Question 1

What is Ascent Credit Union (ACU)?

Accepted Answer

Ascent Credit Union, commonly known as ACU, is a federally chartered credit union serving communities in Weber County, Utah, and surrounding areas. With approximately $170 million in assets and over 9,200 members, Ascent provides full-service financial products to individuals, families, and businesses throughout northern Utah. The credit union operates under the mission to "inspire upward financial success" and help members achieve their financial dreams by managing money easily, quickly, and without stress.

Founded with ties to Weber State University, Ascent Credit Union maintains a strong commitment to education and community service.

Question 2

When was Ascent Credit Union (ACU) founded?

Accepted Answer

Ascent Credit Union was originally founded in 1957 as Weber College Employees Federal Credit Union, later known as Weber State Credit Union. The credit union was established to serve faculty, staff, students, and alumni of Weber State University (originally Weber College), providing affordable financial services to the university community.

For nearly seven decades, the credit union has served families and students connected to Weber State University, maintaining deep roots in Ogden and Weber County. The credit union underwent a name change to Ascent Federal Credit Union to reflect its expanded mission and broader community focus while continuing to honor its educational heritage.

In November 2025, Ascent Credit Union announced its intent to merge with Goldenwest Credit Union, with plans to complete the merger in 2026. Following the merger, the organization will operate as Weber State Credit Union, a division of Goldenwest, returning to its original name to honor the heritage and strengthen ties with the university community.

Question 3

Where is Ascent Credit Union (ACU) headquartered?

Accepted Answer

Ascent Credit Union is headquartered at 4140 Harrison Boulevard in Ogden, Utah. Ogden is located in Weber County in northern Utah, approximately 35 miles north of Salt Lake City.

The headquarters serves as both the main administrative center and a full-service branch location for members in the Ogden area. The Harrison Boulevard location provides convenient access to members throughout Weber County.

Question 4

Where does Ascent Credit Union (ACU) operate?

Accepted Answer

Ascent Credit Union operates throughout Weber County and surrounding areas in northern Utah. The credit union maintains multiple branch locations serving the region:
• Ogden - Harrison Boulevard headquarters location
• North Ogden - Branch serving northern Weber County
• Roy - Branch serving the Roy community
• Weber State University - Campus branch located in the Shepherd Union Building, serving students, faculty, and staff

The credit union's community charter allows it to serve residents and workers throughout its defined service area. Members also have access to shared branching networks nationwide, providing convenient account access when traveling.

Branch hours are typically 9:00 AM to 6:00 PM Monday through Friday, with Saturday hours from 9:00 AM to 1:00 PM at select locations.

Question 5

What services does Ascent Credit Union (ACU) offer?

Accepted Answer

Ascent Credit Union provides a comprehensive range of financial products and services designed to help members manage their finances effectively:

Deposit Accounts: Share savings accounts, checking accounts, money market accounts, and certificates of deposit with competitive dividend rates.

Lending Services: Personal loans, auto loans (new and used vehicles), mortgage loans, home equity loans, credit cards, and business loans. The credit union emphasizes competitive rates and flexible terms.

Digital Banking: Mobile banking apps for iOS and Android devices, online banking platform with 24/7 account access, mobile check deposit, electronic bill pay, account transfers, and e-statements for convenient and secure transactions.

Business Services: Business lending products, commercial accounts, and financial services tailored to small businesses and organizations.

Financial Education: Financial counseling, education programs, and resources to help members build financial literacy and make informed money decisions.

Additional Services: ATM access, wire transfers, notary services, and personalized financial guidance from experienced staff members.

The credit union emphasizes making financial management "easy, quick, and stress-free" for all members.

Question 6

What makes Ascent Credit Union (ACU) unique?

Accepted Answer

Ascent Credit Union distinguishes itself through its nearly 70-year connection to Weber State University and its commitment to educational values. Originally founded as Weber College Employees Federal Credit Union, the institution has maintained strong ties to the university community while expanding to serve broader populations in Weber County.

The credit union's mission to "inspire upward financial success" reflects both its educational heritage and its focus on helping members achieve their dreams. This upward trajectory is embedded in the institution's name and values.

Ascent Credit Union has maintained financial stability and sound management throughout its history, earning BBB accreditation since 1993 and an A+ rating. The credit union's volunteer Board of Directors, elected by the membership, ensures democratic governance focused on member interests.

The planned 2026 merger with Goldenwest Credit Union represents a strategic decision to enhance member value while honoring heritage. The restoration of the Weber State Credit Union name demonstrates commitment to the university community and reflects the institution's roots. The merger will provide expanded access to 51 additional branches across Utah and Idaho, more products and services, and greater resources while maintaining the local, member-focused approach.

Question 7

What type of financial institution is Ascent Credit Union (ACU)?

Accepted Answer

Ascent Credit Union is a federally chartered credit union regulated by the National Credit Union Administration (NCUA). The credit union holds federal charter number 11520 and operates under federal credit union regulations as part of NCUA Region 3.

Originally chartered with a select employee group (SEG) membership serving Weber State University employees, students, and alumni, the credit union has expanded its charter to serve broader community needs while maintaining its educational focus. Membership is available to individuals who meet the credit union's field of membership requirements, including university affiliates and residents of the defined service area.

As a member-owned financial cooperative, Ascent Credit Union operates on a not-for-profit basis, with earnings returned to members through competitive rates, lower fees, and enhanced services. Each member has equal voting rights regardless of account size, ensuring democratic control of the institution.

Member deposits are federally insured by the NCUA up to $250,000 per depositor, providing the same level of protection as FDIC insurance at banks. The credit union maintains a strong capital position with a net worth ratio of 9.11%, demonstrating financial stability and security for its members.

Question 8

What is the planned merger with Goldenwest Credit Union?

Accepted Answer

In November 2025, Ascent Credit Union and Goldenwest Credit Union announced their intent to merge, with completion anticipated in 2026. This strategic merger will create one of the strongest credit unions in Utah and Idaho, with 55 branches, approximately $3.975 billion in assets, and more than 215,000 members.

Both organizations were founded in Ogden and remain headquartered in Weber County, sharing solid financial foundations and deep commitment to serving their communities. Following the merger, the combined organization will operate as Weber State Credit Union, a division of Goldenwest, honoring the heritage of the original 1957 founding and strengthening the relationship with Weber State University.

For Ascent members, the merger will provide expanded branch access to 51 additional locations across Utah and Idaho, a wider portfolio of deposit, lending, insurance, and investment products, and greater resources while maintaining the local community focus. Ascent members will have the opportunity to vote on the proposed merger before it is finalized.

The merger reflects the credit union movement's core principle of "People Helping People" and represents a natural extension of the shared history and values of both institutions in serving Weber County and the broader region.

Ascent Credit Union (ACU)

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About Ascent Credit Union (ACU) in the United States