Credit Unions in the State of Washington

Credit unions in Washington state are part of a larger network of nonprofit financial cooperatives that offer a range of financial services to their members. While the specific entity "Credit Unions in the State of Washington" (EIN: 91-603-4751) is not prominently documented, the state's credit unions as a whole play a significant role in local communities.

Overview of Washington's Credit Unions

• Number and Impact: There are 52 credit unions in Washington, employing a substantial workforce and managing significant financial assets. Collectively, they earn over $2 billion in revenue annually and hold assets of $52 billion[1].
• Revenue Distribution: The majority of revenue is generated by larger credit unions like Spokane Teachers Credit Union, Gesa Credit Union, Washington State Employees Credit Union (WSECU), Numerica Credit Union, and HAPO Community Credit Union[1].

Regulatory Framework

• Supervision: The Washington State Division of Credit Unions is responsible for examining and supervising state credit unions to ensure safety, soundness, and compliance with applicable laws[2].
• Chartering: Credit unions in the state can be chartered by either the state or federal government. The Division of Credit Unions regulates state-chartered credit unions, while federal credit unions are overseen by the National Credit Union Administration (NCUA)[2][3].

Products and Services

While specific details about "Credit Unions in the State of Washington" (EIN: 91-603-4751) are not available, Washington's credit unions generally offer a variety of financial products and services, including:

• Checking and Savings Accounts: Basic financial accounts designed for personal use.
• Loans: Options for personal, auto, and home equity loans.
• Credit Cards: Various card options with features like cash-back rewards or low rates.
• Mortgage Services: Assistance with home purchases and refinancing.

Community Involvement

Many credit unions in Washington are deeply involved in their communities, focusing on financial literacy, community development, and support for local initiatives[5].

Note

The specific credit union referred to as "Credit Unions in the State of Washington" with EIN 91-603-4751 and web domain uhscu.org does not appear in available records. The information provided here generally outlines the role and characteristics of credit unions in Washington state.

[1] https://www.causeiq.com/directory/credit-unions-list/washington-state/ [2] https://dfi.wa.gov/credit-unions [3] https://dfi.wa.gov/credit-unions/who-we-regulate [4] https://wsecu.org [5] https://www.harborstone.com