Central Bank (UT)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.31% | 5-year CD | 5 Year CD 1.85% - Synchrony Bank 60 Month CD |
| 0.25% | 1-year CD | 1 Year CD 1.05% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Personal Statement Savings Account 1.00% - Ally Bank Online Savings Account |
Central Bank (UT) is headquartered in Springville and is the 20th largest bank in the state of Utah. It is also the 791st largest bank in the nation. It was established in 1891 and as of June of 2016, it had grown to 201 employees at 10 locations. Central Bank (UT) has a B+ health rating.
Great bank!
When I lived in Provo, I used Central Bank, switching over from Wells Fargo. Personable service, and you can actually get to know the people that work there (turnover seems low). This has been a good overall banking experience for me, and even after moving to a different state, I've found it easier to continue working with them rather than switch to a new bank. They post funds quickly, offer free checking (or at least did when I signed up), and have a great online banking application that allows you to take pictures of checks and submit them rather than have to mail them in or hand-deliver them, which has been a lifesaver living several states away. Overall, a very positive experience, and I'd highly recommend them to anyone in the area; I do know they have other branches in the state, though this was the Provo Office was the only one I ever dealt with.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 9204 |
| Year Established | 1891 |
| Employees | 201 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.53% |
| Return on Equity - YTD | 9.71% |
| Annual Interest Income | $20.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $917.7MM$848.6MM |
| Loans | Q2 2016vs Q2 2015 | $479.8MM$478.9MM |
| Deposits | Q2 2016vs Q2 2015 | $704.3MM$648.8MM |
| Equity Capital | Q2 2016vs Q2 2015 | $146.1MM$133.9MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $12.6MM$11.3MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $11.8MM$11.1MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $15.4MM$17.1MM |
Always verify rates and promotions with the bank or credit union. We are not Central Bank (UT); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Central Bank (UT) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $100 | - | Business Savings Account | |
| 0.10% | $100 | - | Personal Statement Savings Account |
Central Bank (UT) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $10k | - | High Yield Money Market Account | |
| 0.10% | $1k | - | Money Market Account |
Central Bank (UT) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | $500 | - | Checking With Interest | |
| 0.05% | $500 | - | 62+ Free Interest Checking |
Central Bank (UT) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.31% | $500 | - | 5 Year CD | |
| 0.80% | $500 | - | 4 Year CD | |
| 0.50% | $500 | - | 3 Year CD | |
| 0.40% | $500 | - | 2 Year CD | |
| 0.25% | $500 | - | 1 Year CD | |
| 0.15% | $500 | - | 6 Month CD | |
| 0.10% | $500 | - | 60 Day CD |
Central Bank (UT) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.31% | - | - | 5 Year IRA | |
| 0.80% | - | - | 4 Year IRA | |
| 0.50% | - | - | 3 Year IRA | |
| 0.40% | - | - | 2 Year IRA | |
| 0.25% | - | - | 1 Year IRA |
| Central Bank (UT) Locations | ||
|---|---|---|
| Riverside Plaza Branch | 1300 North State Street | Provo, UT 84601 |
| American Fork Branch | 175 East Main St | American Fork, UT 84003 |
| Payson Branch | 182 North Main Street | Payson, UT 84651 |
| Central Bank | 202 South Main Street | Springville, UT 84663 |
| Mapleton Branch | 385 North Main St | Mapleton, UT 84663 |
| Orem Branch | 415 North State St | Orem, UT 84057 |
| Lehi Office | 475 East Main Street | Lehi, UT 84043 |
| Provo Branch | 75 North University Avenue | Provo, UT 84601 |
| Pleasant Grove Branch | 801 S Pleasant Grove Blvd | Pleasant Grove, UT 84062 |
| Spanish Fork Branch | One North Main Street | Spanish Fork, UT 84660 |