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Branch Network

Nelnet Bank Locations & Branches Draper, Utah

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Nelnet Bank operates 1 branch from its headquarters in Draper, UT, .

Nelnet Bank branch network

Its one office is in Draper, UTAH. It had the same number of branches on June 30, 2025.

Nelnet Bank at a glance

It reports no CET1 ratio; its Tier 1 leverage ratio was 15.94% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.

Total assets, Q2 2026
$3.00B
Tier 1 leverage ratio, Q2 2026
15.94%
Deposit insurance
FDIC
Regulator
FDIC
Established
2020

Full financial profile · Is Nelnet Bank safe? · Routing number

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Deposit market share

Share of all FDIC-insured deposits held in each area, from the June 30, 2026 Summary of Deposits. Rank 1 is the largest holder. Shares are by bank charter, not by holding company.

Area Rank Deposit share Deposits
City: Draper, UT (1 branch) 4 of 14 2.1% $2.51B
State: UT (1 branch) 25 of 63 0.2% $2.51B

Ranked by total assets among banks headquartered in the state: Largest banks in Utah.

Share by county and metro area

Nelnet Bank's share of FDIC-insured deposits in the counties and metro areas where it has branches, from the June 30, 2026 Summary of Deposits. Up to the ten largest of each are shown, by the bank's deposits. Rank 1 is the largest holder. Banks only: credit unions are not in the Summary of Deposits.

Counties

County Rank Deposit share Deposits County total
Salt Lake, UT (1 branch) 20 of 56 0.2% $2.51B $1.18T

Metro areas

Metro area Rank Deposit share Deposits Metro total
Salt Lake City, UT (1 branch) 20 of 56 0.2% $2.51B $1.18T
Branch Location ZIP Deposits
Nelnet Bank (main office)
Draper, UT
84020 $2.51B

Source: FDIC Summary of Deposits, June 30, 2026. How the survey works.