Market Intelligence

Banks Headquartered in Utah

Institution deposit footprint ยท FDIC Summary of Deposits (SOD), June 30, 2026
InstitutionHeadquartersTotal assets
(SOD, 6/30/26)
Deposits (SOD, 6/30/26)Branches
(6/30/26)
In UTOutside UTTotal
Morgan Stanley Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$419.3B$268.8B$0$268.8B1
American Express National Bank(SOD Deposit Data as of 6/30/26)Sandy$213.9B$171.6B$0$171.6B1
Ally Bank(SOD Deposit Data as of 6/30/26)Sandy$188.2B$156.6B$0$156.6B1
UBS Bank USA(SOD Deposit Data as of 6/30/26)Salt Lake City$124.4B$109.3B$0$109.3B1
Synchrony Bank(SOD Deposit Data as of 6/30/26)Draper$115.2B$86.0B$0$86.0B2
Zions Bancorporation(SOD Deposit Data as of 6/30/26)Salt Lake City$89.0B$22.9B$53.7B$76.6B409
SoFi Bank(SOD Deposit Data as of 6/30/26)Cottonwood Heights$56.8B$46.6B$171.2M$46.8B4
Sallie Mae Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$28.5B$20.3B$0$20.3B1
Optum Bank, Inc.(SOD Deposit Data as of 6/30/26)Draper$21.4B$16.5B$0$16.5B1
Comenity Capital Bank(SOD Deposit Data as of 6/30/26)Draper$13.9B$11.0B$0$11.0B1
Happen Bank(SOD Deposit Data as of 6/30/26)Lehi$12.5B$10.9B$0$10.9B3
BMW Bank of North America(SOD Deposit Data as of 6/30/26)Salt Lake City$13.8B$9.5B$0$9.5B1
WEX Bank(SOD Deposit Data as of 6/30/26)Sandy$10.7B$7.9B$0$7.9B1
Merrick Bank(SOD Deposit Data as of 6/30/26)South Jordan$9.1B$7.4B$0$7.4B1
Green Dot Bank DBA Bonneville Bank(SOD Deposit Data as of 6/30/26)Provo$5.4B$5.0B$0$5.0B1
Celtic Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$5.3B$3.9B$0$3.9B1
Sunwest Bank(SOD Deposit Data as of 6/30/26)Sandy$4.4B$199.6M$3.2B$3.4B9
Cache Valley Bank(SOD Deposit Data as of 6/30/26)Logan$3.5B$3.0B$109.4M$3.1B24
Bank of Utah(SOD Deposit Data as of 6/30/26)Ogden$3.8B$3.0B$0$3.0B19
Nelnet Bank(SOD Deposit Data as of 6/30/26)Draper$3.0B$2.5B$0$2.5B1
State Bank of Southern Utah(SOD Deposit Data as of 6/30/26)Cedar City$2.7B$2.4B$0$2.4B17
Medallion Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$2.8B$2.3B$0$2.3B1
WebBank(SOD Deposit Data as of 6/30/26)Salt Lake City$2.9B$2.3B$0$2.3B1
Central Bank(SOD Deposit Data as of 6/30/26)Provo$2.2B$1.8B$0$1.8B13
Column(SOD Deposit Data as of 6/30/26)Salt Lake City$1.8B$0.0M$1.5B$1.5B2
Transportation Alliance Bank, Inc. d/b/a TAB Bank(SOD Deposit Data as of 6/30/26)Ogden$1.6B$1.4B$0$1.4B1
Quill Bank(SOD Deposit Data as of 6/30/26)Provo$1.6B$1.3B$0$1.3B8
Prime Alliance Bank(SOD Deposit Data as of 6/30/26)Woods Cross$1.1B$966.1M$0$966.1M1
FinWise Bank(SOD Deposit Data as of 6/30/26)Murray$915.5M$723.0M$0$723.0M2
First Utah Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$840.3M$688.5M$0$688.5M7
The Pitney Bowes Bank, Inc.(SOD Deposit Data as of 6/30/26)Salt Lake City$796.3M$676.4M$0$676.4M1
Square Financial Services, Inc.(SOD Deposit Data as of 6/30/26)Salt Lake City$2.1B$559.3M$0$559.3M1
Thrivent Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$905.6M$548.1M$0$548.1M1
Grand Valley Bank(SOD Deposit Data as of 6/30/26)Heber City$599.4M$173.9M$367.4M$541.3M9
First Electronic Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$502.9M$285.6M$0$285.6M1
Milestone Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$342.2M$282.8M$0$282.8M1
Brighton Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$321.6M$278.8M$0$278.8M5
Varo Bank(SOD Deposit Data as of 6/30/26)Draper$337.8M$209.8M$0$209.8M1
Continental Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$181.8M$141.0M$0$141.0M1
B2 Bank(SOD Deposit Data as of 6/30/26)Holladay$114.6M$72.6M$31.2M$103.8M3
Home Savings Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$108.8M$76.4M$0$76.4M1
Redemption Bank(SOD Deposit Data as of 6/30/26)Salt Lake City$77.5M$62.9M$0$62.9M1
Liberty Bank, Inc.(SOD Deposit Data as of 6/30/26)Salt Lake City$11.4M$7.2M$0$7.2M1

Recruiting banking talent in Utah

The Executive Recruiter Group conducts searches for community and regional banks in Utah and nationwide, from commercial lenders and private bankers to executive leadership.

See how we help banks recruit commercial banking talent

Banks are listed by the headquarters reported to the FDIC, ordered by total SOD deposits, largest first. In-state figures are deposits assigned to branches located in Utah; the Outside column is the remainder of the institution’s footprint. An institution headquartered in Utah may operate branches in other states, and banks headquartered elsewhere may operate here. This directory covers the 3,393 FDIC-insured institutions reporting at least one branch in the 1,523 counties within a Combined or Metropolitan Statistical Area, per the FDIC Summary of Deposits, June 30, 2026. It is not a census of every U.S. institution. Total assets are the figure each institution carries in that same SOD; deposits shown are total SOD deposits across every county where the institution reports a branch. See the methodology for how each figure is built, or the disclaimer for how this data should, and should not, be read.

Institutions are named on this page solely to describe publicly reported FDIC data. A listing does not imply any affiliation between any institution and The Executive Recruiter Group, or endorsement by either.