Federal credit union · West Valley Cit, Utah · NCUA charter #24708
Deseret First
Health score 93/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 93
- Health / 100
- $1.24B
- Total assets
- 86,458
- Members
- 8.5%
- Net-worth ratio
Deseret First scores 93/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $1.24B; members 86,458; net-worth ratio 8.51%; health rank #708 of 4,374; healthier than 84th of scored peers.
NCUA Call Report stamp band
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Deseret First vs every NCUA-scored credit union
The busiest band is 85-89 (858 credit unions); Deseret First sits in 90-94 with 747 others.
93 Top 16% higher than 84% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
Deseret First: Call Report deltas vs peers
- Largest favorable gap: Loan-to-Share Ratio at 91.25% vs peer 83.90% (+7.35 pp).
- Widest shortfall vs peers is Net Worth Ratio: -2.67 pp (8.51% vs 11.18%).
Deseret First: in-state Call Report ranks
- Health composite ranks #12 of 53 among scored Utah credit unions.
- By total assets, Deseret First is #7 of 53 in Utah.
- Membership ranks #7 of 53 among Utah CUs with a reported count (86,458 members).
- One place up in Utah, GRANITE (#11) ties at 93/100; one place down, Eastern Utah Community (#13) scores 91/100, 2 points lower.
How Deseret First's 5300 filing moved
Deseret First: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +2.0% from $1.24B (2025Q4) to $1.26B (2026Q1).
- Net-worth ratio shifted +0.11 pp (8.40% → 8.51%).
This credit union's 8.51% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 93/100 score is built
Deseret First gives up 7 points in total. Net Worth Ratio costs the most, 3.7 of its 30; Return on Assets and Member Growth score full marks.
- Net Worth Ratio 26.3 pts
- Delinquency Rate 22.4 pts
- Return on Assets 15.0 pts
- Member Growth 15.0 pts
- Loan-to-Share Ratio 14.3 pts
Deseret First health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 8.51% | -2.67 pp |
| Delinquency Rate | 0.76% | -0.12 pp |
| Return on Assets | 0.70% | +0.19 pp |
| Member Growth | 5.82% | - |
| Loan-to-Share Ratio | 91.25% | +7.35 pp |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
Call Report history - Deseret First
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $1.26B | - |
| 2025Q4 | $1.24B | 86,458 |
| 2024Q4 | $1.14B | 81,705 |
| 2023Q4 | $1.06B | 77,086 |
Credit Union Details
- Charter Number
- 24708
- Type
- Federal
- Field of Membership
- Community/Select Employee Group
- Peer Group
- Over $500M
- State
- Utah
- City
- West Valley Cit
- Data Quarter
- 2025Q4
Branch Locations (12)
The NCUA branch filing lists 12 physical offices for Deseret First, spread across 12 cities.
| Office | City |
|---|---|
| Operations Center (Main Office) | West Valley City, UT |
| Bountiful Branch | Bountiful, UT |
| Logan | Logan, UT |
| Murray | Murray, UT |
| Orem | Orem, UT |
| City Creek Center | Salt Lake City, UT |
| Sandy Quarry Bend | Sandy, UT |
| South Jordan | South Jordan, UT |
| Spanish Fork | Spanish Fork, UT |
| St. George | St George, UT |
| Taylorsville | Taylorsville, UT |
| West Point Branch | West Point, UT |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Utah
A look at other Utah credit unions, ranked by how closely their peer group and asset size match this one.
Nationwide credit unions with similar profiles
Similar total assets
Similar health score
Using this data
- Deseret First ranks #708 of 4,374 nationally on financial health and #12 of 53 in UT -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Utah First is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Utah First
Frequently Asked Questions
Is Deseret First financially healthy?
On its 2025Q4 NCUA 5300 filing, Deseret First scores 93/100 (Excellent), with a 8.51% net worth ratio and 0.76% of loans delinquent. It ranks #708 of 4,374 nationally on health and #12 of 53 in Utah.
How does Deseret First compare to other credit unions?
Deseret First scores 93/100, higher than 84% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is loan-to-share ratio (91.25% vs 83.90%). Its widest shortfall is net worth ratio (8.51% vs 11.18%).
How can I join Deseret First?
Deseret First operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact Deseret First directly for the exact boundaries and application steps.
Is my money safe at Deseret First?
Deseret First is a federal credit union; its shares are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Deseret First's net worth ratio of 8.51% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.