Numerica Credit Union Explained

Numerica Credit Union
Former Name:Spokane Railway Credit Union
Type:Credit union
Foundation:1937
Location:Spokane Valley, Washington, United States
Area Served:Eastern Washington and Northern Idaho
Key People:Carla Cicero, President and CEO
Ron Hupp, Chair of Board of Directors
Assets:$3.6B (June 2022)
Members:169K (June 2022)
Industry:Financial services
Products:Savings
checking; consumer loans; mortgages; credit cards; online banking
Homepage:www.numericacu.com

Numerica Credit Union (formerly Spokane Railway Credit Union) is a credit union founded in 1937. Numerica serves the Spokane, Tri-Cities, and Wenatchee Valley regions of Washington state, as well as the North Idaho Panhandle. It is regulated under the authority of the National Credit Union Administration (NCUA). As of June 2022, Numerica managed over $3.5 billion in assets and served more than 169,000 members. Numerica's headquarters are located in Spokane Valley, Washington.

History

The credit union was founded in 1937 under the name Spokane Railway Credit Union.[1] Initially, Numerica only served Spokane railway employees, but it expanded to serve other sectors of the transportation industry, and eventually opened its doors to all residents of Washington State and the Northern Idaho Panhandle.[2] [3]

Awards

In 2021, Numerica was named the Best Place to Work in the Inland Northwest in the large business category by the Spokane Journal of Business.[4] Numerica's SBA team was honored in 2020 as Outstanding Community Lender[5] for the U.S. Small Business Administration’s Seattle District for closing the most standard SBA loans in a fiscal year.Numerica also received the Crystal Performance Award[6] in 2020 and 2021, an annual recognition of “industry standard-setting credit unions,” according to Raddon, the financial industry research and analysis arm of Fiserv. The credit union was selected based on an analysis of key performance metrics focused on service, member relationships, sales, and other areas as observed within the Performance Analytics program from Raddon.

See also

External links

Notes and References

  1. News: BUSINESS BEAT . Spokane Spokesman-Review . 2000-04-09 . Spokane Railway Credit Union plans to change its name to Numerica Credit Union effective May 1. The new name was chosen to reflect the greater diversity and....
  2. Web site: About Us Numerica Credit Union. www.numericacu.com. en-US. 2018-08-15.
  3. Web site: Membership Application. join.numericacu.com. en. 2018-08-15.
  4. Web site: Best Places to Work. Spokane Journal . October 6, 2022.
  5. Web site: SBA Honors Numerica Credit Union as Region's 'Outstanding Community Lender'. GoWest Credit Union Association. December 17, 2020.
  6. Web site: 2021 Crystal Performance Awards Show Pandemic Resilience Among Credit Union . Fiserv . November 18, 2021.