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Bank Events in Utah

Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Utah (UT).

27
Failures
287
Mergers
87
Enforcement
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Bank Directory
All Utah banks

Failures in Utah

Date Bank City Assets Acquirer or resolution
Mar 3, 2017 Proficio Bank Cottonwood Heights $68.2M Cache Valley Bank
Nov 4, 2011 Sunfirst Bank Saint George $198.1M Cache Valley Bank
Mar 19, 2010 Advanta Bank Corp. Draper $1.53B —
Mar 5, 2010 Centennial Bank Ogden $212.8M —
Jan 15, 2010 Barnes Banking Company Kaysville $709.2M —
May 1, 2009 America West Bank Layton $281.6M Cache Valley Bank
Jan 30, 2009 Magnet Bank Salt Lake City $300.7M —
Jun 25, 2004 Bank of Ephraim Ephraim $56.8M Far West Bank
Jul 5, 1990 Home SB, FSB Salt Lake City $12.8M Zions First NB
Jan 26, 1990 Williamsburg FS & La Salt Lake City $310.5M Branch sale
Feb 17, 1989 American S & La Salt Lake City $2.18B Pacific First FSB
Feb 17, 1989 Mountainwest S & L Assoc. Ogden $241.5M Mountainwest Financial
Feb 10, 1989 Deseret S & L Assoc. Salt Lake City $159.3M Zions First NB
Sep 21, 1988 Mountainwest S&LA Ogden $284.5M —
May 27, 1988 Sandy State Bank Sandy $8.9M Zions First National Ban
Feb 12, 1988 Basin State Bank Vernal $12.0M Zions First National Ban
Aug 28, 1987 Rocky Mountain State Bank Salt Lake City $18.6M Citibank Utah
Apr 29, 1987 Heritage Bank & Trust Salt Lake County $17.6M First Interstate BK of U
Apr 10, 1987 Bank of Iron County Parowan $19.8M Dixie State Bank
Apr 16, 1986 Summit S&LA Park City $210.7M —
Mar 28, 1986 Family Bank Ogden $28.0M Commercial Security Bank
Jan 24, 1986 Utah FirstBank Salt Lake City $38.5M Citibank Utah
Jan 24, 1986 Pioneer State Bank Salt Lake City $11.7M Zions First National Ban
Oct 18, 1985 The Citizens Bank Ogden $93.5M Commercial Security Bank
Apr 12, 1985 State S&LA Salt Lake City $639.0M —
Dec 4, 1984 Golden Spike State Bank Tremonton $7.8M Golden Spike Bank
Oct 10, 1969 The First National Bank of Coalville Coalville $6.6M —

Mergers & Acquisitions involving Utah banks

Date Acquired (UT) Acquirer
Oct 1, 2013 Newspaper Employees Credit Union American United Federal Credit Union
Oct 1, 2013 Usu Charter Federal Credit Union Goldenwest Federal Credit Union
Sep 1, 2013 St. Marks Employees Federal Credit Union Cyprus Federal Credit Union
Jul 1, 2013 Summitone Federal Credit Union Wasatch Peaks Federal Credit Union
Apr 1, 2013 Sheet Metal Workers Local No. 312 Federal Credit Union Operating Engineers Local Union #3 Federal Credit Union
Aug 1, 2012 Pacific Rails Credit Union Cyprus Federal Credit Union
Jul 1, 2012 Peoples Electric Power Credit Union Utah Power Credit Union
Jul 1, 2012 Credit Union One Credit Union American United Federal Credit Union
May 1, 2012 Emsco Credit Union P & S Credit Union
Mar 30, 2012 Bonneville Bancorp Green Dot Corporation
Mar 1, 2012 Ogden Wonder Federal Credit Union Ascent Federal Credit Union
Jul 28, 2011 Salt Lake Regional Medical Center Employee's Federal Credit Union Health Care Credit Union
Jul 1, 2011 Weber Credit Union Wasatch Peaks Federal Credit Union
Apr 1, 2011 Salt Lake City V a F Federal Credit Union American United Federal Credit Union
Apr 1, 2011 Treasury Credit Union Federal Family Federal Credit Union
Nov 1, 2010 Big Valley Credit Union American United Federal Credit Union
Apr 1, 2010 Ifa Employees Federal Credit Union Mountain America Federal Credit Union
Feb 27, 2010 Deposit Insurance National Bank of Kaysville (unnamed)
Jan 1, 2010 Mountain High Community Federal Credit Union America First Federal Credit Union
Jan 1, 2010 Salt Lake County Employees Credit Union Mountain America Federal Credit Union
Sep 23, 2009 Zmfu, Inc. Zions Bancorporation
Jul 1, 2009 Merrill Lynch Bank USA Bank of America, N.A.
Jun 30, 2009 Zions Municipal Funding, Inc. Zions Bancorporation
May 1, 2009 Salt Lake Schools Credit Union Granite Federal Credit Union
Feb 1, 2009 The First National Bank of Morgan 1st Bank
Nov 28, 2008 Goldman Sachs Bank USA Goldman Sachs Bank USA
Nov 1, 2008 Intermountain Credit Union America First Federal Credit Union
Sep 26, 2008 Washington Mutual Bank FSB JPMorgan Chase Bank, N.A.
May 1, 2008 Salt Lake City Credit Union Mountain America Federal Credit Union
May 1, 2008 Georgia-Pacific Employees Federal Credit Union Mountain America Federal Credit Union
Mar 25, 2008 Home Credit Mortgage Corporation Home Credit Corporation
Mar 25, 2008 Home Credit Capital Corporation Home Credit Corporation
Jan 5, 2008 Primary Hospital Credit Union Health Care Credit Union
Jan 1, 2008 Balance Rock Credit Union Utah Power Credit Union
Oct 1, 2007 Salt Lake Wonder Federal Credit Union Utah First Federal Credit Union
Jul 1, 2007 Twin Peaks Credit Union Cyprus Federal Credit Union
Jul 1, 2007 Utah Valley Credit Union Utah First Federal Credit Union
Apr 1, 2007 Far West Bank AmericanWest Bank
Apr 1, 2007 Far West Bancorporation Americanwest Bancorporation
Jan 1, 2007 Bluesplus Federal Credit Union American United Federal Credit Union
Oct 1, 2006 Universal Financial Corp. Citibank (South Dakota), N.A.
Sep 1, 2006 First Security Service Company Ibid, Inc.
Sep 1, 2006 First Security Information Technology, Inc. Ibid, Inc.
Jun 30, 2006 Plumbers & Steamfitters Local 348 Federal Credit Union Goldenwest Federal Credit Union
Apr 1, 2006 Wasco Credit Union Utah Community Federal Credit Union
Mar 17, 2006 Asset Recovery, Inc. Ibid, Inc.
Dec 31, 2005 Heber Valley National Bank Grand Valley Bank
Sep 16, 2005 Associates Capital Bank, Inc. Citibank USA, N.A.
Jul 30, 2005 American Investment Bank, N.A. American Investment Holdings, Inc.
Jun 10, 2005 First Security Business Investment Corporation Ibid, Inc.