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 30^th largest bank in the state of Utah. It is also the 1,638^th largest bank in the nation. It was established in 1978 and as of September of 2019, it had grown to 104 employees at 6 locations. First Utah Bank's money market rates are 2X 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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2019
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2012

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 Q3 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	1.4%
Return on Equity - YTD	11.84%
Annual Interest Income	$17.6MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$437.6MM$371.6MM
Loans	Q3 2019vs Q3 2018	$306.0MM$277.3MM
Deposits	Q3 2019vs Q3 2018	$373.4MM$268.6MM
Equity Capital	Q3 2019vs Q3 2018	$49.7MM$43.6MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$3.4MM$3.3MM
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$1.0MM$588.00K
Real Estate Owned	Q3 2019vs Q3 2018	$0$0

Rates

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Savings
Money Market
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
2.50%	-	$25k	Kasasa Saver
0.85%	$100	-	Flex IRA
0.10%	-	-	Basic Savings

First Utah Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	$100k^*	-	High Yield Money Market
OTHER TIERS: 0.20% → Up to $1k \| 0.30% → $1k - $10k \| 0.40% → $10k - $25k \| 0.50% → $25k - $100k
1.00%	-	-	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
2.50%^*	-	$15k	Kasasa Cash
OTHER TIERS: 1.00% → $15k+
0.25%^*	$250k^*	-	First Place 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
2.00%	$500	-	60 Month Promotional CD
2.00%	$500	-	36 Month Promotional CD
2.00%	$500	-	48 Month Promotional CD
1.85%	$500	-	24 Month Promotional CD
1.70%	$500	-	12 Month Promotional CD
1.40%	$500	-	36 Month CD
1.40%	$500	-	48 Month CD
1.40%	$500	-	60 Month CD
1.30%	$500	-	24 Month CD
1.19%	$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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