Home
Contents
Explore
Search

Cascade Credit Union

Overview
Back to Top

Cascade Credit Union is a federal credit union based in Kent, Washington. It has been opened since 1952, for 68 years.

With around $305,050,000 in assets, Cascade Credit Union is considered to be a very large credit union.

About
Address 18020 80th Avenue S.
Kent, Washington 98032
Website http://www.cascadefcu.org
Phone (425) 251-8888
CEO Carl Roer
President of the Board Tom Elledge
Services Offered
Map
Back to Top
Score Card
Back to Top
68 years
Years in business
Opened in 1952
Well Capitalized
Net worth classification
Source: NCUA
9,209 members
Membership type: Multiple common bond – primary transportation
Above average number of members
307:1
Credit union member to staff ratio
307 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$305,046,232
Total assets
Above average
4 branches
Compared with an average of 4 nationally and 6 in Washington
Above average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
4 branches
Compared with an average of 4 nationally and 6 in Washington
Above average number of branches
Cascade Credit Union Branch Locations

Cascade Credit Union: Vancouver
805 NE 98th Circle Suite 106
Vancouver, Washington 98665
No ATM
Cascade Credit Union: Everett
12916 4th Avenue W.
Everett, Washington 98204
No ATM
Cascade Credit Union: Kent
18020 80th Avenue S.
Kent, Washington 98032
No ATM
Cascade Credit Union: Seattle
4035 23rd Avenue W.
Seattle, Washington 98199
No ATM
Members
Back to Top
9,209 members
Membership type: Multiple common bond – primary transportation
Above average number of members

With 9,209 members, the Cascade Credit Union is considered to be a large credit union. It is larger than 69% of credit unions.

Fees
Back to Top
$24
Average fee per member
The average fee per member at the Cascade Credit Union is $24, which is low compared to most credit unions. This rate is lower than 70% of all credit unions.
Fees are lower than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Cascade Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
307:1
Credit union member to staff ratio
307 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
30 staff members
FTE (full-time equivalent)
12% of employees are part-time
28 full-time, 4 part-time

Cascade Credit Union has 28 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 88% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Cascade Credit Union has around 307 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
Back to Top
$305,046,232
Total assets
Above average
Net worth
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.7%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
Back to Top
$14,632
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 78% of credit unions.

Cascade Credit Union holds a total of $93,340,000 in loans and leases, which is about $14,632 per member on average.

Savings interest rate
Back to Top
0.25%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Cascade Credit Union pays 0.25%.

Loan rates
Back to Top
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
6.95%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.29%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
4.04%
New car loan rate
Compared to 4.0% nationally
2.99%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
2.99%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.35%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally