Red Canoe
Red Canoe is a credit union based in Longview, Washington, established in 1937, with $1.2 billion in total assets serving 60,463 members. By Trust Grade it ranks 17th of 75 credit unions we track in Washington. Its net worth ratio of 12.1% is stronger than 72% of similarly sized credit unions, versus a Washington median of 12.4%. It was profitable over the most recent period, with a 0.91% return on assets. No consumer complaints against Red Canoe appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Red Canoe compares to Washington peers
How we graded Red Canoe
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.1% capital ratio)
- Profitable (ROA 0.91%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Red Canoe over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Red Canoe insured?
Yes. Red Canoe is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Red Canoe: frequently asked questions
Is Red Canoe a good credit union?
Red Canoe earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (12.1% capital ratio); Profitable (ROA 0.91%).
Is Red Canoe NCUA-insured?
Yes. Red Canoe is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Red Canoe?
Red Canoe holds $1.2 billion in total assets, ranking 17th of 75 credit unions we track in Washington. It serves 60,463 members.
Does Red Canoe have CFPB complaints?
No CFPB complaints against Red Canoe appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
