Continental Bank

Overview / Commentary
15 W South Temple Ste 300
Salt Lake City, UT 84101

Continental Bank is headquartered in SALT LAKE CITY and is the 37th largest bank in the state of Utah. It is also the 3,175th largest bank in the nation. It was established in 2003 and as of December of 2023, it had grown to 34 employees at 1 location. Continental Bank has an A health rating.

Reviews (2)

Uses Savebetter Technology

Posted by: |

Had some glitches with Chrome browser but customer service at Continental and SaveBetter helpful. Strange process - no vetting for security; no trial deposits with external bank. Uncertain if SaveBetter intermediate platform presents risks with FDIC insurance ?

Did My Research

Posted by: |

This was a sponsored bank on this website with a good 13 month CD rate in todays time. I decided to explore it. Found out that it was a bank in China. Hence did not start an account. Would not be wise to prematurely close a CD from a globalist bank- pay the penalty and fund a bank that was in China. If your research leads you to a different outcome, would be interested. Thanks community.


Health Grade Components

FDIC Certificate #57571
Year Established2003
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.71%
Return on Equity - YTD-4.25%
Annual Interest Income$13.2MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$181.5MM$174.7MM
LoansQ4 2023vs Q4 2022$147.8MM$144.7MM
DepositsQ4 2023vs Q4 2022$134.7MM$136.2MM
Equity CapitalQ4 2023vs Q4 2022$27MM$32.2MM
Loan Loss AllowanceQ4 2023vs Q4 2022$4.6MM$2.3MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$2.4MM$1.9MM
Real Estate OwnedQ4 2023vs Q4 2022$0$0
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Continental Bank Savings Account Rates

0.35%$20k-Preferred Business Savings
0.25%--Basic Business Savings

Continental Bank Money Market Rates

0.30%$5k-Business Money Market Account

Continental Bank CD Rates

1.40%$25k-Business 5 Year High Yield CD
1.15%$25k-Business 4 Year High Yield CD
1.10%$25k-Business 3 Year High Yield CD
0.90%$25k-Business 2.5 Year High Yield CD
0.85%$25k-Business 2 Year High Yield CD
0.80%$25k-Business 1.5 Year High Yield CD
0.75%$25k-Business 1 Year High Yield CD
0.35%$25k-Business 180 Day High Yield CD
0.20%$25k-Business 90 Day High Yield CD
0.13%$25k-Business 10 Month Liquidity CD

Continental Bank Locations
Continental Bank15 W South TempleSalt Lake City, UT 84101

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