Credit Unions Near Me
National Credit Union Service Organization

ASCENT FEDERAL CREDIT UNION

Dec, 31, 2023 — ASCENT FEDERAL CREDIT UNION is a federal credit union headquartered in OGDEN, UT with 4 branch locations and about $165.77 million in total assets. Opened 67 years ago in 1957, ASCENT FEDERAL CREDIT UNION has about 9,063 members and employs 49 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: 324377710
Name:ASCENT FEDERAL CREDIT UNION
Address:
(Main Office)
4140 HARRISON BLVD
OGDEN, UT 84403
Phone:(801) 399-9728
Fax:(801) 866-1051
Website:https://www.ascentcu.com
Branches:4 branch locations
Members:9,063
Credit Union Type:Federal Credit Union
Charter Number:11520
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1957
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$165,772,821
CEO/Manager:Brock R Mortensen
Chairperson:Roger Smout

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 7,987,111
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 95,128,687
 Unsecured Loans 6,417,678
 Other Loans 38,211,808
 TOTAL LOANS 139,758,173
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -822,424
 Land And Building 3,598,540
 Other Fixed Assets 327,527
 NCUSIF Deposit 1,379,078
 All Other Assets 42,005
  TOTAL ASSETS 165,772,821
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 2,500,000
 Accounts Payable & Other Liabilities 1,611,260
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 25,827,802
 Regular shares 41,323,075
 All Other Shares & Deposits 79,147,767
  TOTAL SHARES & DEPOSITS 146,298,643
  TOTAL LIABILITIES 150,409,903
 Regular Reserve 0
 Other Reserves 1,677,110
 Undivided Earnings 13,685,808
  TOTAL EQUITY 15,362,918
  TOTAL LIABILITIES, SHARES, & EQUITY 165,772,821
INCOME & EXPENSE  
 Loan Income 6,768,271
 Investment Income 283,104
 Other Income 679,978
 Total Employee Compensation & Benefits 3,272,833
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,841,384
 Non-operating Income & (Expense) 30,538
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 188,589
 Cost of Funds 2,165,917
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 381,975
↑ Back to Top

Other Credit Unions

FLEXPAK FEDERAL CREDIT UNION
1654 W 1250 S
WOODS CROSS, UT 84087
HOLLYFRONTIER EMPLOYEE'S CREDIT UNION
876 W Heritage Point Ln
WEST BOUNTIFUL, UT 84087-1970
EDUCATION 1ST CREDIT UNION
1250 Country Hills Dr
OGDEN, UT 84403-2560
DEVILS SLIDE FEDERAL CREDIT UNION
243 E 125 N
MORGAN, UT 84050
UTAH FEDERAL CREDIT UNION
564 E 300 S
SALT LAKE CITY, UT 84102
LU 354 I B E W FEDERAL CREDIT UNION
3405 W 1987 S
SALT LAKE CITY, UT 84104-4942
HORIZON UTAH FEDERAL CREDIT UNION
225 S 200 W
FARMINGTON, UT 84025
ELEVATE FEDERAL CREDIT UNION
1023 Medical Dr
BRIGHAM CITY, UT 84302-3049
MEMBERS FIRST CREDIT UNION
120 E 1000 S
BRIGHAM CITY, UT 84302-4357
WASATCH PEAKS FEDERAL CREDIT UNION
4723 Harrison Blvd
OGDEN, UT 84403-4304