Yakima Federal Savings and Loan Association

/Home/1. Search Washington Home Mortgage/Wenatchee -North Central Region WA - HM Mortgage/Yakima County, WA - Home Mortgage/Sunnyside, WA - Home Mortgage

Yakima Federal Savings and Loan Association
801 Edison,
Sunnyside, WA 98944
Phone: 509-837-4555

Welcome To Yakima Federal Savings and Loan Association Online

A Letter to the Customers of Yakima Federal Savings and Loan Association
We’ve all been watching the news reports from Wall Street and how recent events have impacted our national economy. Understandably, many of you are concerned and want to know about the security of your own savings at Yakima Federal Savings and Loan Association.

We want to assure you that your money is safe and sound in Yakima Federal Savings and Loan Association. We’ve been in business for over 100 years and our depositors have never lost a single penny of their money. In fact, we have paid over 1 billion dollars in dividends to savers over our 104 year history.

Unlike some of the financial institutions you have been hearing about on the news, we know our market and our customers. We do not make risky or “subprime” mortgage loans, nor do we invest in securities that are backed by these loans. Instead we use conservative, safe lending practices that have successfully serviced our market and institution for years.

You should know that Yakima Federal Savings is well capitalized and has substantial financial reserves. Our tier one capital ratio stands at 17.639% and our liquidity ratios are high, currently 49.70% of assets and 61.73% of deposits. (Financial Ratios are as of June 30, 2009)

And remember that your deposits are insured up to maximum allowable amounts by the FDIC. These amounts were recently raised and you can access additional information about deposit insurance from the FDIC website at www.fdic.gov.

In summary, we want to thank you for your continued business and we look forward to a long and stable relationship with you for many years into the future.

Welcome to our website. Please take a moment to read our Privacy Statement. Our website represents our commitment to staying connected to the communities we serve. You'll want to "bookmark" our Home Page because we will be updating our pages often to make our website more user-friendly, interactive, and responsive to your needs.

Home Mortgage Loans are our specialty. Why we have been making loans to families to finance the purchase of their home for over 100 years! Our team of loan professionals has over 200 years of combined experience making them experts in their field. At Yakima Federal Savings your home loan starts here and it stays here. We don’t sell the loan after it’s closed so you continue to deal with the same local people whether you are making a payment or have a question about your reserves. Help is only a phone call away or you can always visit us face-to-face at your local Branch.

If a Home Equity Loan is what you need we have options for you. You can choose a fixed rate equity loan with terms of 10, 15, or 20 years and decide whether to pay the costs or ask us about our No Cost option. If you prefer, our Preferred Line of Credit provides the flexibility to write a check to access your equity and you only make payments on the amount that you spend. Regardless of your needs, you will find our Home Equity Loan rates among the lowest available.

We also have Consumer Loans for your Auto, Boat or Recreational Vehicle Purchase.


©2001 Yakima Federal Savings and Loan Association