Credit Union Safety Analysis
Is Granite Furniture Employees Federal Credit Union Safe? West Jordan, Utah
Based on its Q2 2026 NCUA 5300 call report, Granite Furniture Employees Federal Credit Union has a net worth ratio of 19.88%, at the NCUA level for well capitalized, its 60-day delinquency ratio is not reported, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, Granite Furniture Employees Federal Credit Union's net worth ratio is 19.88%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 19.88%
- Delinquency ratio (60+ days) (Q2 2026): not reported
- Return on assets (Q2 2026): 1.01%
- Loan-to-share ratio (Q2 2026): 93.63%
Granite Furniture Employees Federal Credit Union (NCUA charter 13599, established 1960) reported $1.9M in assets and 215 members for Q2 2026 from West Jordan, Utah. It ranks 45 of 50 credit unions in Utah by total assets. Total assets fell 10.9% from $2.1M on June 30, 2025. 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.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 2,479 credit unions with under $100M in assets: 14.31%; middle half of peers: 11.14% to 19.38%.
Earlier filings: 19.40% for Q1 2026; 16.88% for Q2 2025.
Median of the 2,162 credit unions with under $100M in assets: 0.86%; middle half of peers: 0.35% to 1.93%.
Median of the 2,477 credit unions with under $100M in assets: 0.72%; middle half of peers: 0.16% to 1.30%.
Earlier filings: 1.05% for Q1 2026; 0.37% for Q2 2025.
Median of the 2,470 credit unions with under $100M in assets: 58.92%; middle half of peers: 42.33% to 75.81%.
Earlier filings: 92.93% for Q1 2026; 95.39% for Q2 2025.
Loans by type, Q2 2026
- Used vehicle loans: $508K
- Other secured non-real estate loans and lines of credit: $493K
- New vehicle loans: $377K
- Other unsecured loans and lines of credit: $44K
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $1.9M | 19.88% | — | 1.01% | 93.63% |
| March 31, 2026 | $1.9M | 19.40% | — | 1.05% | 92.93% |
| December 31, 2025 | $1.9M | 19.25% | 6.43% | 1.08% | 95.76% |
| September 30, 2025 | $1.9M | 18.85% | — | 0.58% | 99.33% |
| June 30, 2025 | $2.1M | 16.88% | — | 0.37% | 95.39% |
| March 31, 2025 | $2.2M | 16.53% | — | 1.07% | 87.17% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
Granite Furniture Employees Federal Credit Union profile
Regulator records: NCUA credit union profile (charter 13599) · FFIEC NIC profile (RSSD 28983)
Frequently asked questions
Is Granite Furniture Employees Federal Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, Granite Furniture Employees Federal Credit Union's net worth ratio is 19.88%, above the 7% NCUA threshold for well capitalized.
Is Granite Furniture Employees Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. Granite Furniture Employees Federal Credit Union is a federally insured credit union (NCUA charter 13599): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are Granite Furniture Employees Federal Credit Union's key safety ratios?
For Q2 2026, Granite Furniture Employees Federal Credit Union reports net worth 19.88%, delinquency not reported, ROA 1.01%, loan-to-share 93.63%.
What happens to my money if Granite Furniture Employees Federal Credit Union fails?
For Q2 2026, Granite Furniture Employees Federal Credit Union held $1.5M in shares and deposits for 215 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.