Watermark Credit Union Email Format

BankingWashington, United States11-50 Employees

Watermark Credit Union is a member-owned, not-for-profit financial institution based in Seattle, Washington. It was founded in 1938 to encourage saving and to use member savings to provide loans at favorable terms, with the first loan used to purchase a set of $65 golf clubs. The institution is governed by an unpaid, volunteer Board of Directors elected by its members.

In 2001, Washington state granted a statewide community charter, expanding eligibility to anyone in the state who lives, works, worships, or studies there. The credit union renamed itself Watermark Credit Union in 2003 as its membership base grew, and by 2006 it began offering business accounts. It operates in the banking industry with a cooperative focus on savings and loans, reflecting the principle of member ownership.

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