Forrit
Forrit is a credit union based in Clackamas, Oregon, established in 1936, with $84 million in total assets serving 4,532 members. By Trust Grade it ranks 44th of 47 credit unions we track in Oregon. Its net worth ratio of 10.1% trails most similarly sized credit unions (18th percentile), versus a Oregon median of 12.8%. It posted a loss over the most recent period (-0.04% return on assets), a point to watch. No consumer complaints against Forrit appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Forrit compares to Oregon peers
How we graded Forrit
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.1% capital ratio)
- Unprofitable over the period (ROA -0.04%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Forrit over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Forrit insured?
Yes. Forrit is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Forrit: frequently asked questions
Is Forrit a good credit union?
Forrit earns a Bankzia Trust Grade of B (83/100, "Strong"), based on a financial-strength score of 83/100 (it has no CFPB complaints on record). Well-capitalized (10.1% capital ratio); Unprofitable over the period (ROA -0.04%).
Is Forrit NCUA-insured?
Yes. Forrit is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Forrit?
Forrit holds $84 million in total assets, ranking 44th of 47 credit unions we track in Oregon. It serves 4,532 members.
Does Forrit have CFPB complaints?
No CFPB complaints against Forrit appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
