State Hub
Banks in Utah
All FDIC-insured banks headquartered in Utah
Every FDIC-insured commercial bank headquartered in Utah, with the most recent quarterly call report data — total assets, deposits, capital ratios, asset quality, and profitability. Click any bank for the full performance profile.
Utah is home to 44 FDIC-insured banks headquartered in the state, with $1.32T in combined assets and $1.02T in deposits. The largest is Morgan Stanley Bank, N.A. ($391.31B) — about 30% of the group's total banking assets , followed by American Express National Bank and Ally Bank . Across these banks, the asset-weighted return on assets is 2.00% and the median CET1 capital ratio is 15.48% .
Banks
44
Total Assets
$1.32T
Total Deposits
$1.02T
Avg ROA
2.00%
Median CET1
15.48%
Largest by Assets
| Bank | HQ | Assets | ROA | NIM | Eff. | CET1 | NPL | Texas |
|---|---|---|---|---|---|---|---|---|
| MORGAN STANLEY BANK, N.A. | SALT LAKE CITY , UT | $391.31B | 1.38% | 1.40% | 36.5% | 19.54% | 1.21% | 3.2% |
| AMERICAN EXPRESS NATIONAL BANK | SANDY , UT | $217.57B | 3.67% | 8.17% | 70.6% | 10.96% | 2.12% | 16.7% |
| ALLY BANK | SANDY , UT | $185.66B | 1.11% | 3.96% | 50.0% | 12.38% | 1.52% | 11.2% |
| UBS BANK USA, NATIONAL ASSOCIATION | SALT LAKE CITY , UT | $122.26B | 1.06% | 1.98% | 28.1% | 26.46% | 0.13% | 1.2% |
| SYNCHRONY BANK | DRAPER , UT | $114.86B | 2.62% | 11.88% | 35.9% | 14.22% | 1.04% | 13.4% |
| ZIONS BANCORPORATION, NATIONAL ASSOCIATION | SALT LAKE CITY , UT | $87.96B | 1.03% | 3.18% | 63.3% | 11.56% | 1.35% | 12.3% |
| SOFI BANK, NATIONAL ASSOCIATION | COTTONWOOD HEIGHTS , UT | $49.67B | 2.04% | 5.96% | 67.0% | 15.29% | 0.01% | 0.6% |
| SALLIE MAE BANK | SALT LAKE CITY , UT | $29.46B | 4.31% | 5.40% | 26.4% | 12.36% | 1.97% | 13.1% |
| OPTUM BANK, INC. | DRAPER , UT | $21.00B | 2.86% | 4.34% | 23.3% | 17.52% | 0.04% | 1.2% |
| COMENITY CAPITAL BANK | DRAPER , UT | $13.31B | 1.78% | 17.85% | 54.5% | 13.45% | 1.42% | 19.1% |
| BMW BANK OF NORTH AMERICA | SALT LAKE CITY , UT | $13.01B | 2.22% | 2.94% | 17.3% | 14.88% | 0.08% | 0.4% |
| HAPPEN BANK, NATIONAL ASSOCIATION | LEHI , UT | $11.85B | 1.76% | 6.26% | 73.1% | 15.48% | 1.40% | 6.5% |
| WEX BANK | SANDY , UT | $9.53B | 4.03% | 10.29% | 58.2% | 12.90% | 0.06% | 3.6% |
| MERRICK BANK | SOUTH JORDAN , UT | $8.93B | 3.24% | 16.58% | 31.6% | 17.81% | 1.27% | 14.1% |
| GREEN DOT BANK | PROVO , UT | $5.87B | 1.81% | 5.97% | 91.7% | 31.35% | 2.30% | 0.5% |
| CELTIC BANK CORPORATION | SALT LAKE CITY , UT | $4.97B | 3.32% | 5.98% | 32.6% | — | 3.11% | 13.7% |
| SUNWEST BANK | SANDY , UT | $4.27B | 1.73% | 4.27% | 60.2% | 10.11% | 0.65% | 4.9% |
| BANK OF UTAH | OGDEN , UT | $3.73B | 1.36% | 3.79% | 52.1% | 16.56% | 0.09% | 0.5% |
| CACHE VALLEY BANK | LOGAN , UT | $3.50B | 1.87% | 4.25% | 40.1% | 11.93% | 0.38% | 3.1% |
| STATE BANK OF SOUTHERN UTAH | CEDAR CITY , UT | $2.67B | 1.82% | 4.21% | 44.2% | — | 0.54% | 3.3% |
| MEDALLION BANK | SALT LAKE CITY , UT | $2.65B | 2.02% | 8.35% | 27.9% | 13.74% | 0.46% | 2.1% |
