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The Lender Report built this page from public records. Wasatch Peaks Credit Union has not reviewed it. Every lender's page starts this way, and it says nothing about Wasatch Peaks Credit Union itself. Each figure shows its source and date. Work at Wasatch Peaks Credit Union? You can claim this page for free.
Credit union, Ogden, UT
Wasatch Peaks Credit Union
A credit union based in Ogden, UT. Its commercial book is led by non-owner-occupied CRE and owner-occupied CRE. 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
- $260M
- NCUA 5300,
- Holds, not loans made
- Commercial loans made, H1 2026
- 31
- NCUA 5300,
- Real-estate-secured
- SBA loans, 36 months
- 13
- SBA FOIA,
- 7(a) and 504, net of cancelled
- Total assets
- $658M
- 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
- 801-627-8700 From the NCUA record, June 30, 2026.
- Website
- www.wasatchpeaks.comFrom the NCUA record, November 9, 2026.
- Commercial lending page
- wasatchpeaks.comFrom the lender's website, retrieved November 11, 2026.
- Names it files under
- WASATCH PEAKS; Wasatch Peaks Federal Credit Union; Wasatch Peaks FCUNCUA 5300,
- Address
- 4723 Harrison Blvd, Ogden, UT 84403-4304NCUA 5300,
- Regulator record
- NCUA profile
You generally must be a member of a credit union to borrow from it. Field of membership: Community credit unions. Designated low-income by NCUA.
Recently done
Recorded lending
Recorded lending. Two or more public files show loans this lender made.
What changed. Wasatch Peaks Credit Union's Non-owner-occupied CRE balance rose 11.8% to $109M 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: 7 under Preferred Lender authority.SBA ProcessingMethod field, net of cancellations. | SBA FOIA, |
| Jun 2025 to Jun 2026 | Non-owner-occupied CRE balance rose 18.3% to $109M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
| Jun 2025 to Jun 2026 | Owner-occupied CRE balance rose 8.7% to $92M 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 29.5% to $29.1M 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 |
|---|---|---|---|---|---|---|---|
| Jul 2026 | Utah | SBA 7(a), Motor Vehicle Supplies and New Parts Merchant Wholesalers | $370K | 7.75% | 10 yr | SBA FOIA | |
| Jan 2026 | Utah | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $350K | 7.75% | 10 yr | SBA FOIA | |
| Jan 2026 | Utah | SBA 7(a), Specialized Freight (except Used Goods) Trucking, Local | $100K | 6.75% | 10 yr | SBA FOIA | |
| 2025 | Utah | Purchase, 5 to 24 units | $1.3M | 6.75% | 0.8 yr | 68% | HMDA 2025 |
| Jul 2025 | Utah | SBA 7(a), Snack and Nonalcoholic Beverage Bars | $240K | 7.75% | 10 yr | SBA FOIA | |
| Jul 2025 | Utah | SBA 7(a), Fitness and Recreational Sports Centers | $200K | 7.75% | 10 yr | SBA FOIA | |
| Jul 2025 | Utah | SBA 7(a), Landscaping Services | $48K | 8% | 10 yr | SBA FOIA | |
| Apr 2025 | Utah | SBA 504, Lessors of Miniwarehouses and Self-Storage Units | $4.5M | 25 yr | SBA FOIA | ||
| Feb 2025 | Utah | SBA 7(a), Solid Waste Collection | $290K | 8% | 10 yr | SBA FOIA | |
| Oct 2024 | Utah | SBA 7(a), Landscaping Services | $30K | 9.75% | 10 yr | SBA FOIA | |
| Sep 2024 | Utah | SBA 7(a), Other Computer Related Services | $250K | 9% | 10 yr | SBA FOIA | |
| Aug 2024 | Utah | SBA 7(a), Sporting Goods Retailers | $630K | 8.5% | 10 yr | SBA FOIA | |
| Dec 2023 | Utah | SBA 7(a), Caterers | $50K | 9.5% | 10 yr | SBA FOIA | |
| 11 SBA 7(a) loans since October 2023, net of cancelled | $2.56M | 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 | $29.1M | 5.3% | +29.5% | 16 | $1.82M |
| Construction and land development | $18.4M | 3.3% | -13.7% | 11 | $1.68M |
| Owner-occupied CRE | $92.0M | 16.7% | +8.7% | 117 | $786K |
| Non-owner-occupied CRE | $109M | 19.8% | +18.3% | 101 | $1.08M |
| Farmland | $0 | 0.0% | Not reported | 0 | Not reported |
| Commercial and industrial | $11.2M | 2.0% | +17.8% | 90 | $125K |
| Other real-estate-secured commercial | $0 | 0.0% | Not reported | Not reported | Not reported |
| Commercial total | $260M |
Table
| Quarter | Commercial book |
|---|---|
| Q3 2023 | $233M |
| Q4 2023 | $238M |
| Q1 2024 | $245M |
| Q2 2024 | $212M |
| Q3 2024 | $212M |
| Q4 2024 | $204M |
| Q1 2025 | $210M |
| Q2 2025 | $230M |
| Q3 2025 | $238M |
| Q4 2025 | $240M |
| Q1 2026 | $250M |
| Q2 2026 | $260M |
| Kind of loan | Period | Loans made | Dollars | Typical size | Largest | Source |
|---|---|---|---|---|---|---|
| Multifamily, 5 or more units | 2025 | 1 | $1.3M | $1.3M | $1.3M | HMDA, |
| 1-4 unit investor or business purpose | 2025 | 5 | $2.40M | $355K | HMDA, | |
| SBA 7(a), net of cancelled | 36 months to Sep 2026 | 11 | $2.56M | $240K | $630K | SBA FOIA, |
| SBA 7(a), net of cancelled | 12 months to Sep 2026 | 3 | $820K | SBA FOIA, | ||
| SBA 504 first lien, net of cancelled | 36 months to Sep 2026 | 2 | $6.40M | $3.20M | $4.5M | SBA FOIA, |
| Real-estate-secured commercial | First half of 2026 | 31 | $57.3M | NCUA 5300, | ||
| Multifamily | First half of 2026 | 4 | $6.47M | NCUA 5300, | ||
| Construction | First half of 2026 | 6 | $12.7M | NCUA 5300, | ||
| Owner-occupied CRE | First half of 2026 | 7 | $15.5M | NCUA 5300, | ||
| Non-owner-occupied CRE | First half of 2026 | 14 | $22.6M | NCUA 5300, | ||
| C&I | First half of 2026 | 20 | $2.79M | NCUA 5300, |
How these public files were tied to this lender. HMDA: its name and state, with spelling normalized. SBA 7(a) loans: its NCUA charter number. SBA 504 first liens: its name and state.
