North Coast Credit Union Assets Rise 7.8% to $381 Million in 2024
April 24, 2025
North Coast Credit Union’s total assets increased 7.8% to $381 million as of Dec. 31, according to its recently released 2024 annual report.
North Coast, with five branches in Whatcom and Skagit counties, also funded over $250 million in member loans in 2024. This included $100 million in real estate loans, $76 million in consumer loans and $76 million in member business loans.
“We are so fortunate to be a part of an organization and industry that prides itself in being a willing participant in making things better for our members, employees and communities,” said A.C. Griffith, who became president and CEO on Jan. 1, 2024. “While 2024 was in many ways a year of transition, I feel we have positioned ourselves to reach new heights in the coming years.”
The North Coast Cares Fund, which allows each employee to direct $250 on their work anniversary to a local non-profit, continues to be a beacon demonstrating its commitment to work, serve and engage in our diverse communities, Griffith said. Over the past few years, North Coast has donated over $50,000 to community non-profits through this program and also continues to support Operation Warm and local food banks.
North Coast, founded in 1939, now has over 20,000 members. Membership in North Coast Credit Union is open to anyone who lives, works, worships or attends school in Washington state. North Coast has branches in Bellingham, Ferndale, Mount Vernon, Anacortes and Sedro-Woolley.
For more information about North Coast Credit Union, call (800) 696-8830 or visit www.northcoastcu.com.
North Coast, with five branches in Whatcom and Skagit counties, also funded over $250 million in member loans in 2024. This included $100 million in real estate loans, $76 million in consumer loans and $76 million in member business loans.
“We are so fortunate to be a part of an organization and industry that prides itself in being a willing participant in making things better for our members, employees and communities,” said A.C. Griffith, who became president and CEO on Jan. 1, 2024. “While 2024 was in many ways a year of transition, I feel we have positioned ourselves to reach new heights in the coming years.”
The North Coast Cares Fund, which allows each employee to direct $250 on their work anniversary to a local non-profit, continues to be a beacon demonstrating its commitment to work, serve and engage in our diverse communities, Griffith said. Over the past few years, North Coast has donated over $50,000 to community non-profits through this program and also continues to support Operation Warm and local food banks.
North Coast, founded in 1939, now has over 20,000 members. Membership in North Coast Credit Union is open to anyone who lives, works, worships or attends school in Washington state. North Coast has branches in Bellingham, Ferndale, Mount Vernon, Anacortes and Sedro-Woolley.
For more information about North Coast Credit Union, call (800) 696-8830 or visit www.northcoastcu.com.
Contact:
A.C. Griffith, President and CEO
800-696-8830
