University Federal Credit Union (UT)

Overview / Commentary
3450 S Highland Dr
Salt Lake City, UT 84106-3375

University Federal Credit Union (UT) is headquartered in Salt Lake City and is the 5th largest credit union in the state of Utah. It is also the 287th largest credit union in the nation. It was established in 1956 and as of June of 2019, it had grown to 336 employees and 96,464 members at 17 locations. University Federal Credit Union (UT)'s money market rates are 2X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in University First Federal Credit Union is open to those who live, work, attend school, worship, or volunteer in Salt Lake County, Utah, and their family members.
See current membership details

Related Posts

University Federal Credit Union (UT) Offers 48-Month CD, 3.30% APY - 4/11/2019

University Federal Credit Union (UT) is currently offering a 48-month CD (3.30% APY) and 60-month CD (3.51% APY). Minimum deposit is $500. Also as IRAs.

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Reviews (2)

Excellent savings rate

Posted by: Bridguesp | Dec 15, 2017

I am happy with my savings rate at the University of Utah Credit Union. It is higher than I can get at any bank in town. I do not get interest on my checking, but that is because I selected their most basic checking plan. What is very important to me is that each time I go into my local branch, the young folks working at the counter are courteous, respectful, and accurate. My only suggestion would be that the website needs to be modernized a little so it is easier to read. However, once when I did not understand something on the website, I simply called my local branch manager and she guided me carefully through the process while I was on the website at my home. I am a senior citizen and this type of kind help is very important to me. Overall, I recommend this credit union to those looking for good interest on savings along with fair and balanced treatment.

Get Treated Like Royalty

Posted by: GreatGram | Mar 11, 2016

I joined the University Credit Union a couple of years ago because I wanted to be a brick and mortar deposit institution near my home. It is the first time I've ever belonged to a credit union. I could not be more pleased. The branch manager sat down with me and talked about the benefits of belonging to a credit union. She answered all of my questions and provided me with literature to take home and study. I signed up a few days later for checking and savings. They give some free checks to start with and then you buy a package of checks at a modest price. I like the savings aspect because I earn a reasonable interest if I keep a basic amount in the savings part of my account. The best part of belonging to this institution is the close, polite customer service given by the manager. She remembers my name and when I had a few questions early on, she responded immediately to my email inquiries. The only thing I would suggest for improvement is to ask that they consider making their on-line parameters a little easier to handle. The page instructions are somewhat complicated. But then again, perhaps I need to clean my glasses. All in all, I recommend the University Credit Union highly.


Health Grade Components

NCUA #24710
Year Chartered1956
Primary Regulator
Profit Margin
Return on Assets - YTD0.93%
Return on Equity - YTD8.64%
Annual Interest Income$24.2MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$1.12B$1.01B
LoansQ2 2019vs Q2 2018$916.7MM$862.5MM
DepositsQ2 2019vs Q2 2018$993.4MM$891.3MM
Equity CapitalQ2 2019vs Q2 2018$120.4MM$107.4MM
Loan Loss AllowanceQ2 2019vs Q2 2018$7.5MM$6.9MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$6.0MM$3.1MM
Real Estate OwnedQ2 2019vs Q2 2018$794.00K$800.00K
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Always verify rates and promotions with the bank or credit union. We are not University Federal Credit Union (UT); 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.

University Federal Credit Union (UT) Savings Account Rates

0.90%*$500k*-IRA Accumulator
OTHER TIERS: 0.20% Up to $5k | 0.30% $5k - $10k | 0.40% $10k - $20k | 0.55% $20k - $50k | 0.70% $50k - $100k | 0.80% $100k - $150k | 0.85% $150k - $500k
0.15%*$1k*-Primary Savings
OTHER TIERS: 0.10% Up to $1k
0.15%*$1k*-Secondary Savings
OTHER TIERS: 0.10% Up to $1k
0.15%*$1k*-Christmas Club Savings
OTHER TIERS: 0.10% Up to $1k

University Federal Credit Union (UT) Money Market Rates

1.00%*$500k*-High Yield Money Market
OTHER TIERS: 0.60% $25k - $50k | 0.70% $50k - $100k | 0.80% $100k - $250k | 0.95% $250k - $500k
0.85%*$500k*-Money Market Account
OTHER TIERS: 0.15% Up to $5k | 0.25% $5k - $10k | 0.35% $10k - $20k | 0.50% $20k - $50k | 0.65% $50k - $100k | 0.75% $100k - $150k | 0.80% $150k - $500k
0.25%*$100k*-Business Money Market Checking
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $50k | 0.20% $50k - $100k

University Federal Credit Union (UT) Checking Account Rates

0.60%*$100k*-Crimson Checking
OTHER TIERS: 0.10% Up to $5k | 0.15% $5k - $10k | 0.20% $10k - $20k | 0.35% $20k - $50k | 0.45% $50k - $100k

University Federal Credit Union (UT) CD Rates

2.50%$500-60 Month CD
2.45%$10-60 Month U Save Certificate
2.40%$500-48 Month CD
2.40%$500-60 Month One-Time Bump Certificate
2.36%$10-48 Month U Save Certificate
2.30%$500-36 Month CD
2.29%$500-48 Month One-Time Bump Certificate
2.25%$500-30 Month CD
2.25%$10-36 Month U Save Certificate
2.20%$10-30 - 35 Month U Save Certificate
2.20%$500-36 Month One-Time Bump Certificate
2.15%$500-24 Month CD
2.15%$500-30 Month One-Time Bump Certificate
2.10%$10-24 - 29 Month U Save Certificate
2.05%$500-18 Month CD
2.05%$500-24 Month One-Time Bump Certificate
2.00%$10-18 - 23 Month U Save Certificate
1.95%$500-12 Month CD
1.95%$500-18 Month One-Time Bump Certificate
1.90%$10-12 - 17 Month U Save Certificate
1.85%$500-12 Month Access Certificate
1.85%$500-12 Month One-Time Bump Certificate
1.80%$500-6 Month CD
1.75%$10-6 - 11 Month U Save Certificate
1.70%$500-6 Month One-Time Bump Certificate
1.25%$10-3 - 5 Month U Save Certificate

University Federal Credit Union (UT) IRA Rates

2.50%$500-60 Month IRA
2.40%$500-48 Month IRA
2.40%$500-60 Month IRA One-Time Bump Certificate
2.30%$500-36 Month IRA
2.29%$500-48 Month IRA One-Time Bump Certificate
2.25%$500-30 Month IRA
2.20%$500-36 Month IRA One-Time Bump Certificate
2.15%$500-24 Month IRA
2.15%$500-30 Month IRA One-Time Bump Certificate
2.05%$500-18 Month IRA
2.05%$500-24 Month IRA One-Time Bump Certificate
1.95%$500-12 Month IRA
1.95%$500-18 Month IRA One-Time Bump Certificate
1.85%$500-12 Month IRA One-Time Bump Certificate
1.80%$500-6 Month IRA
1.70%$500-6 Month IRA One-Time Bump Certificate


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