Credit union · NCUA insured
Progressions Credit Union
A $93.5M credit union headquartered in Spokane, WA, with 5,689 members and 2 branches in Washington. Best rates: CDs 3.75% and savings 0.60% APY.
Progressions Credit Union Carrot Score
86
Carrot Score
Higher than 72% of U.S. banks and credit unions
#7 of 27 in Spokane, WA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Progressions Credit Union
Organized in 1928 and state-chartered in 1933, Progressions Credit Union is locally owned by its members.
Formerly known as Spokane Postal Credit Union, it merged with Railway Mail Credit Union in 1962 and adopted the Progressions Credit Union name in 2004.
- Headquarters
- 2919 E Mission AVE, Spokane, WA 99202-3624
- NCUA charter
- 68255
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals who live, work, worship or attend school in the state of Washington.
Military, government and schools
- Membership is open to individuals who work or are retired from the United States Postal Service (currently Eastern Washington and all of Idaho).
Family and household
- Membership is open to individuals who have a family member related by blood or marriage who is eligible.
Branches
2 branches in Washington
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Washington
2 branches
- Main BranchMain office2919 E Mission AVE, Spokane, WA 99202Directions
- Nevada St.9233 N Nevada St, Spokane, WA 99218Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.39% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.20% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.50% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $81 | $59 | — |
- CapitalNet worth ratio10.39%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.20%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.50%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$81Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Progressions Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.