Established for the Working Men and Women of Utah
Not for Profit but for Service
Hercules First Federal Credit Union is a non profit credit union. Since 1946 we have worked to improve the lives of our members and neighbors in our community by offering high quality financial services.
Our Credit Union was started and directed by hard working men who worked at the Hercules Bacchus Works in western Salt Lake County. Hercules Bachus Works started out making dynamite over 100 years ago, in 1913, and has contributed to the success of western mining by being a major supplier of dynamite. The Salt Lake plant was a major supplier of gun and rocket propellants during WWII and the post-WWII era.
Originally called the Bachus Plant Credit Union, the Hercules First Federal Credit Union has been providing financial opportunities for its members since 1946. Our founders had a vision of a cooperative financial institution providing banking services that have consistently provided a fair return of interest on savings and low cost loans to its members. Beginning with just eight members and a small part-time staff, Hercules First Federal Credit Union today has become a full service financial institution with thousands of loyal members.
Hercules First Federal Credit Union carries on its tradition of changing and expanding services as members needs grow and change. The staff, directors and volunteers at Hercules First Federal Credit Union are dedicated professionals who support and share the credit union philosophy of “people helping people.”
What Makes Us Different?
Your credit union is different from other financial institutions. The credit union is a non profit organization. This means that your volunteer Board of Directors strive to ensure that each member and not uninterested stockholders or corporations, receives a fair interest on his/her account(s). Members can look forward to a portion of non-operational funds returned to them in the form of:
- Increased rates on savings accounts
- Quality services
- Lower interest rates on loans
- Lower fees
The Credit Union’s success is your success. Our best interests and your best interests are perfectly aligned in a way a bank never could be.
Why Choose Hercules?
As today’s financial world becomes even more complex, why not plan for your future by investing in yourself? By utilizing the services of the Credit Union, you are ensured a sound, lasting return on your investment.
This website is designed to help you understand the many products and services available to you, the Hercules First Federal Credit Union member. If you have additional questions, please contact one of our staff.
We are here to serve you!