Goldenwest Credit Union is headquartered in Ogden and is the 3rd largest credit union in the state of Utah. It is also the 165th largest credit union in the nation. It was established in 1936 and as of September of 2020, it had grown to 457 employees and 146,936 members at 43 locations. Goldenwest Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership in Goldenwest Credit Union is open to those who live, work, worship, volunteer, or attend school in Weber County, or select parts of Cache, Davis, Salt Lake, Utah and Washington Counties. Membership is also to those who attend school in Box Elder, Davis, Logan, Morgan, North Summit or Washington school districts and employees, students, and alumni of Utah State University and their extensions.
See current membership details
Customer Service Is Second To NONE!
Been a member of GWCU for nearly 16 years with 9 of these years being outside of the USA. Have I ever had a problem with my account while traveling and living abroad...nope! Can I call any time and get my problems solved...yep! I talk to expats all the time about how horrible their bank is; but my CU gets it done every time! Amazing staff, products and services. From remote deposit, online banking, you name it! A+++
Exceptional Service
I've banked at Goldenwest Credit Union for over 13 years and have had a very positive experience. Their rates are extremely competitive and their mortgage department has delivered exceptional service on all three mortgages I've completed with GWCU.
Very Helpful!
I've been a member with Goldenwest for almost two years and I've never had any issues. Their interest rates are very competitive with other credit unions in my area and the customer service is always great! I would definitely recommend GWCU to a friend.
Trash Company.
GWCU is the worst credit union I've ever worked with. Amongst many complaints, they took "inactive fees" EACH MONTH if I didn't use the account. What a JOKE of a company. Closed account and I am NEVER going back. Not to mention they have some of the HIGHEST interest rates. I wish I could give them a 0! When I asked about the fees, they said "sorry you were never informed, but it's already done and there's nothing we can do". What trash.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24693 |
| Year Chartered | 1936 |
| Employees | 457 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.29% |
| Return on Equity - YTD | 9.95% |
| Annual Interest Income | $53.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $2.08B$1.73B |
| Loans | Q3 2020vs Q3 2019 | $1.50B$1.30B |
| Deposits | Q3 2020vs Q3 2019 | $1.75B$1.47B |
| Equity Capital | Q3 2020vs Q3 2019 | $265.7MM$237.0MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $24.4MM$18.3MM |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $2.1MM$2.9MM |
| Real Estate Owned | Q3 2020vs Q3 2019 | $360.00K$462.00K |
