CANOPY Credit Union Profile

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CANOPY

Charter #11162 | NCUA Region 3 | FCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (509) 328-2900

Fax: (509) 323-1348

Founding Date: N/A

Website: http://www.canopycu.com

Personnel & Operations

President: Lynch, Sherri

Manager: Nemec, Charlotte

FT Employees: 59

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 4

Hours: MONDAY - FRIDAY 9:00 A.M. - 5:00 P.M

Credit Union Profile Summary

CANOPY is a FCU Credit Union. With a total of 13,464 members ^[1], this institution manages approximately $238,564,761 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.48% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -6.44% ^[1].

Financial Snapshot

Total Assets ^[1]

$238,564,761

Total economic resources.

Total Loans ^[1]

$177,641,756

Total value of outstanding loans.

Total Deposits ^[1]

$196,294,001

Total funds deposited by members.

Members ^[1]

13,464

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

8.48%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.14%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

90.50%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 1.81%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↓ -6.44%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 0.38%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

601 W MALLON AVE

SPOKANE, WA, 99201

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 4 branches reported by CANOPY (Charter #11162).

Main Office

Canopy Credit Union Main Office

Type: Corporate Office

601 W Mallon Ave

Spokane, WA 99201

Phone: (509) 328-2900

Services: Member Services, ATM

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Additional Branches

Spokane