Sound Credit Union Federal Way WA | Low Mortgage Rates & ATM Access

Introduction

Welcome to Sound, your trusted financial partner in the heart of Federal Way, WA! Established in 1940, our commitment to serving the community has only grown stronger over the years. With a proud membership of 163,882 individuals, we are dedicated to providing personalized banking solutions tailored just for you. Located at 2020 S 320Th St Ste H, our branch offers a range of services designed to meet your financial needs from checking and savings accounts to auto loans and mortgage refinancing. And while we encourage you to visit us at our Federal Way address, please note that any official correspondence should be sent to our mailing address at PO Box 1595, Tacoma, WA 98401. At Sound, we pride ourselves on our impressive financial stability. Our total assets stand at an impressive $2,982,146,348, with total deposits reaching $229,438,843. This solid foundation allows us to offer robust loan options; we've issued a total of 84,672 loans and leases, ensuring our members have access to the funds they need when they need them. Under the leadership of CEO Don Clark and Board President John Bauder, our team of 427 employees is here to support you every step of the way. We believe in making banking easy and accessible through online and mobile banking services as well as an ATM for your convenience. We invite you to experience the Sound difference. Whether you're looking for personal banking solutions or business financing options our friendly staff is ready to assist you. Reach out today by calling us at 253-383-2016 or visit our website at soundcu.com for more information. Join us on this journey towards achieving your financial goals because at Sound, it's all about you!

Branch History & Mission

Join Us

We invite you to be part of something bigger at Sound Federal Way Branch. Experience firsthand how we prioritize your financial well-being while also giving back to the community. Whether you're looking for personal banking solutions or want to explore business opportunities, we're here for you. Feel free to call us at 253-383-2016 during our operating hours Monday through Friday from 9 AM to 5:30 PM and Saturday from 9 AM to 1 PM and discover how we can assist you today! Together, let's build a brighter future for ourselves and our community.

Our Mission

At Sound, our mission extends beyond just offering financial services; we aim to uplift our community. We believe that when our members thrive, so does the entire community. That's why we actively engage in partnerships and outreach programs that support local initiatives and contribute to the betterment of Federal Way. We offer modern conveniences like online and mobile banking services to ensure that managing your finances is easy and efficient. With ADA compliance at the forefront of our operations, we strive to make our services accessible to everyone. Our branch features an ATM for your convenience and drive-thru banking for quick transactions without leaving your vehicle. While you can visit us at our branch location for all your banking needs, official correspondence should be sent to PO Box 1595, Tacoma, WA 98401 if you need to reach us by mail.

Our Story

Since opening our doors at 2020 S 320Th St Ste H, Federal Way, WA 98003, we've witnessed tremendous growth and change. Starting as a small credit union, we now boast a total membership of 163,882 individuals who trust us with their financial needs. Over the years, we have expanded our offerings and enhanced our services, building a reputation as a reliable partner in the lives of our members. Our commitment to excellence is reflected in our impressive total assets of $2,982,146,348. This substantial growth enables us to provide competitive rates on personal banking products such as checking and savings accounts, auto loans, mortgages, and business banking solutions. We are dedicated to ensuring that every member feels valued and supported in their financial journey.

Branch Location & Accessibility

Accessibility Features

At Sound, we believe banking should be easy for everyone. Our branch is equipped with ADA-compliant features, including ramps and accessible parking spaces, ensuring that all members can visit us comfortably. Whether you prefer to walk in or use our drive-thru service, we've got you covered!

Call to Action

Ready to experience the Sound difference? Stop by our Federal Way Branch today or give us a call at 253-383-2016. Our friendly team looks forward to helping you achieve your financial goals!

Operating Hours

We know your time is valuable, which is why we're open Monday through Friday from 9 AM to 5:30 PM and offer Saturday hours from 9 AM to 1 PM for those who need to stop by on the weekend. Our welcoming staff is always ready to assist you during these hours.

Services Offered

When you visit us at the Federal Way Branch, you're not just getting access to basic banking services; you're stepping into a full-service credit union! We provide personal banking options like checking and savings accounts, auto loans, mortgage loans, and even credit cards with rewards. Plus, our shared service center means you can conduct transactions for partner credit unions right here. For those who prefer digital banking, we offer online and mobile banking solutions that allow you to manage your finances on-the-go. Need cash? Our ATM is available for quick withdrawals or balance checks whenever you need them. While members can visit us at 2020 S 320Th St Ste H for all their banking needs, official correspondence should be sent to our mailing address: PO Box 1595, Tacoma, WA 98401.

Member Eligibility

Joining the Sound community is a wonderful opportunity for anyone looking to enjoy personalized financial services and support. At our branch located at 2020 S 320Th St Ste H Federal Way Wa 98003, we welcome individuals who live, work, or worship in the area, as well as their family members. This means that if you're part of our local community, you're likely eligible to become a member! Being part of Sound not only connects you with a network of supportive members but also gives you access to a variety of financial products designed to meet your needs like checking accounts, auto loans, and credit cards with rewards. To get started on your membership journey or to learn more about eligibility criteria, feel free to visit our website at or give us a call at (253) 383-2016. We're here to help make the process easy and welcoming!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $425 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $36 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $673,966,414, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In addition to loans, we offer comprehensive merchant services that make transactions easy for your customers. Imagine streamlining payments at your point of sale while keeping track of every transaction effortlessly. With our services, you can accept various payment methods securely, allowing you to focus on what really matters growing your business. Visit us at 2020 S 320Th St Ste H Federal Way Wa 98003 in Federal Way, WA, or give us a call at (253) 383-2016 to learn more about how we can support your business journey!

