A few words about Inspirus Credit Union
We are a not-for-profit credit union valued most for our contributions to education. By using our financial services, you are furthering our mission to support schools and educational programs all over the state of Washington. Not only that, you are personally benefiting from more free services, lower loan rates, and better returns on deposits than most big banks. That’s because the more we save, the more our members save.
We give our members the power to:
Our members embrace our low-cost service delivery with shared branches, ATMs, and our comprehensive Digital Banking Platform. Thanks to them we can offer low, competitive rates and budget-friendly terms! Plus, we provide money-saving tools to help achieve your financial goals.
When you support Inspirus Credit Union, you support Washington schools. Our charitable giving benefits education, and we offer free financial seminars to help school employees and students make the most of their money.
Bank anywhere. We bring your accounts to you 24 hours a day, wherever you are:
- Mobile Banking
- Digital banking
- 30,000+ ATMs
- 5,000+ Shared Branches nationwide
- 24-hour telephone banking
- Bank-by-mail
- Oh, and did we mention? It’s all FREE!
Not only are your deposits federally insured to $250,000 through the NCUA (the credit union equivalent of FDIC), we double your peace of mind with an additional $250,000 of private insurance coverage.
Our Giveback
Since 1936, giving back to the community has been a central tenet of who we are as a credit union. We are proud to partner with our community in a variety of ways, from our #FundFriday campaigns to supporting local classrooms through DonorsChoose.org.
Click below to see how we are supporting our communities, and check out the graph on the right to see how much we have given back to the community in the past, as well as so far this year!
This sign hung from our very first branch, back when we were called Seattle Teachers’ Credit Union, located in the heart of downtown Seattle.
Our History
When Seattle math and journalism teacher Robert J. Handy founded the credit union in 1936, the idea of a financial institution owned and operated by the people who saved there was a new (and some said radical) concept. The Washington Legislature had legalized credit unions only three years earlier.
Despite what must have seemed like long odds, the credit union met milestone after milestone: extending membership statewide in 1949, reaching $1 million in assets by 1952, and ranking as the state’s second-largest credit union by 1960.
Today, members trust us with over $1 billion in assets. Although a lot has changed since 1936, one thing remains the same: You’re the reason we’re here, and we’re honored to serve you!
Our Board
- Board Member Since: 2/21/2018
- CU Term Expiration: 2021
- Primary Occupation: Government Affairs Manager, Tacoma Parks and Rec
- Board Member Since: 10/10/2010
- CU Term Expiration: 2019
- Primary Occupation: (Retired) President, Big Bend College
- Board Member Since: 8/26/2004
- CU Term Expiration: 2021
- Primary Occupation: (Retired) Superintendent, Auburn School District
- Board Member Since: 3/31/1985
- CU Term Expiration: 2021
- Primary Occupation: (Retired) Executive Director of Human Resources, Marysville SD
- Board Member Since: 1/3/1989
- CU Term Expiration: 2020
- Primary Occupation: (Retired) President, Inspirus Credit Union
- Board Member Since: 1/1/2000
- CU Term Expiration: 2021
- Primary Occupation: (Retired) Teacher & School Administrator
- Board Member Since: 8/26/2004
- CU Term Expiration: 2020
- Primary Occupation: (Retired) President, Green River Community College
- Associate Board Member Since: 5/23/2018
- CU Term Expiration: 2020
- Primary Occupation: Vendor Manager, Amazon.com
- Associate Board Member Since: 5/23/2018
- CU Term Expiration: 2019
- Primary Occupation: CEO, EoScene Corporation
Board of Directors Compensation
Inspirus has a dedicated and experienced Board of Directors that commits considerable time and effort to lead the credit union. In recognition of their service, the credit union began providing financial compensation to Board members, as approved by the Washington Department of Financial Institutions in January 2017.
| Board Member | 2018 Compensation | Expected 2019 Compensation |
|---|---|---|
| Andrew Austin | $7,700 | $8,400 |
| Brian Benzel* | $8,400 | $700 |
| William Bonaudi | $8,400 | $8,400 |
| Linda Cowan | $8,400 | $8,400 |
| Shirley Liu-Hodgson | $7,700 | $8,400 |
| Sandra Kurack | $8,400 | $8,400 |
| Roger Reimer | $8,400 | $8,400 |
| Richard Rutkowski | $8,400 | $8,400 |
| Benjamin Basson** | - | $0 |
| Geof Griebel** | - | $0 |
Board members are compensated $700 for each regularly scheduled Board meeting.
*Retired Board Member
**Associate Board Members not compensated.
