Metro Hub
Banks in Salt Lake City, UT
Current FDIC-insured banks headquartered in the Salt Lake City, UT metropolitan area
Data as of Q2 2026 call reports. Banks that no longer file, such as acquired banks, are not listed.
Every FDIC-insured bank with headquarters in the Salt Lake City, UT metro area that still files, with the most recent quarterly call report data: total assets, deposits, capital ratios, asset quality, and profitability. The full metro area covered is Salt Lake City-Murray, UT.
Looking for branch locations rather than headquarters? See every bank with a branch in Salt Lake City, UT.
The Salt Lake City, UT metro area is home to 31 FDIC-insured banks, holding $1.33T in combined assets and $1.02T in deposits. The largest is Morgan Stanley Bank, N.A. ($419.32B), about 32% of the group's total banking assets, followed by American Express National Bank and Ally Bank. Across these banks, the median return on assets is 1.78% and the median CET1 capital ratio is 13.65%.
Largest by Assets
All banks in Salt Lake City, UT
31 institutions with the latest quarterly call report metrics: capital, profitability, and asset quality.
NM: not meaningful, the ratio is outside a plausible range.
Select a column heading to sort the list.
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $419.32B | 1.46% | 1.34% | 37.1% | 18.25% | 0.47% | 1.3% |
| American Express National Bank | Sandy, UT | $213.95B | 3.61% | 8.22% | 72.9% | 10.86% | 0.63% | 4.4% |
| Ally Bank | Sandy, UT | $188.18B | 1.29% | 4.12% | 48.0% | 12.30% | 0.85% | 6.4% |
| UBS Bank USA, N.A. | Salt Lake City, UT | $124.44B | 1.14% | 1.95% | 24.6% | 26.74% | 0.12% | 1.2% |
| Synchrony Bank | Draper, UT | $115.22B | 3.07% | 11.75% | 37.5% | 14.35% | 2.04% | 8.3% |
| Zions Bancorporation, N.A. | Salt Lake City, UT | $89.04B | 1.99% | 3.21% | 58.8% | 11.83% | 0.47% | 4.0% |
| SoFi Bank, N.A. | Cottonwood Heights, UT | $56.82B | 1.95% | 6.12% | 67.4% | 15.17% | 0.08% | 0.5% |
| Sallie Mae Bank | Salt Lake City, UT | $28.54B | 1.17% | 4.95% | 41.9% | 11.78% | 0.65% | 3.2% |
| Optum Bank, Inc. | Draper, UT | $21.43B | 2.14% | 4.33% | 28.2% | 17.86% | 0.21% | 1.2% |
| Comenity Capital Bank | Draper, UT | $13.86B | 1.55% | 17.25% | 55.8% | 12.52% | 3.21% | 12.3% |
| BMW Bank of North America | Salt Lake City, UT | $13.80B | 2.31% | 3.05% | 17.0% | 13.65% | 0.09% | 0.5% |
| WEX Bank | Sandy, UT | $10.71B | 4.61% | 10.92% | 56.5% | 12.70% | 0.44% | 2.1% |
| Merrick Bank | South Jordan, UT | $9.13B | 1.78% | 16.83% | 33.2% | 16.80% | 3.52% | 10.8% |
| Celtic Bank Corporation | Salt Lake City, UT | $5.33B | 3.57% | 5.86% | 33.8% | — | 3.63% | 16.7% |
| Sunwest Bank | Sandy, UT | $4.41B | 1.57% | 4.25% | 63.0% | 10.40% | 0.60% | 4.5% |
| Nelnet Bank | Draper, UT | $3.00B | 1.27% | 2.74% | 40.0% | — | 2.17% | 0.8% |
| WebBank | Salt Lake City, UT | $2.86B | 5.00% | 17.03% | 62.7% | 18.10% | 0.51% | 2.5% |
| Medallion Bank | Salt Lake City, UT | $2.83B | 2.38% | 8.52% | 27.5% | 13.12% | 0.45% | 2.1% |
| Square Financial Services, Inc. | Salt Lake City, UT | $2.06B | NM | NM | 16.2% | NM | 0.67% | 0.6% |
| Finwise Bank | Murray, UT | $915.5M | 1.34% | 13.64% | 51.4% | — | 5.11% | 9.0% |
| Thrivent Bank | Salt Lake City, UT | $905.6M | -2.38% | 4.74% | 156.0% | NM | 0.26% | 0.5% |
| First Utah Bank | Salt Lake City, UT | $840.3M | 0.71% | 4.63% | 55.7% | — | 6.39% | 24.0% |
| The Pitney Bowes Bank Inc. | Salt Lake City, UT | $796.3M | 5.18% | 7.21% | 32.5% | — | 0.44% | 2.4% |
| First Electronic Bank | Salt Lake City, UT | $502.9M | NM | NM | 43.6% | NM | 0.01% | 0.0% |
| Milestone Bank | Salt Lake City, UT | $342.2M | 0.91% | 5.43% | 61.9% | — | 5.32% | 24.8% |
| Varo Bank, N.A. | Draper, UT | $337.8M | NM | 6.35% | 131.8% | — | 0.42% | 0.6% |
| Brighton Bank | Salt Lake City, UT | $321.6M | 2.08% | 4.85% | 58.1% | — | 0.49% | 3.0% |
| Continental Bank | Salt Lake City, UT | $181.8M | 3.42% | 4.97% | 61.4% | 19.47% | 0.98% | 4.5% |
| Home Savings Bank | Salt Lake City, UT | $108.8M | 0.85% | 4.01% | 67.1% | — | 0.00% | 0.0% |
| Redemption Bank | Salt Lake City, UT | $77.5M | 0.56% | 5.95% | 86.3% | — | 0.38% | 1.5% |
| Liberty Bank, Inc. | Salt Lake City, UT | $11.4M | NM | 0.62% | NM | NM | — | 0.0% |
Definitions: return on assets (ROA), net interest margin (NIM), efficiency ratio (Eff.), CET1 capital ratio, nonperforming loan ratio (NPL) and Texas ratio. A blank or NM value sorts last.
Other metro areas
Data sourced from FFIEC call reports. See /data-updates/ for the full refresh schedule.
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