PROGRESSIONS Credit Union Profile

Showing details for PROGRESSIONS Credit Union.

Home > WA > PROGRESSIONS

PROGRESSIONS

Charter #68255 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (509) 535-0191

Fax: (509) 622-2050

Founding Date: N/A

Website: http://www.progressionscu.org

Personnel & Operations

President: Sprecher, Douglas

Manager: Vuong, Susan

FT Employees: 15

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: M-F 9am-5pm lobby M-F 9am-5:30 pm drive th

Credit Union Profile Summary

PROGRESSIONS is a FISCU Credit Union. With a total of 5,734 members [1], this institution manages approximately $92,334,671 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.87% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.43% [1].

Financial Snapshot

Total Assets [1]
$92,334,671

Total economic resources.

Total Loans [1]
$66,846,265

Total value of outstanding loans.

Total Deposits [1]
$82,133,157

Total funds deposited by members.

Members [1]
5,734

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.87%

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]
0.20%

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

Loan-to-Share Ratio [1]
81.39%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
1.80%

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

Loan Growth (4Q) [1]
2.43%

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

Member Growth (4Q) [1]
0.54%

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

Headquarters Location & Map

Headquarters Address

2919 E Mission AVE

Spokane, WA, 99202-3624

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 1 branches reported by PROGRESSIONS (Charter #68255).

Main Office

Main Branch Main Office

Type: Corporate Office

2919 E Mission AVE

Spokane, WA 99202-3624

Phone: (509) 535-0191

Services: Member Services, ATM, Drive-Thru

Open in Directions