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Varex Federal Credit Union is a member-owned financial institution serving employees of Varex Imaging Corporation in Salt Lake City, offering savings accounts, loans, and e-services with NCUA insurance.
Data compiled from public sources
Varex Federal Credit Union is a federally chartered credit union serving the workforce of Varex Imaging Corporation, with a physical branch located on the south end of the company's Salt Lake plant in Salt Lake City, Utah. As a member-owned, not-for-profit institution, it operates under NCUA (National Credit Union Administration) federal insurance, providing members with deposit protection up to at least $250,000. The credit union has been established to provide accessible financial services to its membership base, with leadership including President/CEO Tammy Phillips.
Varex Federal Credit Union offers a range of consumer and member financial products, including share savings accounts, share certificates, personal loans, credit cards, debit cards, and e-banking services through their Flex-Teller online platform. The institution distinguishes itself through personalized service with dedicated staff contacts for different member needs—loan officers, account staff context, and youth banking coordinators—and maintains accessible branch hours with extended Friday service until 5:00 PM. Additionally, members have access to CO-OP Shared Branch network locations beyond the primary branch, expanding convenience across multiple locations.
The credit union represents a traditional member-focused alternative to commercial banks, emphasizing direct relationships and employee-centric financial solutions rather than profit maximization, though as a smaller, employer-affiliated institution, it may have more limited product offerings and geographic reach compared to larger financial institutions.
This is state-level context for Credit Unions consumers in Salt Lake City, UT. It does not confirm that Varex or this specific location is licensed.
State regulator
Utah Department of Financial Institutions
Consumer protection
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Varex offers 12 services including Share savings accounts (NCUA-insured), Share certificates, Personal loans, Credit cards (VISA), Debit cards, and 7 more.
Varex has profile signals associated with Varex Imaging Corporation employees seeking employer-affiliated financial services, Members prioritizing NCUA-insured savings and member-owned institution values, Salt Lake City-area residents with access to CO-OP Shared Branch network.
Key strengths: NCUA federal insurance protection for savings up to at least $250,000; Member-owned, not-for-profit structure means profits returned to members rather than shareholders; Dedicated loan department with direct contact email for inquiries. Areas to consider: Limited to single physical branch location in Salt Lake City, Utah; Employer-affiliated membership may restrict eligibility to Varex Imaging Corporation employees and families.
In the Credit Unions category, comparable providers include Alpine, America First, Beckstrand and Associates. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
CreditDoc Profile Note
Varex Federal Credit Union is best suited for Varex Imaging Corporation employees and their families seeking member-owned financial services with NCUA insurance and personalized service. The main caveat is that membership appears to be employer-affiliated and geographically limited to a single Salt Lake City location, with limited digital presence making it challenging to assess full product offerings and rates online.
Alpine Credit Union is a member-owned financial cooperative serving Utah with comprehensive banking, lending, and investment services across six local branches.
Profile signals: Utah residents seeking community-based banking with physical branch access and personalized service, Small business owners needing integrated business banking, payment processing, and lending relationships
American First Credit Union is a member-owned, not-for-profit financial cooperative serving consumers and businesses since 1952, offering checking, savings, loans, and digital banking services.
Profile signals: Individuals seeking lower-cost financial services through member-owned cooperative structure, Consumers needing comprehensive lending products (auto, home, personal) from a single institution
CUScore is a free directory and comparison tool for finding federally insured credit unions across America, featuring NCUA financial data, health scores, and branch locations for 4,374 institutions.
Profile signals: Consumers researching credit union options and comparing institutions before membership application, First-time credit union members seeking to understand differences between credit unions and traditional banks
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