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Yakima Federal Savings and Loan [Everything You Need To Know!]

Yakima Federal Savings and Loan

Yakima Federal Savings and Loan – Based in Yakima, Washington, Yakima Federal Savings was founded in 1905 and currently operates ten branches statewide. The organization provides banking services to its patrons, including saving, checking and market accounts, deposit certificates as well as private retirement accounts.

Lending lines are available for the standard variety of consumer loans, and they also provide ATM services, wire and telephone transfers, direct deposit, and automatic payment options.

Yakima Federal Savings and Loan

Yakima Federal Savings and Loan

As of August 16th, 2018, Yakima Federal Savings unveiled a new mosaic made to order by Tieton Mosaic, as part of the Facade Improvement Grant Program funded by the Downtown Association of Yakima.

Reputation

Yakima Federal Savings is the 7th largest bank in Washington and the 456th largest bank in the United States. The money market rate is three times the national average at 0.54%, and the organization has been awarded a reputable A health rating. Additionally, all accounts are insured by the FDIC.

Recent History

As of August 11th, 2018, Sonia Rodriguez True was elected to the board of directors of Yakima Federal Savings. A resident Yakima attorney and former city council member, Sonia served in Yakima County Superior Court as a pro-term commissioner and possesses experience from several other boards.

On November 20th, 2017, a Yakima Federal branch became the second subject of a string of robberies. The perpetrator, identified as Moises Marquez, was apprehended shortly after the third robbery. Authorities stated that Marquez handed the tellers of all three banks a note which demanded cash.

Leanne Antonio became the eighth president and first female CEO of Yakima Federal Savings when Former President, Mike Gilmore, Retired in 2016. Upon reflection in her new office, Leanne noted she “enjoys working with numbers, but people are what [she] enjoys most,” while overlooking Yakima Avenue.

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Charitable Giving

This Friday, October 26th, Virginia Mason Memorial’s annual Children’s Miracle Network Radiothon, a fundraising event collecting donations and raising money to pay for new and upgraded equipment for intensive care, pediatrics, and therapy programs. Yakima Federal Savings is sponsoring the event alongside a variety of local and global organizations.

Yakima also set up a donation location for the US Marine Corps Reserve’s Toys for Tots program of 2016.

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Richard K. Boyd

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