Varex Federal Credit Union

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A short history of Varex FCU

Since its inception in 1967 the Varex Federal Credit Union has been serving its members in the SALT LAKE CITY, Utah area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Tammy Phillips, the Varex FCU has grown its membership to over 1,299 with assets of more than $15,536,724. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (801) 973-5052 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in SALT LAKE CITY, UT.

General Information For Varex FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 24773
Address 1678 PIONEER RD 
State Utah 
Zip-Code 84104
Phone Number (801) 973-5052
Fax Number (801) 973-5142
Email Address:
CEO/President Tammy Phillips
Members 1,299 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 15,536,724 

Compare Varex Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Lu 354 I B E W CU IBEW LOCAL 354 3400 W 2100 S 84119 (801) 972-9354 No 1.47
Meadow Gold Employees CU Main 3691 W 1987 S 84104 (801) 908-7113 No 1.64
The Credit Union For The Blind And CU UCB Credit Union 250 N 1950 W 84116 (801) 220-0800 No 2.01
P & S CU Evault/CUSA Technologies 4897 W Lake Park Blvd 84120 (800) 825-2872 No 2.38
Deseret First CU City Creek Center 143 E Social Hall Ave 84111 (801) 538-0894 No 2.40

Varex Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Varex Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 10.90 2.77 3.52 3.59 4.68
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 117 150 81 193
Rank Among All Utah Credit Unions 26 9 13 6 11

Varex Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.18 1.03 0.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 120 168 283
Rank Among All Utah Credit Unions N/A 14 12 15 29
Varex Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.900169254,664
All Other Unsecured Loans/Lines of Credit 11.160208339,733
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.770531,188,463
Used Vehicle Loans 3.5201972,516,808
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.5905613,605
Total Other Real Estate Loans/Lines of Credit 4.680281,104,848
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.45034698,224
TOTAL LOANS & LEASES 6946,716,345

Varex Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 5613,60500
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 13379,963299,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 15724,885134,557
Open-End Fixed Rate 0000
TOTALS 331,718,4533133,557


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Varex Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes