Sep, 30, 2025 — WASATCH PEAKS FEDERAL CREDIT UNION is a federal credit union headquartered in OGDEN, UT with 6 branch locations and about $637.21 million in total assets. Opened 96 years ago in 1930, WASATCH PEAKS FEDERAL CREDIT UNION has about 31,660 members and employs 116 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | WASATCH PEAKS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 4723 Harrison Blvd OGDEN, UT 84403-4304 |
| Phone: | (801) 627-8700 |
| Fax: | (801) 476-8033 |
| Website: | https://www.wasatchpeaks.com |
| Branches: | 6 branch locations |
| Members: | 31,660 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24780 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1930 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $637,212,560 |
| CEO/Manager: | Jeff Shaw |
| Chairperson: | Mark Ramsey |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 41,925,986 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 400,438,806 |
| Unsecured Loans | 6,937,517 |
| Other Loans | 123,879,923 |
| TOTAL LOANS | 531,256,246 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,777,662 |
| Land And Building | 17,565,983 |
| Other Fixed Assets | 2,769,288 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 4,299,406 |
| All Other Assets | 644,319 |
| TOTAL ASSETS | 637,212,560 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 51,400,000 |
| Accounts Payable & Other Liabilities | 3,101,108 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 78,563,215 |
| Regular shares | 83,504,898 |
| All Other Shares & Deposits | 356,298,860 |
| TOTAL SHARES & DEPOSITS | 518,366,973 |
| TOTAL LIABILITIES | 572,868,081 |
| Regular Reserve | 0 |
| Other Reserves | 10,086,992 |
| Undivided Earnings | 54,257,487 |
| TOTAL EQUITY | 64,344,479 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 637,212,560 |
| INCOME & EXPENSE | |
| Loan Income | 21,038,355 |
| Investment Income | 1,318,378 |
| Other Income | 1,840,647 |
| Total Employee Compensation & Benefits | 7,324,183 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 6,563,181 |
| Non-operating Income & (Expense) | -21,100 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 522,789 |
| Cost of Funds | 10,701,951 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,073,106 |
| ↑ Back to Top | |