Overview / Commentary
Jordan Credit Union is headquartered in South Jordan and is the 12th largest credit union in the state of Utah. It is also the 841st largest credit union in the nation. It was established in 1950 and as of March of 2022, it had grown to 75 employees and 25,291 members at 7 locations. Jordan Credit Union has an A health rating.
Field of Membership Restrictions
Jordan Credit Union is open to those who live, work, worship, go to school, or volunteer in Salt Lake County. Membership is also open to employees of Jordan School District, Utah Education Association, Canyons School District, Educators Mutual Insurance, Treehouse Athletic Club, United Cerebral Palsy of Utah, Salsa Leedos Mexican Grill, Midvale City, or The Valley Journals Inc.
See current membership details
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Health
A
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24698 |
| Year Chartered | 1950 |
| Employees | 75 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.25% |
| Return on Equity - YTD | 3.53% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $393.9MM$365.5MM |
| Loans | Q1 2022vs Q1 2021 | $177.0MM$190.0MM |
| Deposits | Q1 2022vs Q1 2021 | $364.8MM$335.7MM |
| Equity Capital | Q1 2022vs Q1 2021 | $27.1MM$27.5MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $274.00K$475.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $605.00K$546.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |