Sep, 30, 2025 — UTAH POWER CREDIT UNION is a federally insured state chartered credit union headquartered in MURRAY, UT with 8 branch locations and about $1.04 billion in total assets. Opened 91 years ago in 1935, UTAH POWER CREDIT UNION has about 30,953 members and employs 67 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UTAH POWER CREDIT UNION |
|---|---|
| Address: (Main Office) | 957 E 6600 S MURRAY, UT 84121-2444 |
| Phone: | (801) 708-8900 |
| Fax: | |
| Website: | https://www.utahpowercu.org |
| Branches: | 8 branch locations |
| Members: | 30,953 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67132 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1935 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,040,227,890 |
| CEO/Manager: | Ryan S Pollick |
| Chairperson: | Stephen Hastings |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 17,176,822 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 331,126,728 |
| Unsecured Loans | 17,348,293 |
| Other Loans | 155,520,190 |
| TOTAL LOANS | 503,995,211 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -541,327 |
| Land And Building | 6,085,471 |
| Other Fixed Assets | 1,156,215 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 7,064,579 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,040,227,890 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 528,615 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 2,863,296 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 44,508,053 |
| Regular shares | 363,819,482 |
| All Other Shares & Deposits | 494,188,195 |
| TOTAL SHARES & DEPOSITS | 902,515,731 |
| TOTAL LIABILITIES | 905,907,642 |
| Regular Reserve | 0 |
| Other Reserves | -6,102,297 |
| Undivided Earnings | 140,422,545 |
| TOTAL EQUITY | 134,320,248 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,040,227,890 |
| INCOME & EXPENSE | |
| Loan Income | 19,272,614 |
| Investment Income | 11,167,680 |
| Other Income | 750,260 |
| Total Employee Compensation & Benefits | 4,528,562 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,500,047 |
| Non-operating Income & (Expense) | 9,200 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 463,624 |
| Cost of Funds | 18,063,643 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,453,202 |
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