VERITY Credit Union Profile

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VERITY

Charter #68517 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (206) 440-9000

Fax: (206) 361-5300

Founding Date: N/A

Website: http://www.veritycu.com

Personnel & Operations

President: Collins, Will

Manager: Webb, Tonita

FT Employees: 129

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 13.48%

Membership Type: 99

Branches: 6

Hours: Monday thru Friday from 8am - 5pm

Credit Union Profile Summary

VERITY is a FISCU Credit Union. With a total of 35,717 members [1], this institution manages approximately $769,263,539 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.16% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -9.62% [1].

Financial Snapshot

Total Assets [1]
$769,263,539

Total economic resources.

Total Loans [1]
$588,071,033

Total value of outstanding loans.

Total Deposits [1]
$671,235,325

Total funds deposited by members.

Members [1]
35,717

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.16%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
-0.40%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
87.61%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
1.09%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-9.62%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-4.98%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

11027 Meridian Ave N

Seattle, WA, 98133

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 9 branches reported by VERITY (Charter #68517).

Main Office

Member Services/Call Ctr. Main Office

Type: Corporate Office

11027 Meridian Ave N

Seattle, WA 98133

Phone: (206) 440-9000

Services: Member Services

Open in Directions

Additional Branches

Auburn

Auburn Branch

Type: Branch Office

1424 Outlet Collection Way SW Ste 200

Auburn, WA 98001-6527

Phone: (253) 394-0144

Services: Member Services, ATM

Open in Directions

Lynnwood

Alderwood Branch

Type: Branch Office

18530 33rd Ave W

Lynnwood, WA 98037

Phone: (425) 712-0379

Services: Member Services, ATM

Open in Directions

Seattle

Ballard Branch

Type: Branch Office

5711 24th Ave NW

Seattle, WA 98107

Phone: (206) 641-2877

Services: Member Services, ATM

Open in Directions

Beacon Hill Branch

Type: Branch Office

1660 S Columbian Way Bldg 35

Seattle, WA 98108-1532

Phone: (206) 762-0410

Services: Member Services, ATM, Drive-Thru

Open in Directions

Greenwood Branch

Type: Branch Office

8533 Greenwood Ave N

Seattle, WA 98103

Phone: (206) 641-2867

Services: Member Services, ATM

Open in Directions

Northgate Branch

Type: Corporate Office

11027 Meridian Ave N Ste 101

Seattle, WA 98133

Phone: (206) 440-9000

Services: Member Services, ATM, Drive-Thru

Open in Directions

Wallingford Branch

Type: Branch Office

4545 Stone Way N

Seattle, WA 98103-6647

Phone: (206) 357-0644

Services: Member Services, ATM

Open in Directions

West Seattle Branch

Type: Branch Office

4505 California Ave SW

Seattle, WA 98116

Phone: (206) 641-2810

Services: Member Services, ATM

Open in Directions