Yakima Federal Savings Loan (Listing id 22021)

Phone No : 509 943-3144

1007 Jadwin Avenue
Richland Washington 99352
United States

Yakima Federal Savings and Loan Association Yakima Federal Savings and Loan Association Yakima Federal Savings and Loan Association Home Page

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 nearly 1 billion dollars in dividends to savers over our 103 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 17.86 and our liquidity ratios are high - currently 45.6 of assets and 56.8 of deposits
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losing costs + prepaid items - loan amount - any deposits and credits.

IMPORTANT POINTS AND INFORMATION TO CONSIDER:

The average life of a loan is about 5 years. Here i
. Financial Ratios are as of September 30 - 2008 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 using the link we provide to the FDIC website farther down on this
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page. 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.


Yakima Federal Savings Loan is listed in these Categories
Mortgages Richland

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