Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1954.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
24 people listed on the 990; $2.4M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Tonita Webb | $579,850 | $585,855 | — | $380,134 | — |
| Webb Tonita | — | — | $551,167 | — | — |
| John Zmolek | — | — | — | $230,752 | $444,253 |
| Brad Tanberg | $316,281 | $330,565 | — | $217,529 | $220,788 |
| Ken Butler | $274,167 | $232,076 | — | $199,613 | $169,726 |
| Tanberg Brad | — | — | $273,440 | — | — |
| Alma Granic | $267,774 | $232,846 | — | — | — |
| Tina Narron | $264,612 | $249,419 | — | $202,618 | $207,045 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Verity Credit Union executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II4 listed
Programs and updates
Promotes thrift and savings among its members through cooperation.
Questions for Verity Credit Union
Your first name shows with your question. Verity Credit Union answers here, for everyone.
Verity credit union is a washington state chartered credit union that serves 36,378 member owners. Verity's primary field of membership includes all individuals that reside, work, worship, or attend school in any washington state school district.
Verity credit union offers a full-service investment program with two registered investment representatives and a support representative. As of december 31, 2020, verity's investment services program had 1,073 members who have 2,278 accounts, and $198,007,880 in assets under management.
Verity credit union offers free financial counseling to its members. Specific services include financial planning, debt modification on loans from verity and other creditors, and direct assistance in utilizing the government sponsored mortgage relief programs.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $40.1M | $77.7M |
| InvestmentsLn 11–13 | $65.9M | $52.2M |
| Land, buildings, equipmentLn 10c | $9.6M | $9.7M |
| Total assetsLn 16 | $632.8M | $692.4M |
| LiabilitiesLn 26 | $576.8M | $632.9M |
| Net assetsLn 32 | $56.0M | $59.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $79K | |||
| Pay of current officers, directors and key staffLn 5 | $1.8M | |||
| Other salaries and wagesLn 7 | $7.8M | |||
| Pension plan contributionsLn 8 | $311K | |||
| Other employee benefitsLn 9 | $988K | |||
| Payroll taxesLn 10 | $752K | |||
| Legal feesLn 11b | $84K | |||
| Accounting feesLn 11c | $132K | |||
| Other fees for servicesLn 11g | $753K | |||
| Advertising and promotionLn 12 | $949K | |||
| Office expensesLn 13 | $1.9M | |||
| Information technologyLn 14 | $2.5M | |||
| OccupancyLn 16 | $1.1M | |||
| TravelLn 17 | $28K | |||
| Conferences, conventions and meetingsLn 19 | $37K | |||
| InterestLn 20 | $2.6M | |||
| Depreciation, depletion and amortizationLn 22 | $848K | |||
| InsuranceLn 23 | $134K | |||
| Other expenses (24a–d)Ln 24 | $7.4M | |||
| All other expensesLn 24e | $1.4M | |||
| Total functional expensesLn 25 | $31.3M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 17, 2025 | $48.2M | $47.2M | $1.0M | $71.9M | 990 PDF |
| FY2023Filed with the IRS Nov 15, 2024 | $45.3M | $45.0M | $286K | $78.6M | 990 PDF |
| FY2022Filed with the IRS Nov 15, 2023 | $38.3M | $30.6M | $7.7M | $71.6M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $35.8M | $28.1M | $7.7M | $66.2M | 990 PDF |
| FY2020 ViewingFiled with the IRS Nov 4, 2021 | $32.9M | $31.3M | $1.6M | $59.5M | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $32,916,475 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $32,916,475 across 5 lines filed
Part IX · Statement of functional expenses $31,338,323 across 20 lines filed
Part X · Balance sheet $692,415,165 assets, 17 lines filed
Part XI · Reconciliation of net assets $59,493,578 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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