Sep, 30, 2025 — CLARITY CREDIT UNION is a federally insured state chartered credit union headquartered in MERIDIAN, ID with 6 branch locations and about $217.15 million in total assets. Opened 78 years ago in 1948, CLARITY CREDIT UNION has about 19,087 members and employs 59 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CLARITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1880 S Cobalt Point Way MERIDIAN, ID 83642 |
| Phone: | (208) 437-6583 |
| Fax: | (208) 466-0049 |
| Website: | https://www.claritycu.com |
| Branches: | 6 branch locations |
| Members: | 19,087 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68295 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1948 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $217,149,503 |
| CEO/Manager: | Wendy Edwards |
| Chairperson: | Brett Spencer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,034,252 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 53,357,469 |
| Unsecured Loans | 13,894,057 |
| Other Loans | 93,703,730 |
| TOTAL LOANS | 160,955,257 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -2,056,316 |
| Land And Building | 13,726,074 |
| Other Fixed Assets | 793,990 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,822,195 |
| All Other Assets | 0 |
| TOTAL ASSETS | 217,149,503 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 176,652 |
| Notes & Interest Payable | 270,000 |
| Accounts Payable & Other Liabilities | -1,784,858 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 2,035,000 |
| Share Drafts | 44,678,845 |
| Regular shares | 83,248,277 |
| All Other Shares & Deposits | 69,561,402 |
| TOTAL SHARES & DEPOSITS | 197,488,525 |
| TOTAL LIABILITIES | 198,195,186 |
| Regular Reserve | 0 |
| Other Reserves | 1,268,475 |
| Undivided Earnings | 17,685,842 |
| TOTAL EQUITY | 18,954,317 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 217,149,503 |
| INCOME & EXPENSE | |
| Loan Income | 8,123,657 |
| Investment Income | 1,377,505 |
| Other Income | 1,143,664 |
| Total Employee Compensation & Benefits | 4,274,614 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,485,304 |
| Non-operating Income & (Expense) | 15,800 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,720,948 |
| Cost of Funds | 2,298,307 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 981,353 |
| ↑ Back to Top | |