Charter 66337 · Bellingham, WA
Industrial CU of Whatcom County Credit Union
Industrial CU of Whatcom County Credit Union is a state-chartered credit union in Bellingham, Washington, with $392 million in assets and 32,854 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 12.06%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $392 million
- -3.2% in a year
- Members
- 32,854
- -3.3% in a year
- Net worth ratio
- 12.06%
- Peer median 11.65%
- Loans 60+ days late
- 0.26%
- Peer median 0.70%
- Loans outstanding
- $258 million
- -0.1% in a year
- Shares and deposits
- $341 million
- -4.4% in a year
- Branches
- 6
- 108 employees
- Opened
- 1941
- Washington charter
How Industrial CU of Whatcom County Credit Union compares
NCUA groups credit unions by size; Industrial CU of Whatcom County Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 12.06% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.26%, is lower than the group median of 0.70%. Loans fell 0.1% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 28 of 73 credit unions headquartered in Washington. See all Washington credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $392 million | 32,854 | $258 million | 12.06% | 0.26% |
| Q1 2026 | $395 million | 33,072 | $258 million | 11.77% | 0.43% |
| Q4 2025 | $388 million | 33,218 | $258 million | 11.90% | 0.65% |
| Q3 2025 | $396 million | 33,592 | $257 million | 11.58% | 0.73% |
| Q2 2025 | $405 million | 33,961 | $258 million | 11.12% | 0.57% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 237,222 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 6 sites for Industrial CU of Whatcom County Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Northwest Avenue
3233 Northwest Ave, Bellingham, WA 98225 - State Street (main office)
1100 N State St, Bellingham, WA 98225 - Ferndale
1739 Labounty Dr, Ferndale, WA 98248 - Nugents Corner
5619 Lawrence Rd, Everson, WA 98247 - Lynden
1980 Kok Rd, Lynden, WA 98264 - Safeway
1275 E Sunset Dr, Bellingham, WA 98226
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology