Utah First Federal Credit Union Salt Lake City, Utah
Utah First Federal Credit Union is a federal credit union headquartered in Salt Lake City, UT, established in 1935 (NCUA charter 528), and it is regulated and insured by the NCUA. At Q2 2026 it reported 45,913 members and total assets of $1.17B (up 8.4% from Q2 2025), the 8th largest of 50 credit unions headquartered in Utah. Its net worth ratio was 10.38% at Q2 2026, in the well capitalized band.
Also written as Utah First 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
- 528
- Headquarters
- Salt Lake City, UT
- Established
- 1935
- Total assets, Q2 2026
- $1.17B
- Assets vs Q2 2025
- +8.4%
- Members, Q2 2026
- 45,913
- Net worth ratio, Q2 2026
- 10.38%
- Latest call report
- Q2 2026, NCUA 5300 · Utah First Federal Credit Union call report
- Asset rank in state
- 8th of 50 in Utah
- Routing number
- 324079500
- Branches
- 11
It has 2,865 more members than on June 30, 2025 (+6.7%). Its net worth ratio was up 0.29 percentage points from 10.09% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $423.7M of $971.6M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.13% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 10.38% net worth ratio is below that band's 10.89% median.
Credit unions similar in size in Utah
Credit unions merged into Utah First Federal Credit Union
Tanner Employees Credit Union (2024) · Teamsters Local 222 Federal Credit Union (2017)
Frequently asked about Utah First Federal Credit Union
How big is Utah First Federal Credit Union?
At Q2 2026 it reported total assets of $1.17B and 45,913 members.
Where is Utah First Federal Credit Union headquartered?
It is headquartered in Salt Lake City, UT, United States.
When was Utah First Federal Credit Union founded?
It was established in 1935, per NCUA records.
Is Utah First Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 528): 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 Utah First Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Utah First Federal Credit Union well capitalized?
Its net worth ratio was 10.38% 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 Utah First Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.13% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Utah First Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 104.58% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Salt Lake City, UT 84111
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1935
- NCUA Charter #
- 528
- RSSD ID
- 734976
- Members
- 45,913
- Potential members
- 1,950,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 1 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: 9.81% to 12.63% | 10.38% | 10.89% | 38th below |
| Return on assets Middle half of peers: 0.59% to 1.25% | 1.08% | 0.89% | 63rd above |
| Return on equity Middle half of peers: 5.37% to 10.92% | 10.37% | 8.07% | 70th above |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.57% | 3.45% | 58th above |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 70.44% | 70.59% | 51st above |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 2.73% | 1.68% | under 10th bottom |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.13% | 0.68% | over 90th top |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 6.29% | 5.12% | over 90th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 104.58% | 88.03% | 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
$1.17B total assets against $1.08B; $929.1M total shares and deposits against $837.0M; $971.6M total loans against $891.2M.
$121.7M net worth against $109.2M.
10.38% net worth ratio against 10.09%.
104.58% loan-to-share ratio against 106.48%.
0.13% delinquency ratio against 0.33%.
1.08% return on assets against 1.10%; 10.37% return on equity against 10.91%.
3.57% net interest margin against 3.56%.
45,913 members against 43,048.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.38% | 1.08% | 0.13% | 104.58% |
| March 31, 2026 | 10.20% | 1.02% | 0.17% | 101.09% |
| December 31, 2025 | 10.22% | 1.24% | 0.27% | 104.08% |
| September 30, 2025 | 9.88% | 1.04% | 0.25% | 101.80% |
| June 30, 2025 | 10.09% | 1.10% | 0.33% | 106.48% |
| March 31, 2025 | 9.82% | 0.81% | 0.35% | 102.33% |
Scroll sideways to see every column.
Watch flags
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.