First Utah Bank

Overview / Commentary
3826 South 2300 East
Salt Lake City, UT 84109

First Utah Bank is headquartered in SALT LAKE CITY and is the 28th largest bank in the state of Utah. It is also the 1,301st largest bank in the nation. It was established in 1978 and as of March of 2024, it had grown to 108 employees at 7 locations. First Utah Bank's money market rates are 5X the national average, and it has a B+ health rating.


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Health Grade Components

FDIC Certificate #22738
Year Established1978
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.04%
Return on Equity - YTD10.73%
Annual Interest Income$12.4MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$740.7MM$728.5MM
LoansQ1 2024vs Q1 2023$550MM$495.9MM
DepositsQ1 2024vs Q1 2023$566.6MM$562.6MM
Equity CapitalQ1 2024vs Q1 2023$71.2MM$67MM
Loan Loss AllowanceQ1 2024vs Q1 2023$6.6MM$6.4MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$3.4MM$2.1MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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Always verify rates and promotions with the bank or credit union. We are not First Utah Bank; 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.

First Utah Bank Savings Account Rates

2.47%*$1m*-Business Savings
OTHER TIERS: 0.50% $0 - $100k | 2.07% $100k - $500k | 2.22% $500k - $1m
2.15%$100-Flex IRA
2.07%*$100k*-Personal Savings
OTHER TIERS: 0.50% $0 - $100k
1.07%*$0$25kCompanion Savings
OTHER TIERS: 0.64% $25k+

First Utah Bank Money Market Rates

2.47%*$1m*-Business Money Market
OTHER TIERS: 0.50% $0 - $100k | 2.07% $100k - $500k | 2.22% $500k - $1m
2.07%*$100k*-Personal Money Market
OTHER TIERS: 0.50% $0 - $100k

First Utah Bank Checking Account Rates

2.53%*$5m*-IntraFi ICS
OTHER TIERS: 1.51% $0 - $100k | 1.76% $100k - $500k | 2.02% $500k - $1m | 2.27% $1m - $500m
0.85%*$250k*-Full Service Checking
OTHER TIERS: 0.21% $0 - $1k | 0.43% $1k - $10k | 0.53% $10k - $25k | 0.64% $25k - $100k | 0.74% $100k - $250k
0.21%$0-Interest Checking

First Utah Bank CD Rates

5.25%$500-13 Month Promotional CD
5.15%$500-7 Month Promotional CD
4.00%$500-36 Month CD
4.00%$500-48 Month CD
4.00%$500-60 Month CD
3.95%$500-24 Month CD
3.90%$500-12 Month CD
3.85%$500-6 Month CD

First Utah Bank Locations
Sandy Branch11015 South State StreetSandy, UT 84070
City Center Branch115 East 1300 SouthSalt Lake City, UT 84115
Riverton Office4168 West 12600 SouthRiverton, UT 84096
International Branch3123 South Redwood RoadWest Valley City, UT 84119
First Utah Bank3826 S 2300 ESalt Lake City, UT 84109
Midvale Branch7070 State StreetMidvale, UT 84047
Lehi Branch3601 North Digital Drive, Suite 301Lehi, UT 84043

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