Heritagewest Credit Union
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Last time updated: 2/9/23, 5:41 AM
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About

Today, over 60 years later, HeritageWest Credit Union has assets of $330 million, with nearly 40,000 member/owners, and over 90 people employed. We owe our success to our dedicated volunteers, committed employees, and devoted member/owners from 1948 to today. Our recent expansion into Salt Lake County to serve current and future members is evidence of our incredible growth and financial stability. As the 8th largest credit union in the state of Utah, we are prepared to serve the financial needs of all of our members for years to come.HeritageWest Credit Union was originally established in 1948 as the Benecia Arsenal Federal Credit Union at Benicia Arsenal, Benecia, California. This army base was located in the Bay Area in Northern California. Originally total assets were $13,926.91. By the end of 1961 there were 350 member/owners, 4 people employed at the credit union, and the offices had moved east to Tooele, Utah. In August of 1962 the name was changed to Tooele Army Depot Federal Credit Union, with total assets of $1,254,090.73 and only one working branch. Nine years later, in August of 1971, the name was changed again to Tooele Federal Credit Union. By this time the credit unions assets had grown to an excess of $5.3 million with three working branches and an expanded membership to serve more people in Tooele County. Around the turn of the millenium, the rapid growth of Tooele County coincided with substantial growth of the credit union, as well. This was manifested with the addition of several new branches, the first of which were in Grantsville and Stansbury. In 2006 there was the addition of two more branches, one in North Tooele and the first location in Salt Lake County with the South Jordan Branch now able to better serve the growing membership along the Wasatch Front. Eventually, after 37 years as TFCU, the name was changed in 2008 to HeritageWest Credit Union.

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