Unverified listing What this means
The Lender Report built this page from public records. Cyprus Credit Union has not reviewed it. Every lender's page starts this way, and it says nothing about Cyprus Credit Union itself. Each figure shows its source and date. Work at Cyprus Credit Union? You can claim this page for free.
Credit union, West Jordan, UT
Cyprus Credit Union
A credit union based in West Jordan, UT. Its commercial book is led by non-owner-occupied CRE and multifamily. Public files show recent multifamily, 1-4 unit investor, SBA 7(a), SBA 504 and real-estate-secured commercial loans it made.
- Kind
- Credit union
- Data as of
- June 30, 2026
- Page last changed
- November 11, 2026
- Commercial book
- $255M
- NCUA 5300,
- Holds, not loans made
- Commercial loans made, H1 2026
- 26
- NCUA 5300,
- Real-estate-secured
- SBA loans, 36 months
- 19
- SBA FOIA,
- 7(a) and 504, net of cancelled
- Total assets
- $2.08B
- NCUA 5300,
Does it fit my deal?
The deal is read here and kept nowhere. Leave out names, income and credit scores.
How to reach them
Each line shows where it came from
- Phone
- 801-260-7600 From the NCUA record, June 30, 2026.
- Website
- www.cypruscu.comFrom the NCUA record, November 9, 2026.
- Commercial lending page
- cypruscu.comFrom the lender's website, retrieved November 11, 2026.
- Names it files under
- CYPRUS; Cyprus Federal Credit UnionNCUA 5300,
- Address
- PO Box 9002, West Jordan, UT 84084NCUA 5300,
- Regulator record
- NCUA profile
You generally must be a member of a credit union to borrow from it. Field of membership: Multiple common bond - primarily primary and fabricated metals. Designated low-income by NCUA.
Recently done
Recorded lending
Recorded lending. Two or more public files show loans this lender made.
What changed. Cyprus Credit Union's Multifamily balance rose 14.1% to $85.3M in the quarter ended June 30, 2026. NCUA 5300,
| When | What the record shows | Source |
|---|---|---|
| Oct 2023 to Sep 2026 | SBA 7(a) approvals by processing method: 13 SBA Express.SBA ProcessingMethod field, net of cancellations. | SBA FOIA, |
| Jun 2025 to Jun 2026 | Non-owner-occupied CRE balance rose 1.7% to $91.7M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
| Jun 2025 to Jun 2026 | Multifamily balance rose 7.1% to $85.3M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
| Jun 2025 to Jun 2026 | Commercial and industrial balance rose 60.0% to $31.3M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Utah | SBA 7(a), Drywall and Insulation Contractors | $50K | 13.25% | 7 yr | SBA FOIA | |
| Aug 2026 | Utah | SBA 7(a), Beauty Salons | $98K | 10.75% | 7 yr | SBA FOIA | |
| 2025 | Salt Lake County, UT | Refinance, 5 to 24 units | $2.5M | 6.86% | 10 yr | 67% | HMDA 2025 |
| 2025 | Salt Lake County, UT | Improvement, 5 to 24 units | $2M | 8.25% | 1.5 yr | HMDA 2025 | |
| 2025 | Salt Lake County, UT | Purchase, 5 to 24 units | $700K | 6.78% | 10 yr | HMDA 2025 | |
| Sep 2025 | Utah | SBA 504, Assisted Living Facilities for the Elderly | $780K | 25 yr | SBA FOIA | ||
| Aug 2025 | Utah | SBA 504, Professional, Scientific, and Technical Services | $240K | 25 yr | SBA FOIA | ||
| Apr 2025 | Utah | SBA 504, Retail Trade | $560K | 25 yr | SBA FOIA | ||
| Feb 2025 | Utah | SBA 504, New Single-Family Housing Construction (except For-Sale Builders) | $610K | 25 yr | SBA FOIA | ||
| Jan 2025 | Utah | SBA 504, Assisted Living Facilities for the Elderly | $480K | 25 yr | SBA FOIA | ||
| Jan 2025 | Utah | SBA 7(a), Clothing and Clothing Accessories Retailers | $100K | 13.5% | 7 yr | SBA FOIA | |
