Nephi Western Employees vs Lu 354 I B E W
Comparing a Credit Union in Nephi, UT with a Credit Union in Salt Lake City, UT using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Nephi Western Employees ↗ Credit Union · Nephi, UT · Est. 1950 | Lu 354 I B E W ↗ Credit Union · Salt Lake City, UT · Est. 1954 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Credit Union | Credit Union |
| Location | Nephi, UT | Salt Lake City, UT |
| Total assets | $46.1M | $39.9M |
| Net worth ratio | 34.3% | 16.5% |
| Return on assets | 1.4% | 1.3% |
| Shares & deposits | — | — |
| Members | 2,916 | 2,640 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #1 of 52 | #3 of 52 |
| Established | 1950 | 1954 |
Nephi Western Employees
- Assets: $46.1M
- Members: 2,916
- Capital ratio: 34.3%
- Return on assets: 1.4%
- CFPB complaints: 0
- State rank: #1 of 52
Lu 354 I B E W
- Assets: $39.9M
- Members: 2,640
- Capital ratio: 16.5%
- Return on assets: 1.3%
- CFPB complaints: 0
- State rank: #3 of 52
Are both institutions federally insured?
Yes. Nephi Western Employees is NCUA-insured and Lu 354 I B E W is NCUA-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Nephi Western Employees or Lu 354 I B E W?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Nephi Western Employees scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Nephi Western Employees safe?
Yes — Nephi Western Employees is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Lu 354 I B E W safe?
Yes — Lu 354 I B E W is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Nephi Western Employees vs Lu 354 I B E W?
Nephi Western Employees has a net worth ratio of 34.3%, placing it in the top 4% of <$100M peers. Lu 354 I B E W's ratio is 16.5%, placing it in the top 36% of <$100M peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Nephi Western Employees have compared to Lu 354 I B E W?
The CFPB database shows 0 complaints against Nephi Western Employees, and 0 complaints against Lu 354 I B E W. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Nephi Western Employees with other Credit Unions in Utah
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
