GIBBONS AND REED EMPLOYEES Credit Union Profile

Showing details for GIBBONS AND REED EMPLOYEES Credit Union.

Home > UT > GIBBONS AND REED EMPLOYEES

GIBBONS AND REED EMPLOYEES

Charter #14917 | NCUA Region 3 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (801) 322-4010

Fax: (801) 322-5419

Founding Date: N/A

Website: http://www.grcreditunion.com

Personnel & Operations

President: Greenwood, Mark

Manager: Christopherson, L William

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 15

Branches: 1

Hours: M-F 8:00 AM THRU 4:30 PM

Credit Union Profile Summary

GIBBONS AND REED EMPLOYEES is a FCU Credit Union. With a total of 1,207 members [1], this institution manages approximately $6,457,314 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 17.04% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -26.22% [1].

Financial Snapshot

Total Assets [1]
$6,457,314

Total economic resources.

Total Loans [1]
$1,554,715

Total value of outstanding loans.

Total Deposits [1]
$5,354,203

Total funds deposited by members.

Members [1]
1,207

Number of active members.

Performance Ratios

Net Worth Ratio [1]
17.04%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.52%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
29.04%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 3.02%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -26.22%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -17.10%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1000 N WARM SPRINGS RD

SALT LAKE CITY, UT, 84116
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 1 branches reported by GIBBONS AND REED EMPLOYEES (Charter #14917).

Main Office

Warm Springs Main Office

Type: Corporate Office

1000 N Warm Springs Rd

Salt Lake City, UT 84116

Phone: (801) 322-4010

Services: Member Services

Open in Directions