Waterfront Federal Credit Union

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A short history of Waterfront FCU

Since its inception in 1964 the Waterfront Federal Credit Union has been serving its members in the Seattle, 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 Rebecca Schmidt, the Waterfront FCU has grown its membership to over 5,964 with assets of more than $62,621,827. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (206) 622-8415 or email them at memberservice@waterfrontfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Seattle, WA.

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

Charter Number 16178
Address 2414 SW Andover St Ste E100 
City Seattle 
State Washington 
Zip-Code 98106
Phone Number (206) 622-8415
Fax Number (206) 622-3981
Email Address: memberservice@waterfrontfcu.com
CEO/President Rebecca Schmidt
Members 5,964 
Full-Time Employees 14 
Part-Time Employees
Number of Branch Offices
Total Assets 62,621,827 
Website http://www.waterfrontfcu.org 

Compare Waterfront Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Express CU Express Credit Union 1930 6th Ave S Ste 104 98134 (206) 622-1850 No 2.97
Seattle Metropolitan CU Southcenter 17250 Southcenter Pkwy Ste 132 98188 (206) 398-5500 No 4.03
Inspirus CU Lynnwood Branch 3405 188th St SW 98111 (206) 628-4010 No 5.21
Boeing Employees CU Queen Anne Neighborhood Financial Center 29 W Mercer St 98119 (800) 233-2328 No 5.50
Salal CU JHA CELR 296 Buena Vista Rd 65616 (619) 542-7079 No 5.92

Waterfront Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Waterfront Federal 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 9.90 1.99 2.99 3.88 4.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 34 91 119 132
Rank Among All Washington Credit Unions 28 2 9 13 7

Waterfront Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.02 0.05 N/A 0.05 0.05
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 135 143 N/A 340 291
Rank Among All Washington Credit Unions 17 18 N/A 45 38
Waterfront Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9001,0932,109,477
All Other Unsecured Loans/Lines of Credit 7.9909804,271,110
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.000275,102
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.9901483,614,960
Used Vehicle Loans 2.9907289,750,024
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.880223,782,051
Total Other Real Estate Loans/Lines of Credit 4.250883,635,588
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.4902615,790,941
TOTAL LOANS & LEASES 3,34732,959,253

Waterfront Federal 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 142,656,09100
    b. 15 Years or less 81,125,96000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 141,49400
Open-End Adjustable Rate 873,594,094511,811,087
Open-End Fixed Rate 0000
TOTALS 1107,417,639511,811,087


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Waterfront Federal 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 No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes