2012-11-05T15:13:11-07:00 2011-12-31 990 2011-01-01 916049071 CREDIT UNIONS IN THE STATE OF WASHINGTON CRED 5092481720 PO BOX 2922 YAKIMA WA 98907 Jeff Buege 5092481720 2012-11-05 2011 2016-02-24 21:20:13Z X SOLARITY CREDIT UNION SOLARITY CREDIT UNION PO BOX 2922 YAKIMA WA 98907 18135337 0 X www.solaritycu.org X 1951 WA PROVIDE FINANCIAL SERVICE TO MEMBERS, INCLUDING BUT NOT LIMITED TO PROVIDING REAL ESTATE AND OTHER SECURED AND UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. 13 13 167 0 0 0 7621634 11440680 1211682 1178910 52166 5371701 8885482 17991291 0 0 1767673 0 3186709 4545877 0 0 0 3580543 7870306 8534925 12416183 350557 5575108 190373429 477862891 164533381 419161509 25840048 58701382 THE MISSION OF SOLARITY CREDIT UNION IS TO PROVIDE SUPERIOR SERVICES TO HELP MEMBERS ACHIEVE THEIR FINANCIAL GOALS. 0 0 PROVIDE FINANCIAL SERVICES TO 49,212 MEMBERS. THESE SERVICES INCLUDE BUT ARE NOT LIMITED TO PROVIDING REAL ESTATE AND OTHER SECURED AND UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS AND CREDIT CARD SERVICES. 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11512 0 1 167 1 0 0 0 0 0 0 X 13 13 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MINA WORTHINGTON 5092481720 PO BOX 2922 YAKIMA WA 98907 CRAIG BAIRD 0 X 0 0 0 MARK CHMELEWSKI 0 X 0 0 0 PEGGY DAVENPORT 0 X 0 0 0 VERA FRANK 0 X 0 0 0 KAY GAMACHE 0 X 0 0 0 TOM GARRISON 0 X 0 0 0 JAMES HURLEY 0 X 0 0 0 GARY KISSLING 0 X 0 0 0 GERALD KOBES 0 X 0 0 0 MARK KRANZ 0 X 0 0 0 MICHAEL MEYER 0 X 0 0 0 JOANN MILLER-ROSE 0 X 0 0 0 TERRY MORGAN 0 X 0 0 0 DOUG NICHOLSON 0 X 0 0 0 MATHEW PETERSON 0 X 0 0 0 GARY WALKER 0 X 0 0 0 PAUL REGIMBAL 40 X 162867 0 24326 MINA WORTHINGTON 40 X 52716 0 8449 PAULA SLAYE 40 X 115044 0 21165 MATTHEW KENISON 40 X 31898 0 5212 TERRY WHEAT 40 X 128266 0 19838 TIMOTHY SPEAR 40 X 100933 0 17450 591724 0 96440 4 0 1 0 JACK HENRY PO BOX 503328 ST LOUIS MO 63150 COMPUTER SYSTEM 392371 REGENCE BLUE SHIELD PO BOX 2609 OMAHA NE 68103 EMPLOYEE INSURANCE 264220 GBS ADMINISTRATORS PO BOX 94721 SEATTLE WA 98124 EMPLOYEE BENEFITS 154073 HARLAND PO BOX 535120 ATLANTA GA 30353 PRINTING 167716 INFO IMAGE 141 JEFFERSON DRIVE MENLO PARK CA 94025 STATEMENT PROCESSING 140842 5 0 LOAN INTEREST 522130 9411365 9411365 0 0 FEES & CHARGES 522130 877019 877019 0 0 CREDIT CARD & OTHER 522130 1152296 1152296 0 0 0 0 0 0 11440680 1270515 1270515 0 0 0 0 0 0 0 0 0 0 91882 0 52441 0 39441 0 39441 0 0 39441 0 0 0 91605 0 -91605 -91605 0 0 -91605 GAIN ON SALE OF BARGAIN PURCHASE 522130 5332260 5332260 0 0 0 0 0 0 5332260 17991291 18043455 0 -52164 591724 2888462 272017 505695 287979 7071 69956 373533 624431 141597 381651 35618 9356 618625 105132 DIVIDEND EXPENSE 1575945 PROVISION FOR LOAN LOSSES 1123436 LOAN SERVICING EXPENSE 902962 PROFESSIONAL & OUTSIDE SERVICES 1190989 710004 12416183 0 0 0 686672 5357624 28425444 33301795 100298727 291981822 927730 994541 25925683 7096466 6431090 18829217 1410308 51733647 51387962 68607218 805496 7057027 190373429 477862891 625277 6047543 793659 232399 389235 163675705 411931072 164533381 419161509 X 0 0 0 0 25840048 58701382 25840048 58701382 190373429 477862891 X 5575108 27286226 X 0 1 1 X 0 0 1 0 2870167 2870167 0 16586879 2346293 14240586 0 353612 159088 194524 0 6115025 4591085 1523940 0 0 0 0 18829217 FHLB STOCK 766671 C BANKS, S&L CERTIFICATES 67840547 C 68607218 MEMBER DEPOSITS 411931072 411931072 SchD_P04_S00_L02b Schedule D, Part IV, Line 2b THE CREDIT UNION HOLDS AMOUNTS IN ESCROW FOR MEMBER LOANS. X X 0 0 0 PAUL REGIMBAL 162867 0 0 0 0 0 17406 0 6920 0 187193 0 0 0 F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 UPDATED ORGANIZATIONAL DOCUMENTS TO REFLECT MERGER WITH YAKIMA VALLEY CREDIT UNION. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 SOLARITY CREDIT UNION HAS MEMBERS F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a MEMBERS VOTE ON BOARD AND COMMITTEE MEMBERS F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b MERGERS WOULD REQUIRE MEMBERSHIP APPROVAL F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b FORM 990 IS COMPLETED BY THE CONTROLLER, REVIEWED BY THE CFO, AND PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO FILING. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c SUPERVISORY COMMITTEE REGULARLY REVIEWS AND ENFORCES THE ORGANIZATION'S CONFLICT OF INTEREST POLICY F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 THE BOARD OF DIRECTORS INDEPENDENTLY DETERMINES COMPENSATION FOR THE CEO AND TOP MANAGEMENT OFFICIALS. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS AND POLICIES ARE NOT MADE AVAILABLE TO THE PUBLIC. FINANCIAL STATEMENTS ARE INCLUDED AS PART OF THE ANNUAL REPORT AND IS MADE AVAILABLE TO CURRENT AND POTENTIAL MEMBERS. F990_P11_S00_L05 Form 990, Part XI, Line 5 $27,235,358 NET ASSETS ACQUIRED IN MERGER WITH YAKIMA VALLEY CREDIT UNION. $50,868 UNREALIZED GAIN ON INVESTMENTS CLASSIFIED AS AVAILABLE-FOR-SALE. CREDIT UNIONS IN THE STATE OF WASHINGTON YAKIMA VALLEY CREDIT UNION PO BOX 2922 YAKIMA WA 98907 910717156 PROVIDE FINANCIAL SERVICES TO MEMBERS WA 501(C)(14) N/A 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0