First Utah Bank

Overview / Commentary

www.firstutahbank.com

801-272-9454

3826 South 2300 East
Salt Lake City, UT 84109

First Utah Bank is headquartered in Salt Lake City and is the 29^th largest bank in the state of Utah. It is also the 1,683^rd largest bank in the nation. It was established in 1978 and as of December of 2019, it had grown to 104 employees at 6 locations. First Utah Bank's money market rates are 14% higher than the national average, and it boasts an A+ health rating.

Kasasa Cash And Saver Both Earn 2.50% APY - 4/30/2019

Kasasa Cash: Balances up to $15,000 receive APY* of 2.50%; and balances over $15,000 earn 1.00% APY on the portion of balance over $15,000, resulting in a range from 2.50% to 1.00% APY depending on the account’s balance. Kasasa Saver: Balances up to $25,000 receive APY of 2.50%; and balances over $25,000 earn 1.25% APY on the portion of balance over $25,000, resulting in a range from 2.50% to 1.25% APY depending on the account’s balance. Have at least 12 debit card purchases post and settle Have at least one automatic payment (ACH) post and settle Be enrolled and review eStatement notice 6 branches in the greater Salt Lake City area.

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4/30 - Kasasa Cash And Saver Both Earn 2.50% APY

12/29 - First Utah Bank's Competitive 13- and 60-month Promotional CDs
10/21 - RCA Table Error For First Utah Bank

5/24 - Reward Checking and Savings Accounts at First Utah Bank

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Health

A+

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	22738
Year Established	1978
Employees	104
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.34%
Return on Equity - YTD	11.34%
Annual Interest Income	$23.8MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$425.7MM$378.9MM
Loans	Q4 2019vs Q4 2018	$318.8MM$292.8MM
Deposits	Q4 2019vs Q4 2018	$361.5MM$286.6MM
Equity Capital	Q4 2019vs Q4 2018	$50.6MM$46.1MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$3.8MM$3.3MM
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$1.0MM$1.1MM
Real Estate Owned	Q4 2019vs Q4 2018	$0$0

Rates

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Savings
Money Market
Checking
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Utah Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.75%	$100	-	Flex IRA
0.75%^*	$25k^*	-	Companion Savings
OTHER TIERS: 0.50% → Up to $25k
0.10%	-	-	Basic Savings

First Utah Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$25k^*	-	High Yield Money Market
OTHER TIERS: 0.20% → Up to $1k \| 0.30% → $1k - $10k \| 0.40% → $10k - $25k
0.50%	-	-	Business High Yield Money Market
0.25%^*	$1m^*	-	Business Money Market
OTHER TIERS: 0.05% → Up to $100k \| 0.10% → $100k - $250k \| 0.15% → $250k - $500k \| 0.20% → $500k - $1m
0.20%^*	$250k^*	-	Money Market
OTHER TIERS: 0.05% → Up to $25k \| 0.10% → $25k - $100k \| 0.15% → $100k - $250k

First Utah Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%	-	-	Interest Checking
0.25%^*	$250k^*	-	Full Service Checking
OTHER TIERS: 0.10% → Up to $25k \| 0.15% → $25k - $100k \| 0.20% → $100k - $250k

First Utah Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$500	-	60 Month CD
0.95%	$500	-	48 Month CD
0.90%	$500	-	36 Month CD
0.85%	$500	-	24 Month CD
0.75%	$500	-	12 Month CD
0.50%	$500	-	6 Month CD
0.25%	$500	-	3 Month CD
0.15%	$500	-	1 Month CD

Locations

First Utah Bank Locations
Sandy Branch	11015 South State Street	Sandy, UT 84070
City Center Branch	115 East 1300 South	Salt Lake City, UT 84115
Riverton Office	4168 West 12600 South	Riverton, UT 84096
International Branch	3123 South Redwood Road	West Valley City, UT 84119
First Utah Bank	3826 South 2300 East	Salt Lake City, UT 84109
Midvale Branch	7070 State Street	Midvale, UT 84047

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