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 currenly 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 California Credit Union League .


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Sound Credit Union Financial Evaluation

As of December 31, 2004
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
 
As of December 31, 2005
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
 
As of December 31, 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
 
 

 
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