp (13.24% → 13.45%).
13.45% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 81/100 score is built
WATERFRONT gives up 19 points in total. Delinquency Rate costs the most, 9.4 of its 25; Net Worth Ratio and Return on Assets score full marks.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 15.6 pts
- Return on Assets 15.0 pts
- Member Growth 7.1 pts
- Loan-to-Share Ratio 13.3 pts
Call Report ratios for WATERFRONT
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 13.45% | -0.17 pp |
| Delinquency Rate | 1.58% | +0.62 pp |
| Return on Assets | 1.07% | +0.41 pp |
| Member Growth | -1.07% | - |
| Loan-to-Share Ratio | 63.09% | +0.49 pp |
Peer averages: $50M–$100M cohort, 584 credit unions, 2025Q4 filing.
Call Report history - WATERFRONT
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $93.6M | - |
| 2025Q4 | $93.9M | 6,648 |
| 2024Q4 | $91.9M | 6,720 |
| 2023Q4 | $90.3M | 6,819 |
Credit Union Details
- Charter Number
- 16178
- Type
- Federal
- Field of Membership
- Other/Community
- Peer Group
- $50M–$100M
- State
- Washington
- City
- Seattle
- Data Quarter
- 2025Q4
Branch Locations (2)
WATERFRONT operates 2 offices in Seattle, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Main/Corp office (Main Office) | Seattle, WA |
| CoLocation | Seattle, 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.
Nationwide credit unions with similar profiles
Using this data
- WATERFRONT ranks #2,575 of 4,374 nationally on financial health and #48 of 75 in WA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Lower Columbia Longshoremen is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Lower Columbia Longshoremen
Frequently Asked Questions
Is WATERFRONT financially healthy?
On its 2025Q4 NCUA 5300 filing, WATERFRONT scores 81/100 (Excellent), with a 13.45% net worth ratio and 1.58% of loans delinquent. It ranks #2,575 of 4,374 nationally on health and #48 of 75 in Washington.
How does WATERFRONT compare to other credit unions?
WATERFRONT scores 81/100, higher than 39% of the 4,374 scored credit unions. Against the 584 peers in the $50M–$100M cohort, its widest edge is loan-to-share ratio (63.09% vs 62.60%). Its widest shortfall is delinquency rate (1.58% vs 0.96%).
How can I join WATERFRONT?
WATERFRONT operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact WATERFRONT directly for the exact boundaries and application steps.
Is my money safe at WATERFRONT?
WATERFRONT is a federal 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. WATERFRONT's net worth ratio of 13.45% 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.