Sep, 30, 2025 — ALPINE CREDIT UNION is a federally insured state chartered credit union headquartered in OREM, UT with 5 branch locations and about $349.58 million in total assets. Opened 71 years ago in 1955, ALPINE CREDIT UNION has about 20,117 members and employs 65 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ALPINE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1510 N STATE ST OREM, UT 84057-2548 |
| Phone: | (801) 225-0256 |
| Fax: | (801) 224-2586 |
| Website: | https://www.alpinecu.com |
| Branches: | 5 branch locations |
| Members: | 20,117 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64332 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $349,584,837 |
| CEO/Manager: | Paul Atkinson |
| Chairperson: | Rachelle Spencer |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 11,831,959 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 113,732,947 |
| Unsecured Loans | 10,510,297 |
| Other Loans | 125,467,088 |
| TOTAL LOANS | 249,710,332 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,232,765 |
| Land And Building | 10,947,191 |
| Other Fixed Assets | 1,350,391 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,718,530 |
| All Other Assets | 48,410 |
| TOTAL ASSETS | 349,584,837 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,027,772 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,556,995 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 54,049,064 |
| Regular shares | 91,140,528 |
| All Other Shares & Deposits | 166,982,237 |
| TOTAL SHARES & DEPOSITS | 312,171,830 |
| TOTAL LIABILITIES | 314,756,597 |
| Regular Reserve | 0 |
| Other Reserves | -488,465 |
| Undivided Earnings | 35,316,705 |
| TOTAL EQUITY | 34,828,240 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 349,584,837 |
| INCOME & EXPENSE | |
| Loan Income | 11,059,988 |
| Investment Income | 1,155,522 |
| Other Income | 721,552 |
| Total Employee Compensation & Benefits | 3,450,425 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,767,945 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 660,000 |
| Cost of Funds | 4,239,215 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,132,815 |
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