Grantmaking public charityEIN 910712539
WHATCOM EDUCATIONAL CREDIT UNION
BELLINGHAM, WA 98225
Total Assets
$3.0B
FY 2024
Annual Giving
$222K
FY 2024
Grants Made
12
FY 2024
Avg Grant
$19K
FY 2024
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
Deposits & liquidity: deposits grew by 6.33%, amounting to $140.86 million year-over-year (yoy). Borrowings increased by 19.77%, totaling $34.0 million yoy. These increases enabled wecu to sustain liquidity reserves throughout 2024. The increase in deposits suggests that the current pricing strategy is successfully retaining and attracting new deposit relationships. Additionally, wecu contributed to the economy by distributing $42 million in dividends. Membership growth also saw a yoy increase of 5.11%.
Program 2
Community involvement:while technically not a chartered service, wecu is committed to community service and provides support to a large number of local educational, health and community concerns. In 2024, helping members and the community at large continues to be a primary focus. This was demonstrated through several activities throughout the year throughout the counties served.
Focus Areas
Financial Snapshot
2024 filing
Total Revenue
$166.5M
Total Expenses
$154.3M
Giving Over Time
5 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
42 grants
Grant Size Distribution
42 grants
Geographic Focus
1 states
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