| WEBBANK | SALT LAKE CITY , UT | $2.59B | 4.63% | 15.84% | 63.6% | 18.57% | 0.10% | 2.6% |
| NELNET BANK | DRAPER , UT | $2.52B | 1.12% | 3.19% | 32.0% | — | 0.10% | 7.0% |
| CENTRAL BANK | PROVO , UT | $2.15B | 1.93% | 4.82% | 48.1% | — | 0.21% | 3.1% |
| SQUARE FINANCIAL SERVICES, INC. | SALT LAKE CITY , UT | $1.80B | 35.92% | 38.76% | 14.6% | 99.84% | 0.97% | 0.9% |
| TRANSPORTATION ALLIANCE BANK, INC. DBA TAB BANK | OGDEN , UT | $1.59B | 0.59% | 6.39% | 62.8% | — | 3.19% | 20.4% |
| QUILL BANK | PROVO , UT | $1.50B | 5.25% | 16.76% | 31.2% | 16.08% | 3.66% | 17.5% |
| WELLS FARGO TRUST COMPANY, NATIONAL ASSOCIATION | OGDEN , UT | $1.32B | 1.91% | 3.65% | 4.2% | 382.40% | — | 0.0% |
| PRIME ALLIANCE BANK | WOODS CROSS , UT | $1.06B | 3.65% | 4.86% | 22.4% | 12.59% | 1.72% | 10.4% |
| THRIVENT BANK | SALT LAKE CITY , UT | $967.1M | -0.49% | 4.84% | 103.4% | 55.81% | 0.29% | 0.5% |
| FINWISE BANK | MURRAY , UT | $889.8M | 1.53% | 12.59% | 63.7% | — | 7.04% | 25.8% |
| FIRST UTAH BANK | SALT LAKE CITY , UT | $846.5M | 0.77% | 4.33% | 67.9% | 11.86% | 6.57% | 47.3% |
| PITNEY BOWES BANK INC., THE | SALT LAKE CITY , UT | $832.7M | 5.30% | 7.81% | 31.5% | — | 0.74% | 4.1% |
| GRAND VALLEY BANK | HEBER CITY , UT | $597.4M | 1.12% | 3.63% | 60.7% | — | 0.02% | 0.1% |
| FIRST ELECTRONIC BANK | SALT LAKE CITY , UT | $429.3M | 6.60% | 14.38% | 49.0% | 115.23% | 0.00% | 0.0% |
| VARO BANK, NATIONAL ASSOCIATION | DRAPER , UT | $374.3M | -25.45% | 6.10% | 130.3% | — | 0.00% | 0.6% |
| MILESTONE BANK | SALT LAKE CITY , UT | $360.5M | 0.48% | 5.65% | 57.2% | — | 5.21% | 26.3% |
| BRIGHTON BANK | SALT LAKE CITY , UT | $317.1M | 1.65% | 4.71% | 65.5% | — | 0.97% | 5.9% |
| CONTINENTAL BANK | SALT LAKE CITY , UT | $180.7M | 1.86% | 4.86% | 72.5% | 18.83% | 2.03% | 10.1% |
| UTAH INDEPENDENT BANK | SALINA , UT | $163.0M | 3.46% | 7.02% | 44.6% | — | 1.78% | 7.5% |
| HOME SAVINGS BANK | SALT LAKE CITY , UT | $111.4M | 0.94% | 3.85% | 67.2% | — | 0.00% | 0.0% |
| REDEMPTION BANK | SALT LAKE CITY , UT | $71.6M | -1.20% | 4.76% | 118.1% | — | 2.40% | 8.6% |
| B2 BANK NATIONAL ASSOCIATION | HOLLADAY , UT | $62.0M | -1.73% | 4.31% | 121.4% | — | 1.65% | 5.2% |
| LIBERTY BANK, INC. | SALT LAKE CITY , UT | $12.4M | -8.50% | 0.50% | 2225.0% | 102.22% | — | 0.0% |
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Utah bank rankings
See Utah banks ranked by the metrics that matter — size, profitability, capital, asset quality, and funding.
Largest Utah banks by assets Largest by deposits Highest ROA (return on assets) Highest ROE (return on equity) Highest net interest margin Highest CET1 capital ratio Highest leverage ratio Lowest Texas Ratio (safest) Highest Texas Ratio (riskiest) Highest uninsured-deposit ratio Highest loan-to-deposit ratio Most efficient (lowest efficiency ratio)
Data sourced from FFIEC call reports — current as of Q1 2026. See /data-updates/ for the full refresh schedule.
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