Goldenwest Credit Union Reaches $3 Billion in Assets

OGDEN, UT: November 9, 2023 – Goldenwest recently reached a significant milestone, crossing the $3 billion mark in assets for the first time in the Credit Union’s 87-year history. Over the past decade, Goldenwest has experienced remarkable growth with an increase from $1 billion in assets in 2014 to $3 billion in assets in 2023. The achievement underscores the Credit Union’s exceptional financial strength and long-standing stability.

“Our members’ loyalty, combined with the direction of our volunteers and dedication of our staff, has been instrumental in achieving this growth,” remarked Kerry Wahlen, Goldenwest President and CEO. “This milestone not only signifies our Credit Union’s financial success but also reflects Goldenwest’s ongoing commitment to our members and the communities we serve.”

Goldenwest Credit Union was founded in 1936 as the Ogden Railway and Depot Company Employees Federal Credit Union with initial assets totaling a modest $10.50. Renamed Goldenwest Credit Union in 1984, Goldenwest now serves more than 183,000 members at 50 branch locations across Utah and Idaho. Goldenwest’s roots remain firmly planted in the Ogden area, demonstrated by the organization’s new headquarters located four miles southeast of the historic Union Station where the original Credit Union founders were employed.

“As we celebrate this achievement, we look forward to continuing the Goldenwest legacy of delivering exceptional financial products and services to our members,” continued Wahlen. “Being owned by our members, our vested interest lies in their financial success.”