Financial Strength
At Iq, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that when you choose us, you're placing your trust in our ability to manage your finances wisely. Sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results, we are proud to showcase our robust financial health. With a net worth of $206,016,046, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our commitment to transparency means you can see how we're doing financially and know that your savings are secure with us. Our net worth ratio of 10.26% demonstrates a solid capital foundation. This strength ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $214,860,609 in share certificates and $201,624,610 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $58,157,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $190,645,696 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Furthermore, with $15,982 in used auto loans and $1,538,287,452 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Our operational efficiency is reflected in our $7,445,428, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 344 full-time employees and 22 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. With net shares available for lending and investments amounting to $40,178, we are well-equipped to meet your needs. The trust of our growing member base is evident with a total of 276,485 share and deposit accounts. This reflects the confidence our members have placed in us as their go-to financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Iq is your trusted partner. Visit us at 14300 Ne 18Th St Vancouver Wa 98684 or call (360) 695-3441 to learn more about how we can help you achieve your financial goals.
