Sep, 30, 2025 — JORDAN FEDERAL CREDIT UNION is a federal credit union headquartered in SOUTH JORDAN, UT with 6 branch locations and about $405.41 million in total assets. Opened 76 years ago in 1950, JORDAN FEDERAL CREDIT UNION has about 25,793 members and employs 92 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | JORDAN FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1750 West 11400 South #200 SOUTH JORDAN, UT 84095 |
| Phone: | (801) 566-4195 |
| Fax: | (801) 253-3223 |
| Website: | https://www.jordan-cu.org |
| Branches: | 6 branch locations |
| Members: | 25,793 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24698 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $405,410,388 |
| CEO/Manager: | Lindsey Merritt |
| Chairperson: | Christopher Finley |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 34,046,013 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 137,457,722 |
| Unsecured Loans | 15,607,594 |
| Other Loans | 73,931,170 |
| TOTAL LOANS | 226,996,486 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,752,323 |
| Land And Building | 13,470,808 |
| Other Fixed Assets | 966,736 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 3,114,200 |
| All Other Assets | 610,700 |
| TOTAL ASSETS | 405,410,388 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 167,285 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,564,170 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 76,554,054 |
| Regular shares | 103,076,156 |
| All Other Shares & Deposits | 189,460,999 |
| TOTAL SHARES & DEPOSITS | 369,091,209 |
| TOTAL LIABILITIES | 371,822,664 |
| Regular Reserve | 0 |
| Other Reserves | -3,526,259 |
| Undivided Earnings | 37,113,983 |
| TOTAL EQUITY | 33,587,724 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 405,410,388 |
| INCOME & EXPENSE | |
| Loan Income | 9,920,608 |
| Investment Income | 3,317,786 |
| Other Income | 1,062,886 |
| Total Employee Compensation & Benefits | 6,342,515 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,028,934 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 655,027 |
| Cost of Funds | 4,639,922 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,033,480 |
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