Sound Credit Union

Sound Credit Union was chartered in 1985 and its charter number is 66331. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. Sound Credit Union's address registered with the NCUA is PO BOX 1595, TACOMA, WA 98401. As of 10/25/06 Sound CU reported $317,116,231 in assets. The credit union currently has 35,416 members. It's Manager/CEO is Richard C. Brandsma. The credit unions website is www.soundcu.com. Sound Credit Union is a member of the Washington Credit Union League.

 
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Sound Credit Union Financial Evaluation
2006
Total Assets: $239,848,019.00
Total Loans: $131,357,555.00
Net Worth Ratio: 10.96
% Share Growth: 4.19
% Loan Growth: 6.95
Loans/Assets Ratio: 54.76
Loans/Assets Ratio: 36.48
Numbers of Members: 36,063
Number of Full-time Employees: 106.5
 
2006
Total Assets: $282,733,574.00
Total Loans: $171,878,409.00
Net Worth Ratio: 10.97
% Share Growth: 13.11
% Loan Growth: 30.84
Loans/Assets Ratio: 60.79
Loans/Assets Ratio: 31.29
Numbers of Members: 35694
Number of Full-time Employees: 107.5
 
2006
Total Assets: $323,902,307.00
Total Loans: $195,128,793.00
Net Worth Ratio: 11.07
% Share Growth: 12
% Loan Growth: 13.52
Loans/Assets Ratio: 60.24
Loans/Assets Ratio: 33.03
Numbers of Members: 35,179
Number of Full-time Employees: 112.5
 
 

May 18, 2010

 
 
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Credit Union News:

Man Pleads in West Fargo Credit Union Robbery
KQCD-TV Dickinson - Feb 23, 2010
The man accused of robbing a West Fargo credit union at gunpoint last August has pleaded not guilty in federal court. Nineteen-year-old Matthew Becker is accused of holding up a Town & Country Credit Union branch at gunpoint and fleeing with an undisclosed amount of money.

Full Story: http:a//www.kqcd.com/News_Stories.asp%3fnews=37996

Man robs credit union in Glendale
The Arizona Republic - Mar 12, 2010
The robber gets away with an undisclosed amount of cash from the heist.

Full Story: http:a//www.azcentral.com/rsslinks/1511340


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