The Utah First story began in 1935, in the aftermath of the Great Depression. A group of German immigrants living in Salt Lake City were having a difficult time finding anyone to help them with the loans they needed to bring their families to America. They banded together to form a grassroots credit union that would serve all members of the community. Here, people found the positive answers—and opportunities—they needed to build their future.
Two years after its founding, the Credit Union changed its name to the Utah C.V. Federal Credit Union. The “C.V.” was for Chemnitzer (a city in the eastern part of Germany) Vereinigung (German for unification). The updated name further underscored the founders’ commitment to fellowship and community. Utah C.V. championed its mission to build its members’ financial future by providing competitive rates and outstanding customer service.
This name stayed for nearly 60 years. Then in 1996 it changed once more, this time to Utah First Federal Credit Union. Although we’ve grown from just 23 shares to thousands of Members and nine in-state branches, we still represent our Utah community. We still exist for the benefit of our Members. And we still say Yes to building their futures.
Qualifying Members of our credit union community:
• Work for a participating employer
• Belong to a current Member’s immediate family, or
• Join the Community Volunteers of Utah (Learn more)
Want to join us? We’ll tell you how.
After all, we’ve had more than 80 years experience Practicing the Art of Yes.
Call us at 800-234-0729.