PORT ANGELES, Wash.—Two Washington State credit unions are seeking to merge.
The $104-million Strait View Credit Union, which was chartered in 1939 in Port Angeles, Wash., said it is seeking to merge with the $260.7-million Great NorthWest Credit Union, headquartered in Aberdeen. The two credit unions are approximately 175 miles apart.
Strait View CU reported $620,985 in net income through Q3, with net worth of 13.83%. Great NorthWest CU posted $3.82 million in net income and had net worth of 17.39% as of the same date.
Great NorthWest CU has five branches and more than 18,000 members served by 67 employees. Strait View has one branch to serve its more than 7,000 members, with 13 employees.
Mid-2026 Vote Likely
The merger is pending a vote by Strait View CU members and requires regulatory approval.
Strait View CEO Lisa Roening told KONP that the tentative vote among its members will probably be sometime in the middle of next year. If approved, she said local members won’t likely see any changes overnight. The name will stay the same and they’ll still have the same employees, according to the report.
