Sound Credit Union is a federally insured state-chartered credit union headquartered in Tacoma, Washington, in business for about 86 years. At the end of Q2 2026 it reported $3.4B in total assets and $2.9B in member shares and deposits, with 21 offices.
Sound Credit Union has a TellerScore of 63 out of 100 (moderate) based on Q2 2026 data — higher than only 33% of its 454 credit unions with $1 billion – $10 billion. Among 73 credit unions headquartered in Washington, it ranks 52nd. Problem-loan coverage contributes the most (81/100, 9.5%); earnings contributes the least (58/100, 0.94%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 4 points (59 → 63), mostly because the earnings component improved by 18 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 67 |
| Q3 2024 | 66 |
| Q4 2024 | 62 |
| Q1 2025 | 61 |
| Q2 2025 | 59 |
| Q3 2025 | 57 |
| Q4 2025 | 54 |
| Q1 2026 | 57 |
| Q2 2026 | 63 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 11.32% |
| Q3 2024 | 11.42% |
| Q4 2024 | 10.84% |
| Q1 2025 | 10.96% |
| Q2 2025 | 10.96% |
| Q3 2025 | 10.90% |
| Q4 2025 | 10.74% |
| Q1 2026 | 10.60% |
| Q2 2026 | 11.01% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.54% |
| Q3 2024 | 0.65% |
| Q4 2024 | 0.75% |
| Q1 2025 | 1.02% |
| Q2 2025 | 1.19% |
| Q3 2025 | 1.43% |
| Q4 2025 | 1.72% |
| Q1 2026 | 1.63% |
| Q2 2026 | 1.18% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.47% |
| Q3 2024 | 0.50% |
| Q4 2024 | 0.46% |
| Q1 2025 | 0.43% |
| Q2 2025 | 0.51% |
| Q3 2025 | 0.50% |
| Q4 2025 | 0.51% |
| Q1 2026 | 0.83% |
| Q2 2026 | 0.94% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 63 | $3.4B | 11.01% | 1.18% | 0.94% | 93.7% |
| Q1 2026 | 57 | $3.4B | 10.60% | 1.63% | 0.83% | 88.5% |
| Q4 2025 | 54 | $3.3B | 10.74% | 1.72% | 0.51% | 90.4% |
| Q3 2025 | 57 | $3.3B | 10.90% | 1.43% | 0.50% | 92.5% |
| Q2 2025 | 59 | $3.2B | 10.96% | 1.19% | 0.51% | 93.6% |
| Q1 2025 | 61 | $3.2B | 10.96% | 1.02% | 0.43% | 92.6% |
| Q4 2024 | 62 | $3.2B | 10.84% | 0.75% | 0.46% | 94.5% |
| Q3 2024 | 66 | $3.0B | 11.42% | 0.65% | 0.50% | 92.7% |
| Q2 2024 | 67 | $3.0B | 11.32% | 0.54% | 0.47% | 90.5% |
454 peers · $1 billion – $10 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in Washington
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Whatcom Educational Credit UnionCredit union Bellingham, WA | 65 out of 100, Moderate | $3.4B | 11.2% | 0.69% | vs |
| Harborstone Credit UnionCredit union Tacoma, WA | 52 out of 100, Below average | $3.1B | 9.3% | 1.08% | vs |
| Hapo Community Credit UnionCredit union Richland, WA | 80 out of 100, Strong | $3.0B | 11.2% | 0.18% | vs |
| Columbia Community Credit UnionCredit union Vancouver, WA | 76 out of 100, Strong | $2.6B | 13.3% | 0.93% | vs |
| Peak Credit UnionCredit union Olympia, WA | 58 out of 100, Moderate | $4.2B | 11.3% | 1.22% | vs |
| Kitsap Credit UnionCredit union Bremerton, WA | 54 out of 100, Below average | $2.5B | 8.3% | 0.79% | vs |
Deposit insurance
Is my money safe at Sound Credit Union?
Yes. Sound Credit Union is a federally insured credit union (NCUA charter #66331). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 12.5% of shares and deposits ($367.4M) are above the $250,000 NCUA insurance limit, above the peer median of 9%. Insured balances are protected regardless of the score.
The net worth ratio is 11.01%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.
21 locations
Branches
Sound Credit Union lists 21 offices in 16 cities. Most locations:
- Tacoma, WA (5)
- Olympia, WA (2)
- Auburn, WA (1)
- Bellevue, WA (1)
- Bonney Lake, WA (1)
- Bothell, WA (1)
- Burien, WA (1)
- Federal Way, WA (1)
- Gig Harbor, WA (1)
- Kent, WA (1)
- Lakebay, WA (1)
- Lakewood, WA (1)
HMDA 2025
Mortgage lending
In 2025, Sound Credit Union reported 1,433 home-loan applications under HMDA (LEI 54930021QRU8VXNS6152): 793 originated ($187,935,000 total), 448 denied, and 147 withdrawn or closed by the applicant. Its denial rate on decided applications was 34.8%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Sound Credit Union
- Type
- Federally insured state-chartered credit union
- NCUA charter #
- 66331
- RSSD ID
- 248473
- Primary regulator
- State + NCUA
- Established
- 1940
- Headquarters
- PO Box 1595, Tacoma, WA 98401
- Employees
- 447
Quick answers
Sound Credit Union: common questions
Is Sound Credit Union NCUA insured?
Yes. Sound Credit Union is a federally insured credit union (NCUA charter #66331). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Sound Credit Union's TellerScore?
63 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Sound Credit Union have?
21 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Tacoma
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Operating Engineers Local Union #3 Federal Credit UnionCredit union Livermore, CA | 92 out of 100, Very strong | $1.7B | 15.5% | 0.60% | vs |
| Cascade Federal Credit UnionCredit union Kent, WA | 88 out of 100, Very strong | $392.6M | 13.3% | 0.79% | vs |
| Tacoma Longshoremen Credit UnionCredit union Tacoma, WA | 84 out of 100, Strong | $116.9M | 13.6% | 0.07% | vs |
| Armed Forces Bank, National AssociationBank Fort Leavenworth, KS | 83 out of 100, Strong | $1.4B | 13.9% | 1.21% | vs |
| Sound Banking CompanyBank Lakewood, WA | 82 out of 100, Strong | $45.2M | 12.1% | 0.00% | vs |
| Our Community Credit UnionCredit union Shelton, WA | 82 out of 100, Strong | $638.3M | 12.7% | 0.48% | vs |