| 2024 | Salt Lake County, UT | Refinance, 100 to 149 units | $13M | 6.69% | 10 yr | 54% | HMDA 2024 |
| 2024 | Salt Lake County, UT | Refinance, 25 to 49 units | $2.1M | 10% | 2 yr | 63% | HMDA 2024 |
| 2024 | Salt Lake County, UT | Purchase, 5 to 24 units | $1.7M | 6.61% | 10 yr | 54% | HMDA 2024 |
| Sep 2024 | Utah | SBA 7(a), Real Estate and Rental and Leasing | $40K | 15% | 7 yr | SBA FOIA | |
| Jul 2024 | Utah | SBA 7(a), Marketing Consulting Services | $50K | 15% | 7 yr | SBA FOIA | |
| Jul 2024 | Utah | SBA 7(a), All Other Specialty Trade Contractors | $30K | 15% | 7 yr | SBA FOIA | |
| Jun 2024 | Utah | SBA 7(a), Snack and Nonalcoholic Beverage Bars | $40K | 15% | 7 yr | SBA FOIA | |
| Apr 2024 | Utah | SBA 7(a), Wholesale Trade | $180K | 13% | 10 yr | SBA FOIA | |
| Apr 2024 | Utah | SBA 7(a), Wholesale Trade | $110K | 13% | 10 yr | SBA FOIA | |
| Apr 2024 | Utah | SBA 7(a), Transportation and Warehousing | $36K | 13.5% | 7 yr | SBA FOIA | |
| Mar 2024 | Utah | SBA 7(a), Offices of Chiropractors | $50K | 15% | 7 yr | SBA FOIA | |
| Nov 2023 | Utah | SBA 7(a), Offices of Chiropractors | $40K | 9.75% | 7 yr | SBA FOIA | |
| Nov 2023 | Utah | SBA 7(a), Electrical Contractors and Other Wiring Installation Contractors | $20K | 11.75% | 7 yr | SBA FOIA | |
| 13 SBA 7(a) loans since October 2023, net of cancelled | $839K | SBA FOIA | |||||
A blank means the source did not report it.
What it holds
NCUA 5300, June 30, 2026
| Book | Holds | Of its loans | Year over year | Loans | Average |
|---|---|---|---|---|---|
| Multifamily | $85.3M | 4.6% | +7.1% | 61 | $1.40M |
| Construction and land development | $20.2M | 1.1% | +1.0% | 15 | $1.35M |
| Owner-occupied CRE | $26.7M | 1.4% | -5.3% | 35 | $762K |
| Non-owner-occupied CRE | $91.7M | 4.9% | +1.7% | 108 | $849K |
| Farmland | $0 | 0.0% | Not reported | 0 | Not reported |
| Commercial and industrial | $31.3M | 1.7% | +60.0% | 754 | $41.5K |
| Other real-estate-secured commercial | $0 | 0.0% | Not reported | Not reported | Not reported |
| Commercial total | $255M |
Table
| Quarter | Commercial book |
|---|---|
| Q3 2023 | $163M |
| Q4 2023 | $189M |
| Q1 2024 | $202M |
| Q2 2024 | $209M |
| Q3 2024 | $216M |
| Q4 2024 | $218M |
| Q1 2025 | $225M |
| Q2 2025 | $238M |
| Q3 2025 | $240M |
| Q4 2025 | $237M |
| Q1 2026 | $243M |
| Q2 2026 | $255M |
| Kind of loan | Period | Loans made | Dollars | Typical size | Largest | Source |
|---|---|---|---|---|---|---|
| Multifamily, 5 or more units | 2025 | 3 | $5.20M | $2.00M | $2.5M | HMDA, |
| Multifamily, 5 or more units | 2024 | 3 | $17.0M | $2.10M | HMDA, | |
| 1-4 unit investor or business purpose | 2025 | 25 | $11.4M | $375K | HMDA, | |
| SBA 7(a), net of cancelled | 36 months to Sep 2026 | 13 | $839K | $50.0K | $180K | SBA FOIA, |
| SBA 7(a), net of cancelled | 12 months to Sep 2026 | 2 | $150K | SBA FOIA, | ||
| SBA 504 first lien, net of cancelled | 36 months to Sep 2026 | 6 | $5.11M | $583K | $2.4M | SBA FOIA, |
| Real-estate-secured commercial | First half of 2026 | 26 | $36.7M | NCUA 5300, | ||
| Multifamily | First half of 2026 | 9 | $13.1M | NCUA 5300, | ||
| Construction | First half of 2026 | 2 | $7.45M | NCUA 5300, | ||
| Owner-occupied CRE | First half of 2026 | 5 | $2.31M | NCUA 5300, | ||
| Non-owner-occupied CRE | First half of 2026 | 10 | $13.9M | NCUA 5300, | ||
| C&I | First half of 2026 | 141 | $10.5M | NCUA 5300, |
How these public files were tied to this lender. HMDA: its legal entity identifier (LEI). SBA 7(a) loans: its NCUA charter number. SBA 504 first liens: its name and state.
