Spokane City Credit Union

What Spokane City Credit Union does

Spokane City Credit Union (SCCU) is a state-chartered, member-owned financial cooperative headquartered in Spokane, Washington. Founded in 1934 as City Employees Credit Union of Spokane, the institution converted its charter in 1980 to a community-based field of membership that includes anyone who lives, works, worships, or attends school in Washington state. It operates a single physical branch at 1930 N. Monroe St. with a drive-thru and 24/7 ATM, supported by a standard credit-union digital stack — online banking, an iOS/Android mobile banking app with remote deposit capture, the CardNav card-control app, eZCard for credit-card management, and DocuSign-based loan origination. ATM access is extended through CO-OP Financial Services, providing surcharge-free access to more than 800,000 ATMs worldwide via NYCE, STAR, Cirrus, Pulse, and Plus networks.

SCCU's product set spans standard consumer banking: no-fee checking and savings, money market and IRA accounts, certificates of deposit (including a NexGen youth CD), and a youth savings account (NexGen Savings) paying 5.10% APY on the first $1,000. Lending products include auto/motorcycle loans (as low as 3.79% APR), boat/RV and recreational-vehicle loans, electric-vehicle loans (as low as 4.99% APR), personal lines of credit, share-secured loans, bicycle/ebike loans, water-wise landscape loans, home equity lines of credit (variable, capped at 80% LTV), and first mortgages (5-30 year terms). The credit card portfolio comprises Diamond VISA (3.99% intro / 10.99% thereafter, no annual fee), Classic VISA (10.99% APR, $12/year), and a Secured VISA (17.5% APR, $25/year) for credit-building. Specialty programs include the Giving Loan ($50 donation to a member-selected charity per qualified loan of $2,000+) and Skip-A-Payment ($20 donation to one of three community organizations).

Revenue is generated primarily through interest income on loans, supplemented by transaction fees (membership fees, overdraft fees, external payment convenience charges, annual credit-card fees, and notary fees), and joint marketing partnerships disclosed in the privacy policy. As a not-for-profit cooperative, excess earnings are returned to members through lower loan rates and higher deposit rates. The institution employs 11-50 people, is NCUA-insured to $250,000 per account, and is governed by a volunteer member Board of Directors and Supervisory Committee. The credit union also commits 1% of annual profits to three community organizations — Children's Miracle Network, Northwest Autism Center, and Spokane Parks Foundation — anchoring a community-giving brand position that has been in place since 2007.

Name

Spokane City Credit Union

Legal name

Spokane City Credit Union

Website

https://sccu.net

Company type

Private

Founded year

1934

Operating status

Operating

Headcount range

11–50 employees

Short description

Spokane City Credit Union is a member-owned, state-chartered credit union founded in 1934 in Spokane, Washington, serving any Washington state resident with consumer banking, lending, and investment products through a single branch, digital channels, and the CO-OP ATM network.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

Keywords

• Retail banking services
• Consumer lending
• Credit union services
• Mortgage lending
• Savings accounts

Headquarters

HQ city

Spokane

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Loans: SCCU generates the majority of its revenue from interest charged on loans including auto loans, mortgages, home equity lines of credit, personal loans, credit cards, and other consumer lending products. As a not-for-profit credit union, excess earnings are returned to members through lower loan rates and higher savings rates.
2. Fee Income: The credit union charges various fees including membership fees ($20), certain loan fees, overdraft fees, and convenience charges for payments made from external accounts. Some services like Skip-A-Payment require a $20 donation. Credit cards have annual fees on some tiers ($12 Classic VISA, $25 Secured VISA).
3. Joint Marketing Partnerships: SCCU participates in joint marketing with other financial companies as disclosed in its privacy policy, primarily for insurance products.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Spokane City Credit Union (SCCU) is a member-owned financial cooperative founded in 1934 that provides personal banking products including no-fee checking and savings accounts, consumer and mortgage loans (auto, motorcycle, boat/RV, bicycle/EBike, home equity, and first mortgages), credit cards (Diamond, Classic, Secured VISA), and deposit/investment products (money market, IRAs, CDs). The credit union also operates digital banking services (online and mobile banking, CardNav, Remote Deposit Capture) and is differentiated by community-giving programs such as The Giving Loan, which donates $50 to a member-selected charity for each qualified loan.

Product overview

Spokane City Credit Union offers a comprehensive suite of financial products and services for individuals and families in the Spokane, Washington area. The core offerings include no-fee checking and savings accounts, with specialized accounts like Holiday Savings Club and NexGen Savings for youth. Loan products span auto/motorcycle loans (including EV-specific rates as low as 3.79% APR), boats/RVs, personal lines of credit, bicycle/ebike loans, home mortgages, and home equity lines of credit. The credit union also provides Visa credit cards (Diamond, Classic, and Secured tiers), money market accounts, IRAs, and certificates of deposit. Digital banking services include online banking, mobile banking with remote check deposit, estatements, bill pay, and CardNav for card control. Community-focused programs include The Giving Loan (donating $50 to charity on qualifying loans) and Skip-A-Payment. Membership is open to anyone living, working, worshipping, or attending school in Washington state.

