Credit union · NCUA insured
WCLA Credit Union
A $144.9M credit union headquartered in Olympia, WA, with 1,385 members and 1 branch in Washington. Best rates: CDs 4.25% and savings 1.30% APY.
WCLA Credit Union Carrot Score
85
Carrot Score
Higher than 71% of U.S. banks and credit unions
#5 of 25 in Olympia, WA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About WCLA Credit Union
Established in 1984, WCLA Credit Union is a member-owned financial cooperative whose purpose is to serve the forest products industry.
Chartered by the State of Washington, the credit union is headquartered in Olympia, Washington.
- Headquarters
- 2419 Pacific Ave SE, Olympia, WA 98501
- NCUA charter
- 68328
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to loggers and all persons and organizations/companies (including owners and employees) engaged in forestry, timber, wood products, or related activities.
Family and household
- Membership is open to families of company owners and employees in eligible forestry and related activities.
Cost to join
- Joining requires opening a savings account with a $5 deposit.
Branches
1 branch in Washington
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Washington
1 branch
- Main BranchMain office2419 Pacific Ave SE, Olympia, WA 98501Directions
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 | 17.50% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.29% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.80% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $106 | $76 | — |
- CapitalNet worth ratio17.50%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.29%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.80%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$106Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 WCLA Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.