SALT LAKE CITY — Deseret First Credit Union said the Small Business Administration recently named it the top medium-sized lender in Utah for its guaranteed business loans.

According to the $419 million credit union, it was ranked first in the category of financial institutions in Utah with assets between $100 million and $1 billion. Nationally, Deseret First is also one of the largest lenders of its size for SBA-backed loans.

The credit union serves more than 50,000 members.

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