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Numerica – Now Over $1 Billion in Assets

CONTACT: Kelli Hawkins
Direct: (509) 462-6176
khawkins@numericacu.com

Numerica Credit Union announced today that it reached $1 billion in assets, solidifying its position as a leading credit union in Washington.

Numerica CEO Dennis Cutter made the official announcement to staff over a live video conference this morning, stating that Numerica’s success was due to the excellent member service they provide, putting the members’ needs first at all times.

“Your dedication to our members and your determination to offer financial help to all people in all walks of life have made Numerica what it is today – a positive contributor to Eastern Washington’s and North Idaho’s economy,” Cutter said in his address. “I hope that you are as proud to work at Numerica as I have been for the past 40 years. “

A successful merger with School Employees Federal Credit Union of Richland, Wash. and positive growth in the first two quarters of 2010 helped put Numerica assets over the $1 billion mark. Since its inception in 1937, Numerica has expanded into new markets and successfully managed numerous mergers with the intention of ensuring quality products and services are available to more communities. Their strong commitment to giving back to the community has also strengthened with their success.

“We believe in the philosophy of ‘people helping people,’ which means giving back to those communities that have helped us along the way,” said Numerica Volunteer Chairman of the Board David Shriver. “We give back by being a reliable and safe financial institution, providing quality jobs, supporting small business growth, offering products and services that help the underserved and unbanked, donating thousands of dollars to charitable organizations each year and by volunteering hundreds of hours within our communities.”

Numerica Credit Union currently has over 85,000 members throughout Central and Eastern Washington and Northern Idaho and over $1 billion in assets. It offers a full line of financial products and services, including mortgages and business products. Membership is open to anyone who lives or works in the State of Washington or the Idaho Panhandle.

 


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