Granite Furniture Employees Federal Credit Union West Jordan, Utah
Granite Furniture Employees Federal Credit Union is a federal credit union headquartered in West Jordan, UT, established in 1960 (NCUA charter 13599), and it is regulated and insured by the NCUA. At Q2 2026 it reported 215 members and total assets of $1.9M (down 10.9% from Q2 2025), the 45th largest of 50 credit unions headquartered in Utah. Its net worth ratio was 19.88% at Q2 2026, in the well capitalized band.
Also written as Granite Furniture Employees FCU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 13599
- Headquarters
- West Jordan, UT
- Established
- 1960
- Total assets, Q2 2026
- $1.9M
- Assets vs Q2 2025
- -10.9%
- Members, Q2 2026
- 215
- Net worth ratio, Q2 2026
- 19.88%
- Latest call report
- Q2 2026, NCUA 5300 · Granite Furniture Employees Federal Credit Union call report
- Asset rank in state
- 45th of 50 in Utah
- Routing number
- 324078734
- Branches
- 2
It has 1 fewer member than on June 30, 2025 (-0.5%). Its net worth ratio was up 3.00 percentage points from 16.88% on June 30, 2025. Used vehicle loans are its largest loan category, $508K of $1.4M in total loans on its June 30, 2026 filing.
Credit unions similar in size in Utah
Frequently asked about Granite Furniture Employees Federal Credit Union
How big is Granite Furniture Employees Federal Credit Union?
At Q2 2026 it reported total assets of $1.9M and 215 members.
Where is Granite Furniture Employees Federal Credit Union headquartered?
It is headquartered in West Jordan, UT, United States.
When was Granite Furniture Employees Federal Credit Union founded?
It was established in 1960, per NCUA records.
Is Granite Furniture Employees Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 13599): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Granite Furniture Employees Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Granite Furniture Employees Federal Credit Union well capitalized?
Its net worth ratio was 19.88% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Granite Furniture Employees Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 93.63% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- West Jordan, UT 84088
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1960
- NCUA Charter #
- 13599
- RSSD ID
- 28983
- Members
- 215
- Potential members
- 225
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 1 of 5 ranked measures and in the bottom quartile on 2.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 19.88% | 14.31% | 76th top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.01% | 0.72% | 63rd above |
| Return on equity Middle half of peers: 1.04% to 8.69% | 5.10% | 4.74% | 52nd above |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 2.61% | 3.93% | under 10th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | not on file | 79.83% | not on file |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 2.95% | 0.78% | under 10th bottom |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | not on file | 0.86% | not on file |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 5.56% | 4.70% | 80th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 93.63% | 58.92% | over 90th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.9M total assets against $2.1M; $1.5M total shares and deposits against $1.8M; $1.4M total loans against $1.7M.
$378K net worth against $360K.
19.88% net worth ratio against 16.88%.
93.63% loan-to-share ratio against 95.39%.
1.01% return on assets against 0.37%; 5.10% return on equity against 2.20%.
2.61% net interest margin against 2.27%.
215 members against 216.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 19.88% | 1.01% | — | 93.63% |
| March 31, 2026 | 19.40% | 1.05% | — | 92.93% |
| December 31, 2025 | 19.25% | 1.08% | 6.43% | 95.76% |
| September 30, 2025 | 18.85% | 0.58% | — | 99.33% |
| June 30, 2025 | 16.88% | 0.37% | — | 95.39% |
| March 31, 2025 | 16.53% | 1.07% | — | 87.17% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.