LU 354 I B E W
Federal • SALT LAKE CITY, Utah • Est. 1954
Quick Facts
- Charter Number
- #9398
- Type
- Federal
- Established
- 1954
- Headquarters
- SALT LAKE CITY, Utah 84104-4942
- Address
- 3405 W 1987 S
- Branches
- 3
- Members
- 2,647
- Membership Type
- Occupational
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Adequate financial health. Meets NCUA capital requirements with some metrics worth watching over time.
Financial Overview
Total Assets
Members
2,647 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | LU 354 I B E W |
|---|---|
| Total Assets | $40.1M |
| Members | 2,647 |
| Loans Outstanding | $29.1M |
| Shares & Deposits | $33.6M |
| Net Worth | $6.4M |
| Net Worth Ratio | 16.08% |
| Loan-to-Share Ratio | 86.4% |
| Delinquency Rate | 2.71% |
| Net Income | +$751,092 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
3 locations
Credit Union Office
Main Office3405 W 1987 S
Salt Lake City, UT 84104-4942
CMC
8520 S Sandy Pkwy
Sandy, UT 84070-6422
IBEW LOCAL 354
3400 W 2100 S
Salt Lake City, UT 84119
Who Can Join LU 354 I B E W?
Membership Type: Occupational
Membership eligibility for LU 354 I B E W may vary. Contact the credit union directly to confirm qualification requirements.
Contact LU 354 I B E W directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Utah
Browse all federally insured credit unions in Utah, ranked by assets, members, and financial health score.
View Utah RankingsFrequently Asked Questions
Yes. LU 354 I B E W is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, LU 354 I B E W has 2,647 members and a potential membership field of 5,000 people.
LU 354 I B E W's net worth ratio is 16.08% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 16.1%, LU 354 I B E W meets this threshold.
LU 354 I B E W operates 3 branch locations. The main office is located at 3405 W 1987 S, Salt Lake City, UT 84104-4942.
LU 354 I B E W was established in 1954. It is a federal credit union chartered under charter number 9398. The institution has been serving members for 72 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or LU 354 I B E W. All financial data is for informational purposes only.