Grand Valley Bank

2 South Main Street
Heber City, UT 84032
1-877-859-6040
www.grandvalleybank.com

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Grand Valley Bank is headquartered in Heber City and is the 30^th largest bank in the state of Utah. It is also the 2,360^th largest bank in the nation. It was established in 1983 and as of March of 2012, it had grown to 76 employees at 7 locations. Grand Valley Bank has a 3-star health rating.

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See Rates for: Checking | Savings | Money Market | CD | IRA

Grand Valley Bank Checking Account Rates

	Apy	Min	Max	Product
	0.05%^†	$100	-	Super NOW Checking Account

Grand Valley Bank Savings Account Rates

	Apy	Min	Max	Product
	0.20%^†	$100	-	Savings Account

Grand Valley Bank Money Market Rates

	Apy	Min	Max	Product
	0.20%^†	$10k	-	Money Market Account

Grand Valley Bank CD Rates

Apy	Min	Max	Product
1.40%^†	$500	-	60 Month CD
1.40%^†	$500	-	60 Month CD Special
1.10%^†	$500	-	48 Month CD
0.90%^†	$500	-	36 Month CD
0.90%^†	$500	-	36 Month CD Special
0.50%^†	$500	-	24 Month CD
0.50%^†	$500	-	24 Month CD Special
0.35%^†	$500	-	12 Month CD
0.25%^†	$500	-	6 Month CD
0.25%^†	$500	-	9 Month CD
0.15%^†	$500	-	3 Month CD

Grand Valley Bank IRA Rates

Apy	Min	Max	Product
1.40%^†	$500	-	60 Month IRA
1.40%^†	$500	-	60 Month Roth IRA
1.40%^†	$500	-	60 Month Coverdell ESA
1.10%^†	$500	-	48 Month IRA
1.10%^†	$500	-	48 Month Roth IRA
1.10%^†	$500	-	48 Month Coverdell ESA
0.90%^†	$500	-	36 Month IRA
0.90%^†	$500	-	36 Month Roth IRA
0.90%^†	$500	-	36 Month Coverdell ESA
0.50%^†	$500	-	24 Month IRA
0.50%^†	$500	-	24 Month Roth IRA
0.50%^†	$500	-	24 Month Coverdell ESA
0.35%^†	$500	-	12 Month IRA
0.35%^†	$500	-	12 Month Roth IRA
0.35%^†	$500	-	12 Month Coverdell ESA
0.25%^†	$500	-	6 Month IRA
0.25%^†	$500	-	9 Month IRA
0.25%^†	$500	-	6 Month Roth IRA
0.25%^†	$500	-	9 Month Roth IRA
0.25%^†	$500	-	6 Month Coverdell ESA
0.25%^†	$500	-	9 Month Coverdell ESA
0.15%^†	$500	-	3 Month IRA
0.15%^†	$500	-	3 Month Roth IRA
0.15%^†	$500	-	3 Month Coverdell ESA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

Grand Valley Bank
FDIC Certificate #	24922
BankRate Report	View
Year Established	1983
Employees	76
Primary Regulator	FDIC
Assets and Liabilities
Assets	$273.95 million
Loans	$88.38 million
Deposits	$237.09 million
Equity Capital	$26.97 million
Loan Loss Allowance	$2.75 million
Unbacked Noncurrent Loans	$5.86 million
Real Estate Owned	$3.32 million
Historic Data - March 2011
Assets	$258.40 million
Equity Capital	$25.28 million
Loan Loss Allowance	$2.45 million
Unbacked Noncurrent Loans	$7.12 million
Real Estate Owned	$4.41 million
Profit Margin - Quarterly
Net Interest Margin	3.5%
Return on Assets	0.62%
Return on Equity	6.22%
Interest Income	$2.46 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Grand Valley Bank had $9.18 million in non-current loans and owned real-estate with $29.73 million in equity and loan loss allowances on hand to cover it. This gives Grand Valley Bank a Texas Ratio of 30.87% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Grand Valley Bank decreased slightly from 41.59% as of March 31, 2011 to 30.87% as of March 31, 2012, resulting in a positive change of 25.78%.This indicates that the balance sheet and financial strength for Grand Valley Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Grand Valley Bank has increased its total deposits by $7.5 million, resulting in 3.27% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Grand Valley Bank has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Grand Valley Bank has $273.95 million in assets with $29.73 million in equity, resulting in a capitalization level of 10.85%, which is above average.

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