Canyon View Credit Union

Canyon View Credit Union: a credit union serving Utah

Canyon View Credit Union is a credit union with a presence in Utah. Its approach is built around the member-owner model: the institution presents itself as a financial institution in which customers are also owners. It serves both individuals and businesses and operates through a network of 21 local branches, 30,000 ATMs nationwide, and 5,600 shared branches in the CO-OP network. The credit union states it serves 130,000 members.

Financial products and services

The institution structures its offering across several areas. In personal banking, it offers checking accounts (including options for youth and teens), savings accounts, certificates of deposit, money market accounts, individual retirement accounts (IRAs), high-yield savings accounts, and health savings accounts (HSAs). In lending, the portfolio includes personal loans, auto loans, boat loans, RV loans, instant loans, in-vitro loans, overdraft lines of credit, savings-secure loans, signature loans, and student loans. In the mortgage segment, there are first-time homebuyer loans, first mortgage loans, refinancing, construction loans, home equity loans, and home equity lines of credit (HELOC). It also offers VISA credit cards, including rewards cards, as well as gift and travel cards.

Digital banking and management tools

The credit union has digital banking and a mobile app that allow members to manage accounts, track spending, and transact in real time from phones, tablets, or Apple Watch. Available features include bill pay, sending money via Zelle, applying for loans, card management with alerts and lock, mobile check deposit, direct deposit, e-statements, wire transfers, the Round-Up savings service, and the ability to swap card subscriptions. The app also allows members to check their FICO score for free. Mobile payments with Apple Pay and Google Pay are supported.

Business services

The business area includes basic and money market business checking accounts, business savings accounts, health savings accounts, rewards business credit cards, lines of credit, SBA loans, commercial real estate loans, commercial construction loans, and vehicle and equipment financing. Complementary services include business online banking, the Autobooks tool, payroll services, merchant services, wire transfers, remote deposit capture, ACH deposit, and Tap to Pay.

Insurance, investments, and financial education

The institution offers auto, business, home, life, loan, and accidental death and dismemberment (AD&D) insurance products, as well as Medicare services. In the investment area, it has a financial partner and retirement planning services. It also provides financial calculators, credit and debt counseling, mortgage webinars, a blog, and a newsletter. For students, it offers private loans, a pay-for-grades program, and scholarships: the credit union states it awards $30,000 annually in scholarships.

Membership and eligibility

Membership in the credit union is presented as an ownership relationship: members own the institution. The institution offers an account switch kit and access to the CO-OP shared branch network. Deposits are protected by the NCUA up to at least $250,000. The credit union publishes its routing number (324079416) and its NMLS number (654272).

Rate catalog and current promotions on the site

The site shows a rate catalog that includes auto loans from 4.49% APR, 30-year mortgage from 5.99% (6.273% APR), VISA Rewards card from 11.99% APR, HELOC with introductory rate from 3.49% APR, personal loan from 12.24% APR, and certificates of deposit with yields up to 4.20% APY. It also announces a promotion of up to $700 for new members who use its services, a high-yield savings account with 7.00% APY on balances up to $2,500 with eligible activity, and rewards of up to 4x on gas with the rewards cards.

Location and contact

Phone: 801-481-8800 · Hours: Monday to Friday: 8:00 a.m. - 6:00 p.m. Saturday and Sunday: closed