At Baxter, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. You can trust that your financial well-being is in capable hands. We're proud to share that our
net worth stands at $593,054,340, reflecting our strong financial health. This solid foundation allows us to offer better rates, lower fees, and enhanced services tailored to meet your needs. Additionally, our
net worth ratio of $1,023 further demonstrates our robust capital structure. It ensures that we can continue providing loans and competitive savings options, all while maintaining uninterrupted service even during challenging economic times. Your savings are safe with us. We secure our members' deposits through
$1,375,018,397 in share certificates and
$669,125,557 in money market shares. These options provide stable and rewarding avenues for your financial growth. At Baxter, we prioritize you over traditional banking practices. With non-member deposits totaling
$263,451,299, we focus our resources on delivering better loan rates and exclusive member benefits. Our commitment to growth is evident in our
$555,241,441 in undivided earnings, which we reinvest into innovative banking tools, improved lending options, and enhanced security measures all designed with our members in mind. We support your financial goals through a diverse lending portfolio, including
$42,702 in used auto loans and a total of
$4,885,148,124 across various loans and leases. This breadth of options helps you achieve what matters most to you. Our operational efficiency is highlighted by our current
net income of $0, allowing us to maintain competitive loan rates and reliable financial products tailored for our members' needs. Additionally, we're proud to employ
743 full-time team members along with
9 part-time employees who are dedicated to providing exceptional service whenever you need assistance. Our net shares available for lending and investments amount to
$1,883, contributing to a strong and active lending environment. Furthermore, with a total of
937,378, we boast a growing member base that trusts us with their finances. In conclusion, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Baxter is your trusted partner. Visit us at 12050 S Lone Peak Pkwy Draper Ut 84020 or call (847) 932-8387 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results.
