Transwest Credit Union is headquartered in Salt Lake City and is the 18th largest credit union in the state of Utah. It is also the 1,318th largest credit union in the nation. It was established in 1985 and as of June of 2023, it had grown to 34 employees and 15,211 members at 5 locations. Transwest Credit Union's CD rates are 6X the national average, and it has a B+ health rating.
Membership in TransWest Credit Union is open to residents of Salt Lake County, Utah. Employees of Union Pacific Railroad, Kennecott Copper Corporations, US Magnesium Corporation, or Preston Auto are also eligible to join. Immediate family members of a current TransWest Credit Union member also qualify.
See current membership details
Overall | |
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NCUA # | 66705 |
Year Chartered | 1985 |
Employees | 34 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.43% |
Return on Equity - YTD | 4.71% |
Annual Interest Income | $3.7MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $182.6MM$186.3MM |
Loans | Q2 2023vs Q2 2022 | $145.5MM$138.1MM |
Deposits | Q2 2023vs Q2 2022 | $164.5MM$168.7MM |
Equity Capital | Q2 2023vs Q2 2022 | $16.9MM$16.5MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$286.00K |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $406.00K$428.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Transwest Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* 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 | |
---|---|---|---|---|---|
2.00%* | $100k* | - | Money Market Account (High Yield Account) | ||
OTHER TIERS: 1.00% → $1k - $5k | 1.25% → $5k - $20k | 1.75% → $20k - $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 |