UTAH FIRST

Charter #528 | UT

1B-3B (304 CUs) Mid-Market (380 CUs)
5 1B-3B in UT

UTAH FIRST has 14 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 1.0% in tier
  • + Emerging Performer: Top 1.3% in tier
  • + Organic Growth Leader: Top 3.3% in tier
  • + Relationship Depth Leader: Top 29.4% in tier
  • + Wallet Share Momentum: Top 33.0% in tier
  • + ROA 0.27% above tier average
  • + Net Interest Margin 0.21% above tier average
  • + Strong member growth: 10.1% YoY
  • + Loan-to-Member Ratio (LMR): Top 3.6% in tier
  • + Member Growth Rate: Top 5.3% in tier
  • + Total Delinquency Rate (60+ days): Top 7.2% in tier
  • + Average Member Relationship (AMR): Top 7.6% in tier
  • + First Mortgage Concentration (%): Top 7.9% in tier
  • + Deposit Growth Rate: Top 8.2% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 4.0% in tier
  • - Margin Compression: Bottom 24.4% in tier
  • - Total Members: Bottom 2.3% in tier
  • - Total Deposits: Bottom 6.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Members 44,331
+10.1% YoY+3.0% QoQ
 -54.3K 98,678
-1.9% YoY
 76,315
+6.4% YoY
 33,089
+6.1% YoY
 Bottom 2.0% in tier
Assets $1.1B
+9.8% YoY+4.9% QoQ
 $-584.7M $1.7B
+0.5% YoY
 $1.2B
+10.2% YoY
 $547.7M
+7.8% YoY
 Bottom 15.1% in tier
Loans $918.0M
+10.2% YoY+3.0% QoQ
 $-315.0M $1.2B
+0.5% YoY
 $924.9M
+10.2% YoY
 $388.7M
+8.6% YoY
 29th in tier
Deposits $901.8M
+13.1% YoY+7.7% QoQ
 $-552.5M $1.5B
+1.3% YoY
 $1.1B
+10.6% YoY
 $464.6M
+9.3% YoY
 Bottom 6.6% in tier
ROA 1.0%
-12.5% YoY+2.2% QoQ
 +0.3% 0.7%
+13.4% YoY
 0.9%
+11.6% YoY
 0.7%
+273.4% YoY
 74th in tier
NIM 3.5%
+1.2% YoY+0.6% QoQ
 +0.2% 3.3%
+9.3% YoY
 3.4%
+7.0% YoY
 3.7%
+5.0% YoY
 63rd in tier
Efficiency Ratio 71.7%
+4.9% YoY-0.1% QoQ
 -2.3% 74.0%
-10.9% YoY
 71.6%
-3.7% YoY
 79.1%
-3.3% YoY
 37th in tier
Delinquency Rate 0.2%
-59.1% YoY-24.0% QoQ
 -0.6 0.8%
+6.1% YoY
 0.7%
+11.8% YoY
 1.2%
-0.9% YoY
 Bottom 7.2% in tier
Loan To Share 101.8%
-2.5% YoY-4.4% QoQ
 +16.6% 85.2%
-0.8% YoY
 78.2%
-2.6% YoY
 68.0%
-1.7% YoY
 Top 12.2% in tier
AMR $41,051
+1.4% YoY+2.3% QoQ
 +$12K $29,172
+2.8% YoY
 $21,167
+3.5% YoY
 $19,418
+1.3% YoY
 Top 7.9% in tier
CD Concentration 22.4%
-22.6% YoY-3.3% QoQ
 -6.6% 29.0%
+0.8% YoY
 27.9%
+4.6% YoY
 19.6%
+6.2% YoY
 Bottom 20.3% in tier
Indirect Auto % 5.0%
-26.3% YoY-7.5% QoQ
 -13.8% 18.8%
-2.8% YoY
 7.4%
-10.5% YoY
 7.9%
-2.9% YoY
 Bottom 24.3% in tier

Signature Analysis

Strengths (5)

Organic Growth Engine

growth
#8 of 246 • Top 1.0% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 10.14%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 0.97%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 5.03%
(Tier: 18.80%, National: 7.90%)
better than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank worsening

Emerging Performer

growth
#8 of 184 • Top 1.3% in tier

Profitable credit union with positive returns. May represent growth potential worth exploring.

