Deseret First
Deseret First is a credit union based in West Valley Cit, Utah, established in 1955, with $1.3 billion in total assets serving 87,493 members. By Trust Grade it ranks 40th of 52 credit unions we track in Utah. Its net worth ratio of 8.5% trails most similarly sized credit unions (7th percentile), versus a Utah median of 12.1%. It was profitable over the most recent period, with a 0.95% return on assets. No consumer complaints against Deseret First appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Deseret First compares to Utah peers
How we graded Deseret First
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.5% capital ratio)
- Profitable (ROA 0.95%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Deseret First over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Deseret First insured?
Yes. Deseret 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.
Deseret First: frequently asked questions
Is Deseret First a good credit union?
Deseret 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 (8.5% capital ratio); Profitable (ROA 0.95%).
Is Deseret First NCUA-insured?
Yes. Deseret 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 Deseret First?
Deseret First holds $1.3 billion in total assets, ranking 40th of 52 credit unions we track in Utah. It serves 87,493 members.
Does Deseret First have CFPB complaints?
No CFPB complaints against Deseret 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.
