Credit union · NCUA insured
Hercules First Federal Credit Union
A $164.4M credit union headquartered in Taylorsville, UT, with 8,725 members and 3 branches in Utah.
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Hercules First Federal Credit Union
Founded in 1946 as Bacchus Plant Credit Union by employees of the Hercules Bacchus Works in Salt Lake County, the institution initially operated with eight members and part-time staff.
Established during World War II to support plant workers, the cooperative is member-owned with profits returned through dividends and reinvested services.
- Headquarters
- 3141 W 4700 S, Taylorsville, UT 84129-2525
- NCUA charter
- 24902
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school in Salt Lake, Davis, Tooele, and Utah County are eligible for membership.
Family and household
- Immediate family members of current members are eligible for membership.
Other ways
- Businesses and other legal entities located in Salt Lake, Davis, Tooele, and Utah County are eligible for membership.
Cost to join
- Membership requires a $5 deposit into a share (savings) account.
Branches
3 branches in Utah
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Utah
3 branches
- Hercules Credit UnionMain office3141 W 4700 S, Taylorsville, UT 84129Directions
- Herriman Branch13238 S Rosecrest Rd, Herriman, UT 84096Directions
- Riverton Branch1543 W 12600 S, Riverton, UT 84065Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 9.00% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.00% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.56% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $107 | $76 | — |
- CapitalNet worth ratio9.00%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.00%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.56%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$107Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Hercules First Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.