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National Credit Union Service Organization

SOLARITY CREDIT UNION

Sep, 30, 2025 — SOLARITY CREDIT UNION is a federally insured state chartered credit union headquartered in YAKIMA, WA with 5 branch locations and about $824.58 million in total assets. Opened 75 years ago in 1951, SOLARITY CREDIT UNION has about 46,866 members and employs 122 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:SOLARITY CREDIT UNION
Address:
(Main Office)
110 N 5th Ave
YAKIMA, WA 98902
Phone:(509) 248-1720
Fax:
Website:https://www.solaritycu.org
Branches:5 branch locations
Members:46,866
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68061
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1951
Last Audited:Mar 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$824,575,797
CEO/Manager:Mina Worthington
Chairperson:Merrilou Harrison

Call Report

  • First Time Homebuyer Program
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 76,271,633
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 544,033,472
 Unsecured Loans 10,116,274
 Other Loans 111,124,541
 TOTAL LOANS 665,274,287
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,406,166
 Land And Building 8,105,194
 Other Fixed Assets 3,695,880
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 5,957,733
 All Other Assets 212,059
  TOTAL ASSETS 824,575,797
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 45,000,000
 Accounts Payable & Other Liabilities 17,710,439
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 137,553,994
 Regular shares 186,146,231
 All Other Shares & Deposits 304,977,898
  TOTAL SHARES & DEPOSITS 628,678,122
  TOTAL LIABILITIES 691,447,561
 Regular Reserve 0
 Other Reserves 18,196,959
 Undivided Earnings 114,931,277
  TOTAL EQUITY 133,128,236
  TOTAL LIABILITIES, SHARES, & EQUITY 824,575,797
INCOME & EXPENSE  
 Loan Income 25,000,066
 Investment Income 2,626,370
 Other Income 2,372,721
 Total Employee Compensation & Benefits 10,927,464
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 10,532,497
 Non-operating Income & (Expense) -183,990
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,334,000
 Cost of Funds 7,805,204
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 3,874,473
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