Credit Unions with fastest-growing commercial loan portfolios in Washington

The 39 credit unions in Washington with the fastest-growing commercial loan portfolios reported loans valued at $12 billion as of Sept. 30, marking a 10% increase over what was reported in the year-earlier period.

The online version of this ranking expands beyond what appears in print; another 19 lenders are included in our digital rankings, in addition to the 20 featured in this week’s print edition.

This week’s List is part of a broader strategy shift in our research methodology and philosophy in 2025, one that will emphasize more data and context for readers while better coordinating the resources available to us and our 40-plus sister publications under the American City Business Journals flag. We anticipate this effort will identify thousands of new local records — and cumulatively, tens of thousands of new businesses across ACBJ’s footprint — this year alone.

Information on The List was obtained from the National Credit Union Administration. As defined by the NCUA, commercial lending includes a “loan or an extension of credit to an individual, sole proprietorship, partnership, corporation or business enterprise for commercial, industrial, agricultural or professional purposes, including construction and development loans, any unfunded commitments and any interest a credit union obtains in such loans made by another lender.”

To qualify for this List, lenders are required to have commercial loan portfolio balances as of Sept. 30, 2024, and to be incorporated and headquartered in Washington state. Rankings were determined by year-over-year [percentage or raw dollar value changes] in commercial lending in the period analyzed.

For information about this and other Puget Sound Business Journal Lists, please contact Data Reporter Neetish Basnet at [email protected] or 484-802-9855.

View Puget Sound Business Journal’s Article Here.