Seattle Credit Union

Seattle Credit Union is a United States credit union headquartered in Seattle, Washington, chartered and regulated under the authority of the National Credit Union Administration (NCUA).

Seattle Credit Union
TypeCredit union
IndustryFinancial services
Founded1933
HeadquartersSeattle, Washington, United States
Number of locations
9 [1]
Area served
Seattle, Washington
ProductsSavings; checking; consumer loans; mortgages; credit cards; C&I loan; investments; online banking
Total assets$833,839,034[2]
Members46,733 members[3]
Websiteseattlecu.com

History

Seattle Metropolitan Credit Union (DBA Seattle Credit Union) was founded by Seattle municipal employees in 1933 under the name City Credit Union, before taking its current name in 1997.[1] In 2003 the credit union merged with the Teamsters' Credit Union, acquiring $11 million in assets, 3,100 new members, and a single branch location on Seattle's Denny Way.[4] Another merger took place in 2007, with Credit Union Northwest.[5] In 2015, the credit union merged with Northwest Baptist Federal Credit Union.[6]

As of 2015, the chief executive officer of Seattle Credit Union is Richard Romero.[7] In 2016 the company began offering loans for people to submit and maintain their citizenship applications.[8] In 2017 the company dropped the “Metropolitan” from its official name, becoming Seattle Credit Union. At the same time, the company changed its logo and renovated some branches.[9] That year they were also designated a Juntos Avanzamos institution.[10]

Locations

Seattle Credit Union's headquarters is located on 1st Avenue South in Seattle across from Safeco Field. In addition to its administrative headquarters, Seattle Credit Union operates nine branches in Beacon Hill, Burien, Downtown Seattle, Georgetown, Kirkland, Lynnwood, Northgate, Southcenter, and Rainier.[11]

Products & Services

Seattle Credit Union is a lender for commercial, residential, and personal loans and mortgages, and is a credit card provider, and issues checking and savings accounts.

References
  1. "Richard Romero chosen as Seattle Metropolitan Credit Union CEO". Seattle Business Journal. 31 January 2012. Retrieved 6 January 2014.
  2. "Credit Union Data And Trends". credituniondirectory.net.
  3. "Credit Union Details". mapping.ncua.gov.
  4. "Seattle Metropolitan Credit Union acquires Teamsters' Credit Union". Puget Sound Business Journal. 3 September 2003. Retrieved 6 January 2014.
  5. "Seattle Metropolitan CU and CU Northwest to Merge in June". Credit Union Times. 25 April 2007. Retrieved 6 January 2015.
  6. Michael Bartlett (October 5, 2015). "$3 Million Northwest Baptist FCU Merges Into Seattle Metro". Credit Union Journal.
  7. "CREDIT UNION INFORMATION". ncua.gov. National Credit Union Administration. March 2017.
  8. "Seattle, credit union launch loan program to help immigrants gain U.S. citizenship". 10 August 2016.
  9. "Seattle Credit Union drops Metropolitan from name". Credit Union Journal.
  10. "Seattle Metro Earns Juntos Avanzamos Designation". CUToday. CU Today.
  11. "Seattle Metropolitan Credit Union Locations of 9 Branch Offices". www.creditunionsonline.com.
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