| Book | Average loan |
|---|---|
| Construction and land development | $1.35M |
| Multifamily | $1.40M |
| Owner-occupied CRE | $762K |
| Non-owner-occupied CRE | $849K |
| Commercial and industrial | $41.5K |
Programs on record: Federal Home Loan Bank member, Des Moines district (FHFA).
Where it lends
Offices beside loans on record
| State | Offices | Multifamily 2025 | 1-4 investor 2025 | SBA 7(a) 36 mo. | SBA 504 36 mo. |
|---|---|---|---|---|---|
| Utah HQ | 26 | 3 | 25 | 13 | 6 |
| County | Recorded loans | Dollars |
|---|---|---|
| Salt Lake County, UT | 6 | $21.9M |
| Metro | Recorded loans | Dollars |
|---|---|---|
| Salt Lake City-Murray, UT | 6 | $21.9M |
Capacity. Not a rating
Our calculation from public filings, as of June 30, 2026. Not a rating, and not a statement about safety or deposits.
| Measure | This lender | Its peers | How it is worked out | Source |
|---|---|---|---|---|
| Business loan cap | $255M | $112M to $531M across 8 peers | Estimate: the lesser of 1.75 times net worth or 12.25% of assets. Low-income designated credit unions and some others are exempt. Not a statement from the credit union. | NCUA 5300, 12 CFR 723.8, Jun 30, 2026 |
| Business loans outstanding | $264M | $213M to $1.14B across 8 peers | Net member business loans, as reported on Form 5300. | NCUA 5300, |
| Cap used | 103.5% | 136.6% to 256.4% across 8 peers | Business loans outstanding over the estimated cap. This credit union is designated low-income by NCUA and is exempt from the cap. | NCUA 5300, |
| Largest single borrower | $38.8M | $13.8M to $85.8M across 8 peers | Estimate: the greater of 15% of net worth or $100,000. Not a limit the credit union has stated. | NCUA 5300, 12 CFR 723.4, Jun 30, 2026 |
| CRE to net worth | 76.2% | 95.4% to 272.3% across 8 peers | (Construction + multifamily + non-owner-occupied CRE loans) divided by net worth. Our own ratio, not a regulatory test or limit. | NCUA 5300, |
| Loans to assets | 89.6% | 72.6% to 82.8% across 8 peers | Total loans divided by total assets. | NCUA 5300, |
Estimates use the formulas in 12 CFR 723. Low-income designated credit unions and some others are exempt from the cap.
Loan channel and SBA processing
Public record only
- SBA Express
- 13 loans
- Approval to first disbursement
- 5 days, median of 11
SBA FOIA, SBA 7(a) loans, 36 months. Counted from SBA approval, not application. Lines of credit disburse fast.
Peers
Same kind of lender, similar size and book
| Lender | State | Total assets | Commercial book |
|---|---|---|---|
| Canyon View Credit Union | UT | $2.15B | $550M |
| Deseret First Credit Union | UT | $1.27B | $227M |
| Granite Credit Union | UT | $918M | $282M |
| Utah First Credit Union | UT | $1.17B | $362M |
| Utah Community Credit Union | UT | $4.04B | $961M |
| Goldenwest Credit Union | UT | $4.33B | $1.04B |
| Marion and Polk Schools Credit Union | OR | $1.85B | $303M |
| Purdue Credit Union | IN | $2.13B | $479M |
What we don't know
- Whether it is taking new loans today, or on what terms.
