Sep, 30, 2025 — DESERTVIEW FEDERAL CREDIT UNION is a federal credit union headquartered in HUNTINGTON, UT with 2 branch locations and about $44.16 million in total assets. Opened 66 years ago in 1960, DESERTVIEW FEDERAL CREDIT UNION has about 3,553 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DESERTVIEW FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 196 North Main HUNTINGTON, UT 84528 |
| Phone: | (435) 687-2472 |
| Fax: | (435) 687-9364 |
| Website: | https://www.dview.org |
| Branches: | 2 branch locations |
| Members: | 3,553 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 13790 |
|---|---|
| Membership Type: | Community - Rural District |
| Corporate Credit Union: | No |
| Year Opened: | 1960 |
| Last Audited: | Oct 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $44,163,250 |
| CEO/Manager: | Michael H Nelson |
| Chairperson: | Christopher g Justice |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 2,840,162 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 6,056,043 |
| Unsecured Loans | 927,905 |
| Other Loans | 14,473,261 |
| TOTAL LOANS | 21,457,209 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,260,821 |
| Land And Building | 66,575 |
| Other Fixed Assets | 65,198 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 351,112 |
| All Other Assets | 0 |
| TOTAL ASSETS | 44,163,250 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 50,720 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,787,277 |
| Regular shares | 8,606,577 |
| All Other Shares & Deposits | 22,556,829 |
| TOTAL SHARES & DEPOSITS | 37,950,682 |
| TOTAL LIABILITIES | 38,001,402 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 6,161,848 |
| TOTAL EQUITY | 6,161,848 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 44,163,250 |
| INCOME & EXPENSE | |
| Loan Income | 1,045,689 |
| Investment Income | 696,484 |
| Other Income | 156,371 |
| Total Employee Compensation & Benefits | 592,076 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 584,781 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,300 |
| Cost of Funds | 495,263 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 421,473 |
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