U

Utah First Federal Credit Union

Best ForFee-Conscious Savers
FeesNone ($0 Maintenance)

Quick Summary

  • HSA savings account

The Verdict

Utah First Federal Credit Union provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.

Utah First Credit Union began in 1935 as Utah German American Federal Credit Union, established by German immigrants in Salt Lake City who needed loans to bring their families to America. Originally starting with just 23 shares totaling $115, the credit union underwent two name changes - first to Utah C.V. Federal Credit Union in 1937 and then to Utah First Federal Credit Union in 1996. Today, while serving thousands of members across nine Utah branches, the institution maintains its founding principles of providing accessible credit and supporting community members' financial goals.

Key Features

Banking & Access

Basic account access provided.

Investment Options

This provider focuses on cash savings without investment options.

Security & Insurance

Deposits are FDIC/NCUA insured for your protection.

Account Details

No minimum balance to open. no account opening fees.

Fee Analysis

Fee TypeThis ProviderIndustry AverageVerdict
Monthly Maintenance$0.00$0.69EXCELLENT
Account Opening$0.00$1.88EXCELLENT
Account Closing$0.00$1.95EXCELLENT

Industry averages calculated from 853 providers in the HSA Orbit database.

Investment Options

Savings-Only Account

Utah First Federal Credit Union currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.

Interest Rates

Standard Rates

Balance RangeAPY
$0+0.25%

Last updated: 01-24-2025

Contact Information

Address

200 E South Temple Salt Lake City, UT 84111 Customer Service Mailing Address 200 E South Temple Salt Lake City, UT 84111

Customer Service

(800) 234-0729

200 E South Temple Salt Lake City, UT 84111 Customer Service Mailing Address 200 E South Temple Salt Lake City, UT 84111

At a Glance

Monthly Fee$0
Investment ThresholdN/A
Interest Rate (Cash)~0.25%
Debit CardNot included
FDIC InsuredYes

Pros & Cons

The Good

  • No monthly maintenance fees
  • No account opening or closing fees
  • FDIC/NCUA insured deposits

The Bad

  • No investment options available
  • No online banking
  • No debit card included

User Sentiment

Based on community feedback

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NegativeNeutralPositive

Sentiment data coming soon

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