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Overview / Commentary
3405 W 1987 S
Salt Lake City, UT 84104-4942

Lu 354 I B E W Federal Credit Union is headquartered in Salt Lake City and is the 36th largest credit union in the state of Utah. It is also the 3,221st largest credit union in the nation. It was established in 1954 and as of September of 2016, it had grown to 5 employees and 2,567 members at 3 locations. Lu 354 I B E W Federal Credit Union has a B+ health rating.


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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Lu 354 I B E W Federal Credit Union has a low asset base.

Health Grade Components

NCUA #9398
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD0.82%
Return on Equity - YTD6.2%
Annual Interest Income$629.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$23.9MM$21.7MM
LoansQ3 2016vs Q3 2015$18.3MM$17.4MM
DepositsQ3 2016vs Q3 2015$20.8MM$18.8MM
Equity CapitalQ3 2016vs Q3 2015$3.1MM$2.9MM
Loan Loss AllowanceQ3 2016vs Q3 2015$99.00K$104.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$20.00K$107.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0

Rates for Lu 354 I B E W Federal Credit Union are currently being reviewed.


Lu 354 I B E W Federal Credit Union Locations
Branch Office3405 W 1987 SSalt Lake City, UT 84104-4942
Branch Office8520 S Sandy PkwySandy, UT 84070-6422
Branch Office3400 W 2100 SSalt Lake City, UT 84119