Overview / Commentary
Clarity Credit Union is headquartered in Meridian and is the 15th largest credit union in the state of Idaho. It is also the 1,249th largest credit union in the nation. It was established in 1948 and as of June of 2024, it had grown to 52 employees and 18,274 members at 6 locations. Clarity Credit Union's CD rates are 5X the national average, and it has a B health rating.
Field of Membership Restrictions
Clarity Credit Union is open to those who live, work, worship, or attend school in the Idaho counties of Ada, Boise, Canyon, Gem, Owyhee, Payette or Valley. Direct family members of a current Clarity Credit Union member are also eligible to join.
See current membership details
Health
B
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68295 |
| Year Chartered | 1948 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.62% |
| Return on Equity - YTD | 7.77% |
| Annual Interest Income | $5.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $205.2MM$176.7MM |
| Loans | Q2 2024vs Q2 2023 | $146.3MM$126.1MM |
| Deposits | Q2 2024vs Q2 2023 | $185.8MM$158.5MM |
| Equity Capital | Q2 2024vs Q2 2023 | $16.1MM$14.1MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $1.1MM$738K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.7MM$672K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |