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
NCUA 5300 Call Report Masthead
#708 of 4,374 health · 2025Q4Deseret First · health 93/100 · $1.24B · 2025Q4
- DELQ 93/100
- ROA 8.5%
- ASSETS 0.76%
- MEM 0.70%
- RANK $1.24B
- PHOTO 86,458
- BOOK #708/4,374
- CHARTER Five Star
- NCUSIF 24708
Deseret First in the assets neighbourhood
Deseret First's $1.24B assets sit next to Five Star ($1.24B) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
Deseret First vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
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 - Share Insurance Coverage
The 2025Q4 NCUA Call Report puts charter #24708 at the supervisory bracket and risk-based capital level shown below. NCUSIF protection is covered in our deposit-insurance coverage note.
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%).
Peer averages are NCUA 5300 means for the Over $500M cohort (749 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
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).
In-state ordinals use the live credit_unions table for UT only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
How Deseret First's 5300 filing moved
Deseret First: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +2.0% from $1.24B (2025Q4) to $1.26B (2026Q1).
- Net-worth ratio shifted +0.11 pp (8.40% → 8.51%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
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
Each segment is a pillar's weighted contribution to the composite; widths sum to 93.
- 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 |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
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
Cross-state asset and health neighbours for Deseret First - kept outside Utah; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($1.24B here).
Similar health score
Nearest other-state credit unions by five-factor health composite (93/100 here).
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
- Rates and health both vary by institution, not just by state -- see how Utah credit unions compare overall before assuming this one is typical. Utah state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is Deseret First financially healthy?
Yes/no aside, the number is 93/100 (Excellent) - Deseret First's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #708 of 4,374; by total assets it ranks #396 of 4,374 nationally (same basis as /rankings/largest); and #7 of 53 within Utah. Above 80 reads excellent, below 50 warrants closer monitoring; a 8.51% net worth ratio and 0.76% delinquency rate are the key drivers.
How does Deseret First compare to other credit unions?
PlainCU's health composite puts Deseret First at 93/100, compared to a peer group average for Over $500M credit unions. It's a weighted blend of five NCUA-reported figures: net worth ratio (30% of the score), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
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?
Federal credit unions like Deseret First are 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."
What rates does Deseret First offer compared to banks?
Credit unions like Deseret First are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Deseret First directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.