SOLARITY

Charter #68061 | WA

750M-1B (112 CUs) Community (281 CUs)
3 750M-1B in WA

SOLARITY has 5 strengths but faces 12 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 18.3% in tier
  • + Wallet Share Momentum: Top 22.8% in tier
  • + Total Delinquency Rate (60+ days): Top 2.7% in tier
  • + Loan-to-Share Ratio: Top 4.5% in tier
  • + Net Worth Ratio: Top 5.4% in tier

Key Concerns

Areas that may need attention

  • - Stagnation Risk: Bottom 3.9% in tier
  • - Membership Headwinds: Bottom 6.6% in tier
  • - Institutional Decline: Bottom 8.3% in tier
  • - Liquidity Strain: Bottom 11.5% in tier
  • - Liquidity Overhang: Bottom 21.9% in tier
  • - Efficiency Drag: Bottom 26.8% in tier
  • - ROA 0.08% below tier average
  • - Efficiency ratio 5.95% above tier (higher cost structure)
  • - Member decline: -5.4% YoY
  • - Deposit Growth Rate: Bottom 6.2% in tier
  • - Total Deposits: Bottom 7.1% in tier
  • - Member Growth Rate: Bottom 8.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Members 46,866
-5.4% YoY-1.2% QoQ
 -5.2K 52,114
-2.1% YoY
 65,720
+2.5% YoY
 33,089
+6.1% YoY
 37th in tier
Assets $824.6M
-0.3% YoY+1.3% QoQ
 $-34.4M $859.0M
+0.0% YoY
 $1.2B
+3.7% YoY
 $547.7M
+7.8% YoY
 38th in tier
Loans $665.3M
-1.4% YoY-0.4% QoQ
 +$61.9M $603.4M
+1.0% YoY
 $909.1M
+5.1% YoY
 $388.7M
+8.6% YoY
 67th in tier
Deposits $628.7M
-2.7% YoY+0.8% QoQ
 $-105.5M $734.2M
+0.9% YoY
 $1.0B
+6.5% YoY
 $464.6M
+9.3% YoY
 Bottom 6.2% in tier
ROA 0.6%
+30.7% YoY+23.2% QoQ
 -0.1% 0.7%
+27.6% YoY
 0.6%
+9.9% YoY
 0.7%
+273.4% YoY
 43rd in tier
NIM 3.2%
+7.5% YoY+0.5% QoQ
 -0.2% 3.4%
+9.6% YoY
 3.7%
+4.7% YoY
 3.7%
+5.0% YoY
 38th in tier
Efficiency Ratio 80.5%
-7.7% YoY-3.1% QoQ
 +5.9% 74.5%
-3.2% YoY
 76.4%
-1.1% YoY
 79.1%
-3.3% YoY
 70th in tier
Delinquency Rate 0.1%
-76.7% YoY-72.4% QoQ
 -0.7 0.8%
+5.0% YoY
 0.9%
-2.6% YoY
 1.2%
-0.9% YoY
 Bottom 2.7% in tier
Loan To Share 105.8%
+1.3% YoY-1.2% QoQ
 +23.2% 82.7%
+0.1% YoY
 76.9%
-2.2% YoY
 68.0%
-1.7% YoY
 Top 5.4% in tier
AMR $27,610
+3.6% YoY+1.4% QoQ
 $-1K $28,651
+2.5% YoY
 $28,761
+2.7% YoY
 $19,418
+1.3% YoY
 57th in tier
CD Concentration 18.2%
+28.6% YoY+4.9% QoQ
 -6.2% 24.4%
+4.2% YoY
 22.3%
+2.5% YoY
 19.6%
+6.2% YoY
 28th in tier
Indirect Auto % 4.1%
-26.0% YoY-6.3% QoQ
 -9.8% 14.0%
-5.8% YoY
 17.1%
-8.4% YoY
 7.9%
-2.9% YoY
 43rd in tier

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#506 of 1006 • Top 18.3% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 3.57%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.9K
(Tier: $2.8K, National: $2.0K)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#630 of 1006 • Top 22.8% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 3.57%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (6)

Stagnation Risk

risk
#65 of 550 • Bottom 3.9% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: 0.63%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -5.39%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $27.6K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 18.22%
(Tier: 24.41%, National: 19.60%)
but better than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Membership Headwinds

decline
#109 of 550 • Bottom 6.6% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -5.39%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Institutional Decline

decline
#66 of 256 • Bottom 8.3% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature
Total Assets: $824.58M
(Tier: $859.01M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -5.39%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -1.40%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 281 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | New qualifier

Liquidity Strain

risk
#90 of 258 • Bottom 11.5% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 105.82%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): -1.40%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
258 of 281 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | Rank worsening

Liquidity Overhang

risk
#339 of 552 • Bottom 21.9% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 17.09%
(Tier: 11.95%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 105.82%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
552 of 281 Community CUs have this signature | 691 nationally
↑ Growing +65 CUs YoY | Rank worsening

Efficiency Drag

risk
#474 of 521 • Bottom 26.8% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 80.47%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.15% points
(Tier: 0.11% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): -5.39%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 281 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank worsening

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 112 peers in tier

Top Strengths (5 metrics)

4
Total Delinquency Rate (60+ days)
risk
Value: 0.10%
Peer Avg: 0.82%
#4 of 112 Top 2.7% in 750M-1B tier
6
Loan-to-Share Ratio
balance_sheet
Value: 105.82%
Peer Avg: 82.66%
#6 of 112 Top 4.5% in 750M-1B tier
7
Net Worth Ratio
risk
Value: 17.09%
Peer Avg: 11.52%
#7 of 112 Top 5.4% in 750M-1B tier
17
Share Certificate Concentration (%)
balance_sheet
Value: 18.22%
Peer Avg: 28.34%
#17 of 112 Top 14.3% in 750M-1B tier
28
Net Charge-Off Rate
risk
Value: 0.28%
Peer Avg: 0.61%
#28 of 112 Top 24.1% in 750M-1B tier

Top Weaknesses (5 metrics)

106
Deposit Growth Rate
growth
Value: -2.66%
Peer Avg: 5.03%
#106 of 112 Bottom 6.2% in 750M-1B tier
105
Total Deposits
balance_sheet
Value: $628.68M
Peer Avg: $734.17M
#105 of 112 Bottom 7.1% in 750M-1B tier
103
Member Growth Rate
growth
Value: -5.39%
Peer Avg: 1.14%
#103 of 112 Bottom 8.9% in 750M-1B tier
92
Loan Growth Rate
growth
Value: -1.40%
Peer Avg: 4.84%
#92 of 112 Bottom 18.8% in 750M-1B tier
90
Asset Growth Rate
growth
Value: -0.30%
Peer Avg: 4.25%
#90 of 112 Bottom 20.5% in 750M-1B tier