Differentiator

Problem solved

Functional benefit

Products and services

• No-Fee Checking

Quantifiable outcome

• $28,143 donated to charities in 2022 through SCCU and member Giving Loans
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Spokane Parks FoundationcoreStrategic or Co-development Partner · 1 January 2007SCCU has supported the Make A Splash swimming program since 2007, providing free swimming lessons and pool access for local children. Also sponsors the Greater Spokane Parks Challenge. One of SCCU's three designated community giving recipients.
• CO-OP Financial ServicescoreTechnology or Integration · 1 January 1981SCCU is a member of CO-OP Financial Services, providing access to the largest credit union-only ATM network. Members enjoy surcharge-free access to over 800,000 ATMs worldwide through partnerships with NYCE, STAR, Cirrus, Pulse, and Plus networks. CO-OP also provides mobile app for ATM locating and shared branch access.
• Children's Miracle Network / Credit Unions for KidscoreStrategic or Co-development PartnerSCCU participates in Credit Unions for Kids, a collaborative effort of credit unions nationwide raising funds for Children's Miracle Network hospitals. Donations support Sacred Heart Children's Hospital in Spokane. SCCU has committed 1% of annual profits to this cause.
• Northwest Autism CentercoreStrategic or Co-development PartnerSCCU is a proud supporter of Northwest Autism Center, which provides free autism screenings and ABA therapy services in the Inland Northwest. One of SCCU's three designated community giving recipients and recipient of Giving Loan donations.
• North Monroe Business District / Meet on MonroeminorStrategic or Co-development PartnerSCCU moved to North Monroe in 1992 and has been an active member of the North Monroe Business District, supporting the Meet on Monroe initiative to build community identity in the corridor.
• Greater Spokane Parks Challenge (Co-sponsor with Spokane Parks Foundation)coreStrategic or Co-development Partner5th annual community event in 2026. Participants explore Spokane parks, complete monthly challenges, and win prizes. Total prize value of $2,356. Registration open at sccu.net/gspc.
• Hamilton StudiominorOthersLocal venue hosting SCCU's 2026 Annual Meeting celebration of 92 years of service.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• BECU (Boeing Employees Credit Union): One of the largest credit unions in Washington state with deep consumer banking, auto lending, and mortgage products. Comparable in product scope and Washington presence, though operating at far larger scale with broad membership charter.
• Wells Fargo: Major national bank with retail branches and consumer lending operations throughout the Spokane market. Comparable as a broad-incumbent competitor offering the full suite of consumer financial products that SCCU's community positioning is designed to contrast against.
• U.S. Bank: Large national commercial bank with a significant Spokane retail and lending presence. Comparable as a competitor offering the same core consumer products (checking, savings, auto, mortgage, credit cards) that SCCU competes against for Spokane-area members.

Direct peers

• Gesa Credit Union: Washington state community credit union offering similar consumer lending (auto, mortgage, credit cards) and deposit products. Comparable as a statewide community-charter credit union serving Washington residents.
• Numerica Credit Union: Spokane-headquartered credit union serving the Inland Northwest with similar consumer deposit and loan products. Directly comparable in geography, product mix (auto, mortgage, HELOC), and community-focused positioning.
• Spokane Teachers Credit Union (STCU): Larger Spokane-area credit union originally serving teachers but now open to the broader community. Highly comparable in product offerings and target market, though with a multi-branch footprint SCCU lacks.
• Connexus Credit Union: Member-owned credit union offering a similar full suite of consumer deposit, auto, mortgage, and HELOC products with national membership access. Comparable as a community credit union operating with broader charter than single geography.
• Alliant Credit Union: Digital-first, member-owned credit union offering competitive savings rates, credit cards, and consumer loans. Directly comparable as a community credit union leveraging technology rather than branch density for member acquisition.
• Mountain America Credit Union: Community credit union offering consumer banking, auto, mortgage, and credit card products with a similar member-cooperative structure. Comparable as a multi-state community credit union.
• Digital Federal Credit Union (DCU): Member-owned credit union providing consumer deposit and lending products with a strong digital channel mix. Comparable in cooperative structure and product breadth targeted at retail consumers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Spokane-City-Credit-Union-SCCU-218547064922408
• Instagraminstagram.com/mysccu
• LinkedInlinkedin.com/company/spokane-city-credit-union

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spokane City Credit Union