Deposits at United Savings Bank increased 17 percent in the first nine months of 1988 compared to the same period a year ago, according to Paul Neuenschwander, president of the Ogden-based institution.

He said United Savings accrued $30 million in deposits in the nine months, which includes time deposits, savings accounts, money market accounts, NOW and Super NOW accounts.The increase,he said, was due to the institution's savings accounts, a strengthening economy and a continued showing of net worth to total assets ratio that is one of the strongest of any savings institution in the region.

Assets at United Savings total $243 million, a 17.6 percent increase since Jan. 1, 1988. The robust growth rate reflects some of the company's lending on construction and development projects, an area United Savings will concentrate on in 1989.

Neuenschwander said mortgage loans for the nine months totaled $15 million, a 33.9 percent increase. Students loans totaled $878,402, a 33.1 percent increase.

Neuenschwander said the United Savings/Western Mortgage family of companies services nearly 45,000 mortgage loans. Its net worth to total assets ratio of 11.17 percent is about 2.5 times stronger than the national average for savings and loan institutions and nearly twice as strong as the federal goal of 6 percent.