TellerScore

Headquartered in Salt Lake City, Utah, Granite Federal Credit Union is a federal credit union with $918.4M in total assets and $766.2M in member shares and deposits as of Q2 2026. It operates 5 offices. Its charter dates back to 1986.

Granite Federal Credit Union has a TellerScore of 63 out of 100 (moderate) based on Q2 2026 data — higher than only 29% of its 1,341 credit unions with $100 million – $1 billion. Among 51 credit unions headquartered in Utah, it ranks 39th. Problem-loan coverage contributes the most (92/100, 4.1%); earnings contributes the least (40/100, 0.50%).

TellerScore · Q2 2026

Scorecard

Capital cushion50/100
Net worth ratio: 10.04%
Loan quality82/100
Loans 60+ days delinquent ÷ total loans: 0.54%
Earnings40/100
Return on assets (annualized): 0.50%
Funding & liquidity69/100
Loans ÷ shares: 91.6% · 7.4% uninsured
Problem-loan coverage92/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 4.14%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

The score has been essentially flat from Q2 2025 to Q2 2026 (62 → 63).

TellerScore
616364Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202464
Q3 202462
Q4 202462
Q1 202562
Q2 202562
Q3 202563
Q4 202561
Q1 202663
Q2 202663
Net worth ratio
7.00%8.76%10.52%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202410.52%
Q3 202410.03%
Q4 202410.29%
Q1 20259.71%
Q2 20259.79%
Q3 20259.74%
Q4 20259.92%
Q1 20269.91%
Q2 202610.04%
Delinquent loans (60+ days)
0.36%0.49%0.63%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.38%
Q3 20240.42%
Q4 20240.48%
Q1 20250.36%
Q2 20250.50%
Q3 20250.37%
Q4 20250.63%
Q1 20260.41%
Q2 20260.54%
Return on assets
0.23%0.37%0.50%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.32%
Q3 20240.28%
Q4 20240.26%
Q1 20250.23%
Q2 20250.35%
Q3 20250.42%
Q4 20250.42%
Q1 20260.43%
Q2 20260.50%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202663$918.4M10.04%0.54%0.50%91.6%
Q1 202663$917.0M9.91%0.41%0.43%91.3%
Q4 202561$906.5M9.92%0.63%0.42%93.1%
Q3 202563$913.6M9.74%0.37%0.42%91.9%
Q2 202562$900.8M9.79%0.50%0.35%91.2%
Q1 202562$896.3M9.71%0.36%0.23%91.8%
Q4 202462$840.9M10.29%0.48%0.26%92.9%
Q3 202462$859.2M10.03%0.42%0.28%92.0%
Q2 202464$818.6M10.52%0.38%0.32%92.2%

1,341 peers · $100 million – $1 billion

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.04%
29th
Problem loans0.54%
61st
Net charge-offs0.50%
35th
Return on assets0.50%
30th
Loans to deposits91.6%
14th
Uninsured deposits7.4%
35th
Loan-loss reserves0.00%
50th
Texas ratio4.1%
49th

Similar-size credit unions in Utah

InstitutionScoreAssetsCapitalProblem loansCompare
Wasatch Peaks Federal Credit UnionCredit union Ogden, UT70 out of 100, Strong$658.4M10.6%0.10%vs
Jordan Federal Credit UnionCredit union South Jordan, UT68 out of 100, Moderate$424.5M9.2%0.34%vs
American United Federal Credit UnionCredit union West Jordan, UT60 out of 100, Moderate$382.7M11.5%1.25%vs
Alpine Federal Credit UnionCredit union Orem, UT66 out of 100, Moderate$362.9M10.3%1.00%vs
Elevate Federal Credit UnionCredit union Brigham City, UT94 out of 100, Very strong$260.3M20.9%0.24%vs
Eastern Utah Community Federal Credit UnionCredit union Price, UT81 out of 100, Strong$219.2M14.1%0.74%vs

Deposit insurance

Is my money safe at Granite Federal Credit Union?

Yes. Granite Federal Credit Union is a federally insured credit union (NCUA charter #24726). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 7.4% of shares and deposits ($56.6M) are above the $250,000 NCUA insurance limit, close to the peer median of 6%. Insured balances are protected regardless of the score.

The net worth ratio is 10.04%, above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

5 locations

Branches

Granite Federal Credit Union lists 5 offices in 4 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, Granite Federal Credit Union reported 482 home-loan applications under HMDA (LEI 549300JAEP0DFO79JO70): 252 originated ($69,310,000 total), 78 denied, and 121 withdrawn or closed by the applicant. Its denial rate on decided applications was 21.6%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
Granite Federal Credit Union
Type
Federal credit union
NCUA charter #
24726
RSSD ID
427791
Primary regulator
NCUA
Established
1986
Headquarters
3675 S 900 E, Salt Lake City, UT 84106
Employees
153

Quick answers

Granite Federal Credit Union: common questions

Is Granite Federal Credit Union NCUA insured?

Yes. Granite Federal Credit Union is a federally insured credit union (NCUA charter #24726). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Granite Federal Credit Union's TellerScore?

63 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Granite Federal Credit Union have?

5 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Salt Lake City

InstitutionScoreAssetsCapitalProblem loansCompare
Uintah Credit UnionCredit union Vernal, UT100 out of 100, Very strong$3.9M21.3%0.00%vs
Norfolk Fire Department Federal Credit UnionCredit union Norfolk, VA93 out of 100, Very strong$26.8M20.1%0.41%vs
Beckstrand and Associates Credit UnionCredit union Salt Lake City, UT93 out of 100, Very strong$166K99.9%—vs
Optum Bank, Inc.Bank Draper, UT93 out of 100, Very strong$21.4B13.2%0.21%vs
Operating Engineers Local Union #3 Federal Credit UnionCredit union Livermore, CA92 out of 100, Very strong$1.7B15.5%0.60%vs
Wiremen'S Credit UnionCredit union Parma, OH92 out of 100, Very strong$40.6M17.0%0.11%vs