At Utah First, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that in today's economic landscape, knowing your financial institution is robust and reliable is crucial. That's why we are proud to share our strong financial position with you. With a
net worth of $100,851,166, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation means you can trust that your savings are safe and your financial needs are met. Our
net worth ratio of $975 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This ratio reflects our commitment to maintaining a healthy balance between our assets and liabilities. Members' savings are secured through
$230,510,924 in share certificates and
$185,292,802 in money market shares, offering stable and rewarding financial growth opportunities. We prioritize the security of your funds while giving you options to grow your investments. Unlike traditional banks, we focus on our members first. With non-member deposits at
$104,001,999, we ensure that our resources are directed toward benefiting you through better loan rates, lower fees, and exclusive perks. Your membership truly makes a difference. With
$100,036,323 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This strategy helps us adapt to changing member needs while ensuring long-term stability. Our commitment to supporting our members' financial goals is evident in our lending capacity. With
$9,492 in used auto loans and
$832,851,087 in total loans and leases, we provide various financing options tailored to your unique needs. Whether it's purchasing a car or funding other important projects, we're here for you. Additionally, our operational efficiency is reflected in our
$0, allowing us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
130 full-time employees and
14 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our total share accounts stand at
79,014, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Utah First is your trusted partner. Visit us at 1155 W Park Lane Farmington Ut 84025 or call (801) 320-2600 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.