SOUND Credit Union Profile

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SOUND

Charter #66331 | NCUA Region 3 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (253) 383-2016

Fax: (253) 597-7610

Founding Date: N/A

Website: https://www.soundcu.com

Personnel & Operations

President: Bauder, John

Manager: Clark, Don

FT Employees: 419

PT Employees: 27

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 26

Hours: Monday - Friday, 9am - 5pm Closed Saturday

Credit Union Profile Summary

SOUND is a FISCU Credit Union. With a total of 174,186 members ^[1], this institution manages approximately $3,203,994,641 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.96% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 13.84% ^[1].

Financial Snapshot

Total Assets ^[1]

$3,203,994,641

Total economic resources.

Total Loans ^[1]

$2,584,027,640

Total value of outstanding loans.

Total Deposits ^[1]

$2,760,485,007

Total funds deposited by members.

Members ^[1]

174,186

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

10.96%

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]

0.52%

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

Loan-to-Share Ratio ^[1]

93.61%

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

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 7.72%

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

Loan Growth (4Q) ^[1]

↑ 13.84%

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

Member Growth (4Q) ^[1]

↓ -1.05%

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

Headquarters Location & Map

Headquarters Address

1331 Broadway

Tacoma, WA, 98402-3410

Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 27 branches reported by SOUND (Charter #66331).

Main Office

Downtown Tacoma Branch Main Office

Type: Corporate Office

1331 Broadway

Tacoma, WA 98402-3410

Phone: (253) 383-2016

Services: Member Services, ATM

SOUND Credit Union Profile

SOUND

Headquarters Contact & Staff

Credit Union Profile Summary

Financial Snapshot

Performance Ratios

Four-Quarter Growth

Headquarters Location & Map

Headquarters Address

Member Ratings & Reviews

Rate This Credit Union

Branch Locations

Main Office

Downtown Tacoma Branch Main Office

Additional Branches

Auburn

Bellevue

Bonney Lake

Bothell

Burien

Edmonds

Everett

Federal Way

Gig Harbor

Kent

Lakebay

Lakewood

Lynnwood

Mukilteo

Olympia

Puyallup

Redmond

Seattle

Shoreline

Tacoma

Tukwila