Overview / Commentary
Solarity Credit Union is headquartered in Yakima and is the 20th largest credit union in the state of Washington. It is also the 530th largest credit union in the nation. It was established in 1951 and as of December of 2024, it had grown to 131 employees and 48,557 members at 5 locations. Solarity Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Solarity Credit Union is open to those who live, work, worship, or attend school in a Washington state school district. Family members of existing Solarity Credit Union members are also eligible to join. Members of the GoWest Foundation are also eligible to join.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 68061 |
| Year Chartered | 1951 |
| Employees | 131 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 2.94% |
| Annual Interest Income | $36.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $813.8MM$866.6MM |
| Loans | Q4 2024vs Q4 2023 | $680.3MM$663.7MM |
| Deposits | Q4 2024vs Q4 2023 | $626.1MM$633.6MM |
| Equity Capital | Q4 2024vs Q4 2023 | $127.9MM$123.8MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $2.3MM$2.9MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $3.7MM$1.8MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |