B
Solarity Credit Union
YakimaWA
Rating Date
May 2024
Net Capital
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 14.6 and a net worth ratio of 15.2. A current level of 1.0 percent of nonperforming loans to core capital combined with 0.7 percent from a year earlier contributes to the Excellent asset quality (10.0).
Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.9 on a scale of 0 to 10). Weak liquidity 3.0, driven by a liquidity ratio of 20.3 percent and a “hot money” ratio of 6.7 percent.
Asset Mix: Home mtgs (23%), consumer loans (7%), other (70%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
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Operating Profit to Average Assets
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5-Year ROAA (Return on Average Assets)
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Liquidity Ratio
Hot Money
Corporate Info
Address
110 North Fifth Avenue
Yakima, WA 98902
Phone Number
(800) 347-9222
NCUA Charter Number