Wasatch Peaks Credit Union is headquartered in Ogden and is the 11th largest credit union in the state of Utah. It is also the 661st largest credit union in the nation. It was established in 1930 and as of September of 2022, it had grown to 109 employees and 36,511 members at 7 locations. Wasatch Peaks Credit Union's money market rates are 7X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Wasatch Peaks Credit Union is open to those who live, work, worship, attend school, or volunteer in the Utah counties of Davis, Morgan, or Weber. Immediate family members of an existing member also qualify for membership.
See current membership details
Disappointing And Archaic
Terrible service. No employee seems to know what they're doing; they'll each tell you something different and often times it's false information. Their online portal is very poorly built. Their payment options are awful. Do yourself a favor and avoid this institution.
Former Alliance Member...
It is frustrating to me that since the merge of my credit union with Wasatch Peaks, the service and technology has taken a step backward. There is no way to see pending transactions. I can't even call a branch and find out if a direct deposit will be made within the next 24 hours. I worked in a credit union in 1995 and I could get that information for my members. Was it just lazy service or can they honestly, with all the advancements in the last twenty years, not access that information. I have made it a top priority to close my account with this credit union. As soon as I get my direct deposit changed I will no longer be using this credit union.
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24780 |
| Year Chartered | 1930 |
| Employees | 109 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.83% |
| Return on Equity - YTD | 8.7% |
| Annual Interest Income | $12.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $584.8MM$465.4MM |
| Loans | Q3 2022vs Q3 2021 | $494.3MM$378.0MM |
| Deposits | Q3 2022vs Q3 2021 | $470.6MM$414.5MM |
| Equity Capital | Q3 2022vs Q3 2021 | $53.0MM$48.2MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $2.1MM$2.0MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $704.00K$260.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |