Meet the Team at Wasatch Credit Association

David Nelson

NMLS #288433
David Nelson is the President of Wasatch Credit Association. David Nelson graduated from the University of Utah in 1982 with a Bachelor’s Degree in Organizational Communication, and from Utah State University in 1983 with a Bachelor’s Degree in Business Administration. David is the former President of KLM Capital, an Oregon-based commercial real estate lender. He was the President of KLM Capital from 2005-2012. Prior to that, he was president of DSN Inc., a firm that specialized in fixed income investments. David Nelson resides in Portland, Oregon where he enjoys working in his garden and restoring his 1967 Chevrolet Camaro.

Michael Nelson

Vice President
NMLS #1142138
Michael Nelson is the Regional Manager of our branches. Michael graduated from Brigham Young University-Idaho with his Bachelor’s Degree in Business Management with an emphasis in Finance. Michael is currently living in the Portland, Oregon area with his wife and two children. In his spare time, Michael enjoys playing basketball and exploring the outdoors.


Sherrie Nelson

Sherrie L. Nelson is currently the Chairman and CFO of Wasatch Credit Association. She is the former CFO of KLM Capital, and served in that position from 2005-2012. Sherrie grew up in Brigham City, Utah and attended Utah State University in Logan, but now resides in Portland, Oregon. She is the mother of three and has two grandchildren. In her free time, Sherrie enjoys practicing her impressive piano skills.


Ashley Bengtzen

Branch Manager
Ashley Bengtzen is the Branch Manager at the Bountiful, Utah branch. She received her degree from Weber State University. Ashley handles the day to day operations of the branch. Ashley grew up in Roy, UT and is currently living in the Salt Lake Valley. She enjoys exploring the outdoors and spending time with family.

The certificates are securities offered by Wasatch Credit Association. They are not insured by the FDIC or any federal or state governmental agency, are not secured by any assets of Wasatch Credit Association, its shareholders, or affiliates, and may be subject to investment risks, including the possible loss of principal value or amount invested.