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WASATCH PEAKS FEDERAL CREDIT UNION

Mar, 31, 2022 — WASATCH PEAKS FEDERAL CREDIT UNION is a federal credit union headquartered in OGDEN, UT with 7 branch locations and about $483.40 million in total assets. Opened 92 years ago in 1930, WASATCH PEAKS FEDERAL CREDIT UNION has about 34,920 members and employs 137 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 324377707
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:http://www.wasatchpeaks.com
Branches:7 branch locations
Members:34,920
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, 2021
FHLB Member:Yes
Low Income Designation:No
Assets:$483,404,720
CEO/Manager:Jeff Shaw
Chairperson:Mark Ramsey

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 31,838,463
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 251,405,281
 Unsecured Loans 12,943,704
 Other Loans 126,797,336
 TOTAL LOANS 391,146,321
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,899,522
 Land And Building 16,857,632
 Other Fixed Assets 2,468,149
 NCUSIF Deposit 3,686,829
 All Other Assets 46,466
  TOTAL ASSETS 483,404,720
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,835,789
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 102,642,830
 Regular shares 165,565,954
 All Other Shares & Deposits 162,942,096
  TOTAL SHARES & DEPOSITS 431,150,880
  TOTAL LIABILITIES 432,986,669
 Regular Reserve 0
 Other Reserves 10,043,704
 Undivided Earnings 40,374,347
  TOTAL EQUITY 50,418,051
  TOTAL LIABILITIES, SHARES, & EQUITY 483,404,720
INCOME & EXPENSE  
 Loan Income 3,643,427
 Investment Income 91,755
 Other Income 720,059
 Total Employee Compensation & Benefits 2,339,460
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 1,892,102
 Non-operating Income & (Expense) -34,238
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 34,417
 Cost of Funds 298,817
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 904,882
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