Sound Credit Union

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A short history of Sound CU

Since its inception in 1940 the Sound Credit Union has been serving its members in the TACOMA, Washington area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Don Clark, the Sound CU has grown its membership to over 117,816 with assets of more than $1,419,991,128. They have a main office and 25 branch offices. Please see the credit unions website or contact them by phone at (253) 383-2016 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in TACOMA, WA.

General Information For Sound CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 66331
Address PO BOX 1595 
State Washington 
Zip-Code 98401
Phone Number (253) 383-2016
Fax Number (253) 597-7610
Email Address:
CEO/President Don Clark
Members 117,816 
Full-Time Employees 253 
Part-Time Employees 27 
Number of Branch Offices 25 
Total Assets 1,419,991,128 

Compare Sound Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Ibew 76 CU Main Office 3049 S 36th St 98409 (253) 475-6661 No 2.42
Tacoma Longshoremen CU Office 3602 E Alexander Ave 98424 (253) 272-0240 No 3.30
Tapco CU 6th Avenue 2802 6th Ave 98466 (253) 565-9895 No 3.69
Tacoma Narrows CU Tacoma Narrows Federal Credit Union 5319 N 51st St 98407 (253) 759-3244 No 4.42
Harborstone CU Lakewood Branch 6019 Lake Grove St SW 98438 (253) 584-2260 No 6.84

Sound Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Sound Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.70 3.54 3.54 4.39 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 221 214 152 193 229
Rank Among All Washington Credit Unions 25 27 15 33 23

Sound Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.10 0.20 0.20
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 134 318 271
Rank Among All Washington Credit Unions 15 18 23 40 33
Sound Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.70026,21777,808,651
All Other Unsecured Loans/Lines of Credit 7.15010,22413,105,219
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.50023315,790
New Vehicle Loans 3.5406,126164,216,634
Used Vehicle Loans 3.54020,843323,901,712
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.3901,917306,351,450
Total Other Real Estate Loans/Lines of Credit 5.0002,64284,391,633
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.8402,36143,931,706
TOTAL LOANS & LEASES 70,3531,014,022,795

Sound Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 24955,060,60914537,187,091
    b. 15 Years or less 1,031106,718,9419715,481,890
    a. > 15 years 214122,697,4191921,325,640
    b. 15 Years or less 298,177,15541,096,872
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 39413,697,326512,549,847
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 85928,897,007732,822,729
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,78355,494,6262216,733,915
Open-End Fixed Rate 0000
TOTALS 4,559390,743,08361087,197,984


Interest Only & Payment Option 1st Mortgage Loans 3896,1750
Interest Only & Payment Option Other RE/LOC Loans 36814,993,1910
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Sound Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes