TRANSWEST CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.transwestcu.com for more information.
Sep, 30, 2025 — TRANSWEST CREDIT UNION is a federally insured state chartered credit union headquartered in SALT LAKE CITY, UT with 5 branch locations and about $185.45 million in total assets. Opened 41 years ago in 1985, TRANSWEST CREDIT UNION has about 14,903 members and employs 35 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | TRANSWEST CREDIT UNION |
|---|---|
| Address: (Main Office) | 37 W 1700 S SALT LAKE CITY, UT 84115 |
| Phone: | (801) 487-1692 |
| Fax: | (801) 486-9743 |
| Website: | https://www.transwestcu.com |
| Branches: | 5 branch locations |
| Members: | 14,903 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 66705 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1985 |
| Last Audited: | Sep 01, 2021 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $185,448,716 |
| CEO/Manager: | Steven Pratt |
| Chairperson: | Roger Beynon |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,577,951 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 160,957 |
| Real Estate Loans | 78,180,014 |
| Unsecured Loans | 7,117,649 |
| Other Loans | 62,543,861 |
| TOTAL LOANS | 147,841,524 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -282,695 |
| Land And Building | 2,906,349 |
| Other Fixed Assets | 470,786 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,600,362 |
| All Other Assets | 0 |
| TOTAL ASSETS | 185,448,716 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,186,899 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 28,663,714 |
| Regular shares | 58,063,787 |
| All Other Shares & Deposits | 81,241,882 |
| TOTAL SHARES & DEPOSITS | 167,969,383 |
| TOTAL LIABILITIES | 169,156,282 |
| Regular Reserve | 0 |
| Other Reserves | 5,326,649 |
| Undivided Earnings | 10,965,785 |
| TOTAL EQUITY | 16,292,434 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 185,448,716 |
| INCOME & EXPENSE | |
| Loan Income | 3,973,413 |
| Investment Income | 421,009 |
| Other Income | 663,287 |
| Total Employee Compensation & Benefits | 2,043,373 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,083,272 |
| Non-operating Income & (Expense) | 79,033 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 77,000 |
| Cost of Funds | 544,018 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 820,282 |
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