- Who can join. A credit union lends only to its members, and field of membership decides who qualifies.
- Whether it takes brokers. No figure here means no evidence, not a refusal.
- Credit union concentration ratios here are our own calculation against net worth. They are not a regulatory test or limit. Originations are Jan-Jun 2026 year to date.
Check this page
Against the regulator's own record
- Name and charter. Cyprus Credit Union, NCUA charter 24688. Compare it with the regulator's record. [NCUA profile]
- Balances. $2.08B in total assets and $255M in commercial loans held, from the NCUA 5300 for June 30, 2026. [Source]
- Loans made. 26 real-estate-secured commercial loans made in the first half of 2026, from your NCUA Form 5300, and 50 loans in HMDA and SBA files, through September 30, 2026: 3 HMDA multifamily 2025, 3 HMDA multifamily 2024, 25 HMDA 1-4 unit investor 2025, 13 SBA 7(a) in 36 months, 6 SBA 504 first liens in 36 months. [How each file was tied to Cyprus Credit Union]
- Phone and website. Phone 801-260-7600, from the NCUA record. Website cypruscu.com, from the NCUA record. [How to reach them]
Something wrong? Report it with evidence. It is free, and it works the same for every lender whether it pays or not. Report an error
For the record
Data as of June 30, 2026. Page last changed November 11, 2026.
- Regulator
- National Credit Union Administration
- NCUA charter
- 24688
- RSSD
- 347590
- LEI
- 549300HS714PZ0BMPN11
- The Lender Report ID
- lr_000858
- Main office county
- Salt Lake
- Members
- 165,130
- NCUA region
- 3 - Western
NCUA credit union details,
- Reported $2.1B in total assets as of June 30, 2026 (NCUA 5300).
- Held $255.2M of commercial and commercial real estate loans as of June 30, 2026 (NCUA 5300).
- Held $91.7M of non-owner-occupied commercial real estate loans as of June 30, 2026, up 1.7% from a year earlier (NCUA 5300).
- Held $85.3M of multifamily loans as of June 30, 2026, up 7.1% from a year earlier (NCUA 5300).
- Held $31.3M of commercial and industrial loans as of June 30, 2026, up 60.0% from a year earlier (NCUA 5300).
- Originated 3 multifamily loans totaling $5.2M in 2025 (HMDA).
7 more sentences
- Originated 3 multifamily loans totaling $17M in 2024 (HMDA).
- Originated 25 1-4 unit investor or business-purpose loans totaling $11.4M in 2025 (HMDA).
- Recorded 13 SBA 7(a) approvals totaling $839K from October 1, 2023 to September 30, 2026 (SBA).
- Provided the first lien on 6 SBA 504 projects with $5.1M in first-lien dollars from October 1, 2023 to September 30, 2026 (SBA).
- Originated 26 real-estate-secured commercial loans totaling $36.7M in the first half of 2026 (NCUA 5300).
- Held $1M of nonmember commercial loans and participations as of June 30, 2026 (NCUA 5300).
- Listed 26 offices in 1 state (NCUA).
Cite this
Source: The Lender Report, Cyprus Credit Union, https://lender.report/lender/cyprus-credit-union-ut/, data as of June 30, 2026.
Sources
- NCUA 5300, June 30, 2026
- NCUA 5300, June 30, 2025
- HMDA, 2025
- SBA FOIA, September 30, 2026
- NCUA 5300, June 30, 2026
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
See something wrong? Write to desk@lender.report or use the correction form. We reply within 2 business days and fix confirmed errors within 10. We correct our own mistakes at once. Where the public record itself is wrong, we show the lender's correction beside it and tell you how to ask the agency to fix the source. Correction form. Names identify institutions and imply no affiliation.
We publish data about lenders and sell advertising. We are not a bank or lender, and we do not make credit decisions, take applications, negotiate terms or arrange loans through this site. Using this site creates no broker, advisory or fiduciary relationship. Commercial-purpose loans only. Nothing here is an offer to lend or a promise that any lender will offer you a loan.
Work at Cyprus Credit Union? Claim this page, free.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem