Canopy
Canopy is a credit union based in Spokane, Washington, established in 1956, with $222 million in total assets serving 13,443 members. By Trust Grade it ranks 74th of 75 credit unions we track in Washington. Its net worth ratio of 9.0% trails most similarly sized credit unions (14th percentile), versus a Washington median of 12.4%. It posted a loss over the most recent period (-0.53% return on assets), a point to watch. No consumer complaints against Canopy appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Canopy compares to Washington peers
How we graded Canopy
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.0% capital ratio)
- Unprofitable over the period (ROA -0.53%)
- No CFPB complaints on record
The Trust Grade is Bankzia’s independent, documented opinion computed from public FDIC/NCUA/CFPB data — not an official rating, and not a statement about the safety of insured deposits. Report a data error or dispute this grade →
Consumer complaints (CFPB)
No CFPB complaints are on file for Canopy over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Canopy insured?
Yes. Canopy 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.
Canopy: frequently asked questions
Is Canopy a good credit union?
Canopy earns a Bankzia Trust Grade of C (74/100, "Average"), based on a financial-strength score of 74/100 (it has no CFPB complaints on record). Well-capitalized (9.0% capital ratio); Unprofitable over the period (ROA -0.53%).
Is Canopy NCUA-insured?
Yes. Canopy 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 Canopy?
Canopy holds $222 million in total assets, ranking 74th of 75 credit unions we track in Washington. It serves 13,443 members.
Does Canopy have CFPB complaints?
No CFPB complaints against Canopy 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.
