Transwest Credit Union is headquartered in Salt Lake City and is the 15th largest credit union in the state of Utah. It is also the 1,286th largest credit union in the nation. It was established in 1985 and as of September of 2020, it had grown to 39 employees and 13,490 members at 5 locations. Transwest Credit Union's savings rates are 3X the national average, and it has an A health rating.
Membership in TransWest Credit Union is open to residents of Salt Lake County, Utah. Membership is also open to employees of Union Pacific Railroad, Kennecott, or Magcorp.
See current membership details
Overall | |
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NCUA # | 66705 |
Year Chartered | 1985 |
Employees | 39 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 9.39% |
Annual Interest Income | $4.6MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $167.6MM$146.7MM |
Loans | Q3 2020vs Q3 2019 | $122.8MM$117.6MM |
Deposits | Q3 2020vs Q3 2019 | $150.1MM$131.0MM |
Equity Capital | Q3 2020vs Q3 2019 | $16.4MM$14.6MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $514.00K$667.00K |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $285.00K$304.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.35%* | $100k* | - | Money Market Account (High Yield Account) | ||
OTHER TIERS: 0.10% → $100 - $5k | 0.15% → $5k - $20k | 0.20% → $20k - $50k | 0.25% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.10%* | $5k* | - | High Yield Checking ("Better than Free" Checking) | ||
OTHER TIERS: 0.05% → $1k - $5k | |||||
0.05% | $2.5k | - | Green Checking |
Transwest Credit Union Locations | ||
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Branch Office | 39 W 2100 S | Salt Lake City, UT 84115 |
Branch Office | 10692 S State St | Sandy, UT 84070-4107 |
Branch Office | 9024 W Magna Main St | Magna, UT 84044 |
Branch Office | 6189 S Redwood Rd | Taylorsville, UT 84123-5332 |
Branch Office | 37 W 1700 S | Salt Lake City, UT 84115 |