Why This Signature
Return on Assets: 0.97%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): 10.14%
(Tier: 3.18%, National: 9.37%)
better than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | Rank improving

Organic Growth Leader

growth
#14 of 138 • Top 3.3% in tier

Attracting members without relying on indirect channels. Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 10.14%
(Tier: 3.18%, National: 9.37%)
better than tier avg
138 of 380 Mid-Market CUs have this signature | 608 nationally
↑ Growing +11 CUs YoY | Rank improving

Relationship Depth Leader

growth
#213 of 264 • Top 29.4% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 1.35%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $3.0K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#239 of 264 • Top 33.0% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 1.35%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank worsening

Concerns (2)

Liquidity Strain

risk
#22 of 183 • Bottom 4.0% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 101.80%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 10.23%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank improving

Margin Compression

decline
#21 of 24 • Bottom 24.4% in tier

Strong profitability track record but margins eroding. Something changed - rising costs or falling yields need addressing.

Why This Signature
Return on Assets: 0.97%
(Tier: 0.71%, National: 0.71%)
but better than tier avg
ROA Change (YoY): -0.14% points
(Tier: 0.07% points, National: 0.05% points)
worse than tier avg
Total Assets: $1.13B
(Tier: $1.72B, National: $547.69M)
worse than tier avg
24 of 380 Mid-Market CUs have this signature | 169 nationally
↓ Shrinking -16 CUs YoY | New qualifier

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 304 peers in tier

Top Strengths (10 metrics)

12
Loan-to-Member Ratio (LMR)
engagement
Value: $20,708
Peer Avg: $13,213
#12 of 304 Top 3.6% in 1B-3B tier
17
Member Growth Rate
growth
Value: 10.14%
Peer Avg: 2.20%
#17 of 304 Top 5.3% in 1B-3B tier
23
Total Delinquency Rate (60+ days)
risk
Value: 0.25%
Peer Avg: 0.83%
#23 of 304 Top 7.2% in 1B-3B tier
24
Average Member Relationship (AMR)
engagement
Value: $41,051
Peer Avg: $29,172
#24 of 304 Top 7.6% in 1B-3B tier
25
First Mortgage Concentration (%)
balance_sheet
Value: 16.14%
Peer Avg: 34.01%
#25 of 304 Top 7.9% in 1B-3B tier
26
Deposit Growth Rate
growth
Value: 13.10%
Peer Avg: 5.58%
#26 of 304 Top 8.2% in 1B-3B tier
37
Loan-to-Share Ratio
balance_sheet
Value: 101.80%
Peer Avg: 85.19%
#37 of 304 Top 11.8% in 1B-3B tier
44
Asset Growth Rate
growth
Value: 9.77%
Peer Avg: 4.83%
#44 of 304 Top 14.1% in 1B-3B tier
58
Loan Growth Rate
growth
Value: 10.23%
Peer Avg: 5.27%
#58 of 304 Top 18.8% in 1B-3B tier
67
Share Certificate Concentration (%)
balance_sheet
Value: 22.37%
Peer Avg: 28.53%
#67 of 304 Top 21.7% in 1B-3B tier

Top Weaknesses (4 metrics)

298
Total Members
engagement
Value: 44,331
Peer Avg: 98,678
#298 of 304 Bottom 2.3% in 1B-3B tier
284
Total Deposits
balance_sheet
Value: $901.80M
Peer Avg: $1.45B
#284 of 304 Bottom 6.9% in 1B-3B tier
258
Total Assets
balance_sheet
Value: $1.13B
Peer Avg: $1.72B
#258 of 304 Bottom 15.5% in 1B-3B tier
254
Members Per Employee (MPE)
engagement
Value: 287.864
Peer Avg: 364.953
#254 of 304 Bottom 16.8% in 1B-3B tier