Utah Power Credit Union is headquartered in Salt Lake City and is the 8th largest credit union in the state of Utah. It is also the 467th largest credit union in the nation. It was established in 1935 and as of December of 2022, it had grown to 50 employees and 28,939 members at 8 locations. Utah Power Credit Union's CD rates are 7X the national average, and it has a B+ health rating.
Field of Membership Restrictions
You are eligible for membership to Utah Power Credit Union if you are an employee or retiree of Blue Mountain Energy, Bridger Valley Electric, Deseret Power, Dixie Power, Flowell Electric, Garkane Electric, Intermountain Consumer Power Association, Intermountain Power Agency, Moon Lake Electric, Mount Wheeler Power, PacifiCorp, Union Pacific Railroad (living and/or working in Carbon or Emery County), Southern Pacific Railroad, Utah Associated Municipal Power Systems, Utah Railway Company, Utah Rural Electric Association or WECC. Family of all Credit Union members are also eligible.
See current membership details
Best Credit Union On The Planet!
This is a special place. Great rates, service and people. These people haven't forgotten what a real credit union should be like.
Horrible Service
Great place if you like being jerked around or never called back. Treated me like i was trash with no right to be there. I for one will never do business here again.
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67132 |
| Year Chartered | 1935 |
| Employees | 50 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 9.54% |
| Annual Interest Income | $22.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $898.2MM$951.8MM |
| Loans | Q4 2022vs Q4 2021 | $411.3MM$371.2MM |
| Deposits | Q4 2022vs Q4 2021 | $812.4MM$832.5MM |
| Equity Capital | Q4 2022vs Q4 2021 | $82.3MM$116.3MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $491.00K$355.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $316.00K$408.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |