Branch Presence
Banks with Branches in Salt Lake City, UT
Morgan Stanley Bank, N.A. is the biggest bank in Salt Lake City, UT, with $268.75B in deposits at its Salt Lake City branches, 40.8% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Wells Fargo Bank, N.A. has the most branches here, with 12.
35 banks operate 93 branches in Salt Lake City, UT, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $658.27B held in Salt Lake City, UT, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Salt Lake City | Local deposits | Deposit share |
|---|---|---|---|
| Wells Fargo Bank, N.A. | 12 | $6.02B | 0.9% (#8) |
| Zions Bancorporation, N.A. | 11 | $9.67B | 1.5% (#6) |
| U.S. Bank N.A. | 10 | $2.46B | 0.4% (#11) |
| JPMorgan Chase Bank, N.A. | 8 | $21.72B | 3.3% (#4) |
| KeyBank N.A. | 8 | $2.95B | 0.4% (#10) |
| Bank of America, N.A. | 5 | $256.6M | <0.1% (#23) |
| WaFd Bank | 4 | $420.4M | <0.1% (#17) |
| Brighton Bank | 4 | $256.0M | <0.1% (#24) |
| Bank of Utah | 3 | $269.1M | <0.1% (#22) |
| First Utah Bank | 2 | $312.2M | <0.1% (#18) |
| BMO Bank N.A. | 2 | $283.5M | <0.1% (#20) |
| Morgan Stanley Bank, N.A. | 1 | $268.75B | 40.8% (#1) |
| Goldman Sachs Bank USA | 1 | $194.09B | 29.5% (#2) |
| UBS Bank USA, N.A. | 1 | $109.33B | 16.6% (#3) |
| Sallie Mae Bank | 1 | $20.33B | 3.1% (#5) |
| BMW Bank of North America | 1 | $9.52B | 1.4% (#7) |
| Celtic Bank Corporation | 1 | $3.90B | 0.6% (#9) |
| Medallion Bank | 1 | $2.30B | 0.3% (#12) |
| WebBank | 1 | $2.26B | 0.3% (#13) |
| The Pitney Bowes Bank Inc. | 1 | $676.4M | 0.1% (#14) |
| Square Financial Services, Inc. | 1 | $559.3M | <0.1% (#15) |
| Thrivent Bank | 1 | $548.1M | <0.1% (#16) |
| First Electronic Bank | 1 | $285.6M | <0.1% (#19) |
| Milestone Bank | 1 | $282.8M | <0.1% (#21) |
| Cache Valley Bank | 1 | $174.7M | <0.1% (#25) |
| Glacier Bank | 1 | $150.3M | <0.1% (#26) |
| Continental Bank | 1 | $141.0M | <0.1% (#27) |
| NBH Bank | 1 | $120.0M | <0.1% (#28) |
| Home Savings Bank | 1 | $76.4M | <0.1% (#29) |
| First American Trust, FSB | 1 | $69.4M | <0.1% (#30) |
| Redemption Bank | 1 | $62.9M | <0.1% (#31) |
| Liberty Bank, Inc. | 1 | $7.2M | <0.1% (#32) |
| Stride Bank, N.A. | 1 | $1.6M | <0.1% (#33) |
| Column N.A. | 1 | — | — |
| Regions Bank | 1 | — | — |
County deposit market: Salt Lake, UT
The $1.18T held across 56 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Salt Lake, UT market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Morgan Stanley Bank, N.A. | 22.9% | $268.75B | 1 |
| 2 | Goldman Sachs Bank USA | 16.5% | $194.09B | 2 |
| 3 | American Express National Bank | 14.6% | $171.55B | 1 |
| 4 | Ally Bank | 13.3% | $156.61B | 1 |
| 5 | UBS Bank USA, N.A. | 9.3% | $109.33B | 1 |
| 6 | Synchrony Bank | 7.3% | $85.97B | 1 |
| 7 | SoFi Bank, N.A. | 4.0% | $46.61B | 1 |
| 8 | JPMorgan Chase Bank, N.A. | 2.0% | $23.69B | 21 |
| 9 | Sallie Mae Bank | 1.7% | $20.33B | 1 |
| 10 | Optum Bank, Inc. | 1.4% | $16.52B | 1 |
Metro area deposit market: Salt Lake City, UT
The $1.18T held across 56 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Salt Lake City, UT market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | Morgan Stanley Bank, N.A. | 22.9% | $268.75B | 1 |
| 2 | Goldman Sachs Bank USA | 16.5% | $194.09B | 2 |
| 3 | American Express National Bank | 14.6% | $171.55B | 1 |
| 4 | Ally Bank | 13.3% | $156.61B | 1 |
| 5 | UBS Bank USA, N.A. | 9.3% | $109.33B | 1 |
| 6 | Synchrony Bank | 7.3% | $85.97B | 1 |
| 7 | SoFi Bank, N.A. | 4.0% | $46.61B | 1 |
| 8 | JPMorgan Chase Bank, N.A. | 2.0% | $23.69B | 22 |
| 9 | Sallie Mae Bank | 1.7% | $20.33B | 1 |
| 10 | Optum Bank, Inc. | 1.4% | $16.52B | 1 |
Banks in Salt Lake City: common questions
What is the biggest bank in Salt Lake City, UT?
Morgan Stanley Bank, N.A. is the biggest bank in Salt Lake City, UT, with $268.75B in deposits at its Salt Lake City branches, 40.8% of the city's total as of the June 30, 2026 FDIC Summary of Deposits. Wells Fargo Bank, N.A. has the most branches there, with 12.
How many banks are in Salt Lake City, UT?
35 FDIC-insured banks operate 93 branches in Salt Lake City, UT as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Salt Lake City, UT?
Ranked by deposits held in Salt Lake City branches as of the June 30, 2026 FDIC Summary of Deposits: 1. Morgan Stanley Bank, N.A. (40.8%); 2. Goldman Sachs Bank USA (29.5%); 3. UBS Bank USA, N.A. (16.6%); 4. JPMorgan Chase Bank, N.A. (3.3%); 5. Sallie Mae Bank (3.1%). The share is each bank's part of all deposits in the city.
Largest banks in Utah
For the state as a whole, see the largest banks in Utah, ranked by total assets and by deposits in Utah branches, or every bank in the Utah bank directory.
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.