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President's Message - January 2024

By Wasatch Peaks on Jan 12, 2024 3:08:59 PM

I want to congratulate everyone on making it through 2023 and wish you all a happy and prosperous 2024. Last year was quite the rollercoaster ride. We saw interest rates continue to climb during the first half of the year. The Prime interest rate currently sits at 8.50%...a full 5% higher than in March of 2022. This unprecedented increase was in response to high inflation brought on by pent up demand and supply chain issues caused in large part by the pandemic. All of us have felt the sting of inflation when shopping for just about anything. Inflation has come down to just over 3% in November, prompting the Federal Reserve Board to pause interest rate hikes and to actually start talking about rate cuts in 2024. 

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Chamber of commerce Anniversary

By Wasatch Peaks on Apr 6, 2023 4:49:25 PM

The Ogden-Weber Chamber of Commerce recognizes achievements of the local business community each year at Weber County’s premier business event, the Annual Gala.

Topics: wasatch peaks credit union
1 min read

Thank You For Warming The Soles

By Wasatch Peaks on Jan 17, 2023 10:49:50 AM

Warm the Soles is made possible by the donations from our members and businesses, and the hard work of our employees. This year, we broke all previous donation records and were able to raise over $51,240 in donations! This provided 1,300 pairs of shoes for children at 12 local elementary schools.   A special thanks to all of our businesses members that donated to Warm the Soles this year! Your donations help children in our community receive new shoes each December. 

Topics: wasatch peaks credit union Warm the Soles

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