VAREX
Federal • SALT LAKE CITY, Utah • Est. 1967
Quick Facts
- Charter Number
- #24773
- Type
- Federal
- Established
- 1967
- Headquarters
- SALT LAKE CITY, Utah 84104-4205
- Address
- 1678 PIONEER RD
- Branches
- 2
- Members
- 1,162
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Exceptionally well-capitalized with outstanding net worth ratio, very low delinquency, and strong earnings. One of the most financially sound credit unions in the country.
Financial Overview
Total Assets
Members
1,162 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | VAREX |
|---|---|
| Total Assets | $16.8M |
| Members | 1,162 |
| Loans Outstanding | $9.7M |
| Shares & Deposits | $13.7M |
| Net Worth | $3.1M |
| Net Worth Ratio | 18.48% |
| Loan-to-Share Ratio | 70.6% |
| Delinquency Rate | 0.12% |
| Net Income | +$127,001 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
Branch Locations
2 locations
Varex Federal Credit Union
Main Office1678 Pioneer Rd
Salt Lake City, UT 84104-4298
CMC Flex
8520 S Sandy Pkwy
Sandy, UT 84070-6422
Who Can Join VAREX?
Membership Type: Community
Membership eligibility for VAREX may vary. Contact the credit union directly to confirm qualification requirements.
Contact VAREX directly or visit their website for the most accurate and up-to-date membership eligibility information.
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View Utah RankingsFrequently Asked Questions
Yes. VAREX 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, VAREX has 1,162 members and a potential membership field of 3,000 people.
VAREX's net worth ratio is 18.48% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 18.5%, VAREX meets this threshold.
VAREX operates 2 branch locations. The main office is located at 1678 Pioneer Rd, Salt Lake City, UT 84104-4298.
VAREX was established in 1967. It is a federal credit union chartered under charter number 24773. The institution has been serving members for 59 years.
Data sourced from the NCUA Quarterly Call Report (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or VAREX. All financial data is for informational purposes only.