Hercules First
Hercules First is a credit union based in Salt Lake City, Utah, established in 1973, with $164 million in total assets serving 8,725 members. By Trust Grade it ranks 41st of 52 credit unions we track in Utah. Its net worth ratio of 9.5% trails most similarly sized credit unions (22th percentile), versus a Utah median of 12.1%. It was profitable over the most recent period, with a 0.49% return on assets. No consumer complaints against Hercules First appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Hercules First compares to Utah peers
How we graded Hercules First
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.5% capital ratio)
- Profitable (ROA 0.49%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Hercules First over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Hercules First insured?
Yes. Hercules First is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Hercules First: frequently asked questions
Is Hercules First a good credit union?
Hercules First earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Well-capitalized (9.5% capital ratio); Profitable (ROA 0.49%).
Is Hercules First NCUA-insured?
Yes. Hercules First is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Hercules First?
Hercules First holds $164 million in total assets, ranking 41st of 52 credit unions we track in Utah. It serves 8,725 members.
Does Hercules First have CFPB complaints?
No CFPB complaints against Hercules First appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
