Charter 66331 · Tacoma, WA
Sound Credit Union
Sound Credit Union is a state-chartered credit union in Tacoma, Washington, with $3.40 billion in assets and 184,758 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 11.01%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $3.40 billion
- +6.2% in a year
- Members
- 184,758
- +6.1% in a year
- Net worth ratio
- 11.01%
- Peer median 10.79%
- Loans 60+ days late
- 1.18%
- Peer median 0.67%
- Loans outstanding
- $2.74 billion
- +6.2% in a year
- Shares and deposits
- $2.93 billion
- +6.1% in a year
- Branches
- 26
- 447 employees
- Opened
- 1940
- Washington charter
How Sound Credit Union compares
NCUA groups credit unions by size; Sound Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 11.01% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 1.18%, is higher than the group median of 0.67%. Loans grew 6.2% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 7 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 | $3.40 billion | 184,758 | $2.74 billion | 11.01% | 1.18% |
| Q1 2026 | $3.45 billion | 181,030 | $2.64 billion | 10.60% | 1.63% |
| Q4 2025 | $3.34 billion | 177,657 | $2.61 billion | 10.74% | 1.72% |
| Q3 2025 | $3.26 billion | 176,108 | $2.60 billion | 10.90% | 1.43% |
| Q2 2025 | $3.20 billion | 174,186 | $2.58 billion | 10.96% | 1.19% |
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 7.8 million 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 27 sites for Sound Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Downtown Tacoma Branch (main office)
1331 Broadway, Tacoma, WA 98402 - Auburn Branch
1202 Outlet Collection Way Sw Ste 107, Auburn, WA 98001 - Lakewood Branch
7717 Bridgeport Way W, Lakewood, WA 98499 - Olympia Branch
3600 Martin Way E, Olympia, WA 98506 - Pacific Avenue Branch
3633 Pacific Ave, Tacoma, WA 98418 - Puyallup Branch
117 14Th Ave Se, Puyallup, WA 98372 - Westgate Branch
1802 N Pearl St, Tacoma, WA 98406 - Key Center Branch
8920 Key Peninsula Hwy Nw, Lakebay, WA 98349 - Gig Harbor Branch
4524 Point Fosdick Dr, Gig Harbor, WA 98335 - Southcenter Branch
200 Andover Park E Ste 7, Tukwila, WA 98188 - Shoreline Branch
16330 Aurora Ave N, Shoreline, WA 98133 - Burien Branch
14647 Ambaum Blvd Sw, Burien, WA 98166 - Kent Branch
10914 Se Kent Kangley Rd, Kent, WA 98030 - Bothell
1926 201St Pl Se, Bothell, WA 98012 - Graham
10208 187Th St E Ste 100, Puyallup, WA 98374 - Bellevue Branch
40 148Th Ave Se, Bellevue, WA 98007 - Federal Way Branch
2020 S 320Th St Ste H, Federal Way, WA 98003 - Edmonds Branch
202 5Th Ave S, Edmonds, WA 98020 - Everett Branch
33 Se Everett Mall Way, Everett, WA 98208 - Lynnwood Branch
5901 196Th St Sw, Lynnwood, WA 98036 - Mukilteo Branch
9901 Harbour Pl, Mukilteo, WA 98275 - Redmond Branch
16424 Ne 79Th St, Redmond, WA 98052 - Bonney Lake
20216 98Th St E, Bonney Lake, WA 98391 - Alderwood
2502 196Th St Sw Ste 110, Lynnwood, WA 98036 - Pacific Plaza
1250 Pacific Ave, Tacoma, WA 98402 - Downtown Olympia
223 5Th Ave Se, Olympia, WA 98501 - 1498 Pacific
1498 Pacific Ave, Tacoma, WA 98402
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