Phillips-Wasatch Credit Union Centerville, Utah
Phillips-Wasatch Credit Union is a state-chartered credit union headquartered in Centerville, UT, established in 1940 (NCUA charter 67078), and it is regulated and insured by the NCUA. At Q2 2026 it reported 679 members and total assets of $6.0M (little changed from Q2 2025), the 42nd largest of 50 credit unions headquartered in Utah. Its net worth ratio was 32.09% at Q2 2026, in the well capitalized band.
Also written as Phillips-Wasatch CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 67078
- Headquarters
- Centerville, UT
- Established
- 1940
- Total assets, Q2 2026
- $6.0M
- Assets vs Q2 2025
- 0.0%
- Members, Q2 2026
- 679
- Net worth ratio, Q2 2026
- 32.09%
- Latest call report
- Q2 2026, NCUA 5300 · Phillips-Wasatch Credit Union call report
- Asset rank in state
- 42nd of 50 in Utah
- Routing number
- 324376740
- Branches
- 2
It has 68 fewer members than on June 30, 2025 (-9.1%). Its net worth ratio was up 0.92 percentage points from 31.17% on June 30, 2025. Used vehicle loans are its largest loan category, $3.3M of $4.6M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 1.50% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 32.09% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Utah
Frequently asked about Phillips-Wasatch Credit Union
How big is Phillips-Wasatch Credit Union?
At Q2 2026 it reported total assets of $6.0M and 679 members.
Where is Phillips-Wasatch Credit Union headquartered?
It is headquartered in Centerville, UT, United States.
When was Phillips-Wasatch Credit Union founded?
It was established in 1940, per NCUA records.
Is Phillips-Wasatch Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 67078): 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 Phillips-Wasatch Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Phillips-Wasatch Credit Union well capitalized?
Its net worth ratio was 32.09% 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 Phillips-Wasatch Credit Union's delinquency ratio?
Its delinquency ratio was 1.50% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Phillips-Wasatch Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 112.31% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Centerville, UT 84014
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1940
- NCUA Charter #
- 67078
- RSSD ID
- 395498
- Members
- 679
- Potential members
- 1,697
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 2 of 7 ranked measures and in the bottom quartile on 1.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 32.09% | 14.31% | over 90th top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 0.57% | 0.72% | 43rd below |
| Return on equity Middle half of peers: 1.04% to 8.69% | 1.77% | 4.74% | 30th below |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 4.65% | 3.93% | 78th top |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 78.27% | 79.83% | 53rd above |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.41% | 0.78% | 20th bottom |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 1.50% | 0.86% | 35th below |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 6.06% | 4.70% | 89th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 112.31% | 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
$6.0M total assets against $6.0M; $4.1M total shares and deposits against $4.1M; $4.6M total loans against $4.9M.
$1.9M net worth against $1.9M.
32.09% net worth ratio against 31.17%.
112.31% loan-to-share ratio against 117.64%.
1.50% delinquency ratio.
0.57% return on assets against 0.96%; 1.77% return on equity against 3.09%.
4.65% net interest margin against 4.67%.
679 members against 747.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 32.09% | 0.57% | 1.50% | 112.31% |
| March 31, 2026 | 32.18% | 0.93% | 1.69% | 114.67% |
| December 31, 2025 | 32.33% | 0.46% | 1.48% | 118.63% |
| September 30, 2025 | 31.65% | 1.60% | 2.03% | 114.92% |
| June 30, 2025 | 31.17% | 0.96% | — | 117.64% |
| March 31, 2025 | 32.57% | 1.82% | 0.46% | 124.70% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 1% of the loan book, above the typical credit-union range. Worth watching the trend in coming quarters. BankRegReports early-warning band.
Loans outstanding exceed total member shares (deposits). The credit union is funding the gap with borrowings or non-member sources that are more rate-sensitive and less stable than core member deposits. Industry heuristic, not a supervisory threshold.
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.