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Washington State Employees

Olympia, WA · Est. 1957
B
Trust Grade
Strong
Score: 82/100

Washington State Employees is a credit union based in Olympia, Washington, established in 1957, with $5.1 billion in total assets serving 319,691 members. By Trust Grade it ranks 64th of 75 credit unions we track in Washington. Its net worth ratio of 9.7% trails most similarly sized credit unions (26th percentile), versus a Washington median of 12.4%. It posted a loss over the most recent period (-0.04% return on assets), a point to watch. No consumer complaints against Washington State Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$5.1B
$1B–10B institution
Members
319,691
Shares & deposits
Net worth ratio
9.7%
Bottom 26% of $1B–10B peers · Washington median 12.4%
Return on assets
-0.0%
Bottom 3% of $1B–10B peers · Washington median 0.56%
Rank in Washington
#64
of 75 credit unions

How Washington State Employees compares to Washington peers

Net worth ratio
Bottom 26% of $1B–10B peers
Washington State
9.7%
Washington median
12.4%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 3% of $1B–10B peers
Washington State
-0.0%
Washington median
0.6%
Higher ROA = more profitable relative to asset base

How we graded Washington State Employees

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
82/100
Customer experience
n/a
Overall
B · 82
  • Well-capitalized (9.7% capital ratio)
  • Unprofitable over the period (ROA -0.04%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Washington State Employees over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Washington State Employees insured?

Yes. Washington State Employees 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.

Washington State Employees: frequently asked questions

Is Washington State Employees a good credit union?

Washington State Employees earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Well-capitalized (9.7% capital ratio); Unprofitable over the period (ROA -0.04%).

Is Washington State Employees NCUA-insured?

Yes. Washington State Employees 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 Washington State Employees?

Washington State Employees holds $5.1 billion in total assets, ranking 64th of 75 credit unions we track in Washington. It serves 319,691 members.

Does Washington State Employees have CFPB complaints?

No CFPB complaints against Washington State Employees appear in our data over the analysis window, which is typical for a credit union of this size.

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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.

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