Comprehensive List Of Services

Business Banking Solutions

Running a business comes with its own set of challenges. That's why we provide comprehensive Business Banking services including merchant services and business loans tailored to support your enterprise's growth. You can count on us to be there as you navigate the financial landscape of entrepreneurship.

Convenient Digital Banking Features

In today's fast-paced world, convenience is key. That's why Federal Way Branch offers robust Online & Mobile Banking features that allow you to manage your finances from anywhere. With mobile payments and person-to-person transfer options, sending money to friends or paying bills has never been easier. You can also access cash through our ATM services with ease. Our basic drive-thru banking allows for quick deposits, withdrawals, and simple transactions without stepping out of your car a true time-saver!

Get in Touch Today!

We invite you to visit us at 2020 S 320Th St Ste H Federal Way Wa 98003, or give us a call at (253) 383-2016 during our operating hours (Monday-Friday 9-5:30pm; Saturday 9-1) to learn more about how we can assist you with all your financial needs. Let Sound be your trusted partner in achieving financial success!

Personal Banking Made Easy

For individuals and families, we offer Personal Banking options that include checking and savings accounts designed to help you manage your money effectively. Our auto loans and vehicle financing services make it easier for you to drive away in the car of your dreams without breaking the bank. If you're considering purchasing a home, our mortgage loans and refinancing options are here to guide you through every step, ensuring that you find the right fit for your budget. Additionally, if life throws unexpected expenses your way, our personal loans and debt consolidation services can help ease the burden. And don't forget about our credit cards with rewards perfect for those who want to earn while they spend!

Shared Branch Services

If you're traveling or just need more flexibility, our shared branch transactions let you handle deposits and withdrawals even at partner credit union locations. It's all about making banking more accessible for you.

Digital & Online Banking

In today's fast-paced world, managing your finances should be as easy and secure as possible. At Sound, we understand this need and are proud to offer a range of digital and online banking services designed to fit seamlessly into your lifestyle. With our 24/7 Online Banking services available at https://www.soundcu.com/, you can access your accounts whenever it suits you. Whether you want to check your balance, transfer funds, or pay bills, our user-friendly platform makes it simple and efficient. Plus, with the option for E-Statements, you can stay organized and keep track of your finances without the clutter of paper statements. Need to make a quick payment? Our Mobile Payments feature lets you send money easily using your smartphone, while our Person-to-Person Transfers allow you to send cash directly to friends or family in just a few taps. And if you're always on the go, our dedicated Mobile Application puts banking right in your pocket making it easier than ever to manage your accounts anytime, anywhere. Security is paramount at Sound. We provide Electronic Signature Authorization, ensuring that your transactions are both safe and convenient. You can have peace of mind knowing that your sensitive information is protected every step of the way. Whether you're looking for easy access to your accounts or want to take control of your finances from anywhere, our digital banking options are here to help. Discover how convenient banking can be with us at Sound!

Financial Strength

Building Trust Together

Net Shares (Funds available for lending and investments): $2,854,249. Total Share and Deposit Accounts: 318,778, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Sound is your trusted partner. Visit us at 2020 S 320Th St Ste H Federal Way Wa 98003 or call (253) 383-2016 to learn more about how we can help you achieve your financial goals.

Commitment to Growth

With $290,141,285 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to growth is evident as we offer $32,794 in used auto loans and manage a total of $2,334,975,424 in loans and leases supporting your financial goals across various sectors.

Operational Efficiency

Our $10,962,029 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 408 full-time employees and 19 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $766,800,320 in share certificates and $499,327,301 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $20,000,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Foundation

With a net worth of $341,018,475, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,142 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Additional Support

At Sound, we're committed to providing personalized service. Our knowledgeable staff is here to guide you through each step of the loan process whether you are applying for an auto loan or exploring mortgage options. We encourage you to reach out at (253) 383-2016 if you have any questions or need assistance. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. We're here not just as lenders but as partners in your financial journey!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $619,769,853 in used vehicle loans and $232,912,683 in new vehicle loans already helping members get on the road. Whether it's for a brand-new model or a reliable used vehicle, our financing options are designed to fit your budget and lifestyle.

Business Loans

For business owners, our outstanding commercial loans totaling $673,966,414 provide the capital needed to grow and expand. We know how essential it is for small businesses to have access to funding, so our team is ready to work with you on finding the best solution for your needs.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $156,635,803, make buying or refinancing simple. We provide competitive rates and flexible terms to ensure that your path to owning a home is as smooth as possible. If you're considering refinancing, ask us about our eligibility options that could help reduce your monthly payments.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $69,986,124 in loans helping members manage their finances effectively. These cards come with various benefits that can assist you in handling everyday expenses while building your credit score.

Loan Aggregator

How LendMesh Ensures Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This guarantees that users receive fair and transparent offers when comparing loans. Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring users can trust the information presented. No Sponsored Listings: Unlike many comparison tools, LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results that reflect the true market landscape. Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, which helps them make informed decisions quickly and effectively.

User Trust and Credibility

Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This kind of feedback highlights how LendMesh not only simplifies the search for loans but also contributes to significant savings for its users. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

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