Goldenwest Credit Union

P O Box 1111
Ogden, UT 84402
800 283-4550
www.gwcu.org

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Goldenwest Credit Union is headquartered in OGDEN and is the 3^rd largest credit union in the state of Utah. It is also the 248^th largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 260 employees and 83,751 members. Goldenwest Credit Union has a 5-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Goldenwest Credit Union Checking Account Rates

Apy	Min	Max	Product
0.10%	$500	-	Free Checking
0.10%	$500	-	G Account Checking
0.10%	-	-	Basic Business Checking
0.10%	-	-	Small Business Checking
0.10%	-	-	Corporate Checking

Goldenwest Credit Union Savings Account Rates

Apy	Min	Max	Product
0.15%	$25	-	Primary Share
0.15%	$25	-	Secondary Share
0.15%	$25	-	Christmas Club
0.15%	$25	-	Health Savings Account

Goldenwest Credit Union Money Market Rates

	Apy	Min	Max	Product
	0.40%	$200k	-	Insured Money Market Account

Goldenwest Credit Union CD Rates

Apy	Min	Max	Product
1.74%	$500	-	60 Month CD
1.15%	$500	-	48 Month CD
0.90%	$500	-	36 Month CD
0.70%	$500	-	30 Month CD
0.50%	$500	-	18 Month CD
0.50%	$500	-	24 Month CD
0.45%	$500	-	12 Month CD
0.35%	$500	-	9 Month CD
0.35%	$50	-	12 Month Flex CD
0.25%	$500	-	6 Month CD
0.20%	$500	-	3 Month CD
0.20%	$5k	-	1 Month CD
0.07%	$50	-	18 Month Variable CD

Goldenwest Credit Union IRA Rates

Apy	Min	Max	Product
1.74%	$500	-	60 Month IRA Certificate
1.74%	$500	-	60 Month Roth IRA Certificate
1.74%	$500	-	60 Month CESA Certificate
1.15%	$500	-	48 Month IRA Certificate
1.15%	$500	-	48 Month Roth IRA Certificate
1.15%	$500	-	48 Month CESA Certificate
0.90%	$500	-	36 Month IRA Certificate
0.90%	$500	-	36 Month Roth IRA Certificate
0.90%	$500	-	36 Month CESA Certificate
0.70%	$500	-	30 Month IRA Certificate
0.70%	$500	-	30 Month Roth IRA Certificate
0.70%	$500	-	30 Month CESA Certificate
0.50%	$500	-	18 Month IRA Certificate
0.50%	$500	-	24 Month IRA Certificate
0.50%	$500	-	18 Month Roth IRA Certificate
0.50%	$500	-	24 Month Roth IRA Certificate
0.50%	$500	-	18 Month CESA Certificate
0.50%	$500	-	24 Month CESA Certificate
0.45%	$500	-	12 Month IRA Certificate
0.45%	$500	-	12 Month Roth IRA Certificate
0.45%	$500	-	12 Month CESA Certificate
0.35%	$500	-	9 Month IRA Certificate
0.35%	$500	-	9 Month Roth IRA Certificate
0.35%	$500	-	9 Month CESA Certificate
0.25%	$500	-	6 Month IRA Certificate
0.25%	$500	-	6 Month Roth IRA Certificate
0.25%	$500	-	6 Month CESA Certificate
0.20%	$500	-	3 Month IRA Certificate
0.20%	$5k	-	1 Month IRA Certificate
0.20%	$5k	-	1 Month Roth IRA Certificate
0.20%	$500	-	3 Month Roth IRA Certificate
0.20%	$5k	-	1 Month CESA Certificate
0.20%	$500	-	3 Month CESA Certificate
0.07%	$50	-	18 Month Variable IRA Certificate
0.07%	$50	-	18 Month Variable Roth IRA Certificate
0.07%	$50	-	18 Month Variable CESA Certificate

Rates updated: 5/25/2012

Data for Q4 2011

Institution Statistics

GOLDENWEST
NCUA #	24693
BankRate Report	View
Year Chartered	1936
Employees	260
Primary Regulator
Assets and Liabilities
Assets	$779.42 million
Loans	$442.25 million
Deposits	$684.18 million
Equity Capital	$85.96 million
Loan Loss Allowance	$12.89 million
Unbacked Noncurrent Loans	$2.99 million
Real Estate Owned	$2.52 million
Historic Data - December 2010
Assets	$766.17 million
Equity Capital	$79.93 million
Loan Loss Allowance	$13.36 million
Unbacked Noncurrent Loans	$13.32 million
Real Estate Owned	$1.97 million
Profit Margin - Quarterly
Net Interest Margin	4.56%
Return on Assets	0.8%
Return on Equity	7.26%
Interest Income	$27.44 million
Non-Interest Income	$15.35 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Goldenwest Credit Union had $5.5 million in non-current loans and owned real-estate with $98.85 million in equity and loan loss allowances on hand to cover it. This gives Goldenwest Credit Union a Texas Ratio of 5.57% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Goldenwest Credit Union decreased significantly from 16.39% as of December 31, 2010 to 5.57% as of December 31, 2011, resulting in a positive change of 66.04%.This indicates that the balance sheet and financial strength for Goldenwest Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Goldenwest Credit Union has increased its total deposits by $6.28 million, resulting in 0.93% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Goldenwest Credit Union has shown is average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Goldenwest Credit Union has $779.42 million in assets with $98.85 million in equity, resulting in a capitalization level of 12.68%, which is excellent.

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