FinWise Bank


Overview / Commentary
801-545-6600
756 E Winchester St
Murray, UT 84107

FinWise Bank is headquartered in MURRAY and is the 31st largest bank in the state of Utah. It is also the 1,525th largest bank in the nation. It was established in 2000 and as of June of 2024, it had grown to 191 employees at 2 locations. FinWise Bank has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #35323
Year Established2000
Employees191
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD3.04%
Return on Equity - YTD14.36%
Annual Interest Income$36.1MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$607.3MM$488.4MM
LoansQ2 2024vs Q2 2023$465.1MM$320MM
DepositsQ2 2024vs Q2 2023$460.4MM$365.4MM
Equity CapitalQ2 2024vs Q2 2023$131.1MM$110.9MM
Loan Loss AllowanceQ2 2024vs Q2 2023$13.1MM$12.3MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$11.2MM$996K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations


FinWise Bank Locations
Sandy Branch820 E 9400 SSandy, UT 84094

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