| Book | Average loan |
|---|---|
| Construction and land development | $1.68M |
| Multifamily | $1.82M |
| Owner-occupied CRE | $786K |
| Non-owner-occupied CRE | $1.08M |
| Commercial and industrial | $125K |
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 | 6 | 1 | 5 | 11 | 2 |
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 | $80.7M | $46.9M to $156M 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 | $253M | $25.6M to $369M across 8 peers | Net member business loans, as reported on Form 5300. | NCUA 5300, |
| Cap used | 313.4% | 49.3% 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 | $10.4M | $5.86M to $18.3M 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 | 225.0% | 58.4% 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 | 83.8% | 55.4% to 88.2% 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
- Of 5 1-4 unit investor loans with a known channel in 2025, 1 (20.0%) came through a third party. HMDA,
Third party includes correspondents as well as brokers. No figure here means no evidence, not a refusal.
- Preferred Lender authority
- 7 loans (63.6%)
- Approval to first disbursement
- 9 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 |
|---|---|---|---|
| American United Credit Union | UT | $383M | $91.5M |
| Jordan Credit Union | UT | $425M | $62.3M |
| Granite Credit Union | UT | $918M | $282M |
| Deseret First Credit Union | UT | $1.27B | $227M |
| Utah First Credit Union | UT | $1.17B | $362M |
| First Peoples Community Credit Union | MD | $666M | $88.8M |
| Beehive Credit Union | ID | $648M | $124M |
| TECH Credit Union | IN | $599M | $114M |
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 on any given deal. The public record shows only that some loans came through a third party.
- 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. Wasatch Peaks Credit Union, NCUA charter 24780. Compare it with the regulator's record. [NCUA profile]
- Balances. $658M in total assets and $260M in commercial loans held, from the NCUA 5300 for June 30, 2026. [Source]
- Loans made. 31 real-estate-secured commercial loans made in the first half of 2026, from your NCUA Form 5300, and 19 loans in HMDA and SBA files, through September 30, 2026: 1 HMDA multifamily 2025, 5 HMDA 1-4 unit investor 2025, 11 SBA 7(a) in 36 months, 2 SBA 504 first liens in 36 months. [How each file was tied to Wasatch Peaks Credit Union]
- Phone and website. Phone 801-627-8700, from the NCUA record. Website wasatchpeaks.com, from the NCUA record. [How to reach them]
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For the record
Data as of June 30, 2026. Page last changed November 11, 2026.
- Regulator
- National Credit Union Administration
- NCUA charter
- 24780
- RSSD
- 601694
- LEI
- 2549008CBS11KBKU4Z95
- The Lender Report ID
- lr_002119
- Main office county
- Weber
- Members
- 32,176
- NCUA region
- 3 - Western
NCUA credit union details,
- Reported $658.4M in total assets as of June 30, 2026 (NCUA 5300).
- Held $259.7M of commercial and commercial real estate loans as of June 30, 2026 (NCUA 5300).
- Held $109M of non-owner-occupied commercial real estate loans as of June 30, 2026, up 18.3% from a year earlier (NCUA 5300).
- Held $92M of owner-occupied commercial real estate loans as of June 30, 2026, up 8.7% from a year earlier (NCUA 5300).
- Held $29.1M of multifamily loans as of June 30, 2026, up 29.5% from a year earlier (NCUA 5300).
- Originated 1 multifamily loan totaling $1.3M in 2025 (HMDA).
7 more sentences
- Originated 5 1-4 unit investor or business-purpose loans totaling $2.4M in 2025 (HMDA).
- Recorded 11 SBA 7(a) approvals totaling $2.6M from October 1, 2023 to September 30, 2026 (SBA).
- Provided the first lien on 2 SBA 504 projects with $6.4M in first-lien dollars from October 1, 2023 to September 30, 2026 (SBA).
- Originated 31 real-estate-secured commercial loans totaling $57.3M in the first half of 2026 (NCUA 5300).
- Bought $1M of commercial loan participations from January 1 to June 30, 2026 (NCUA 5300).
- Held $39.8M of nonmember commercial loans and participations as of June 30, 2026 (NCUA 5300).
- Listed 6 offices in 1 state (NCUA).
Cite this
Source: The Lender Report, Wasatch Peaks Credit Union, https://lender.report/lender/wasatch-peaks-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.
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Work at Wasatch Peaks 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