Liberty Bank, Inc.

Overview / Commentary
326 South 500 East
Salt Lake City, UT 84102

Liberty Bank, Inc. is headquartered in SALT LAKE CITY and is the 41st largest bank in the state of Utah. It is also the 4,608th largest bank in the nation. It was established in 1956 and as of June of 2023, it had grown to 12 employees at 1 location. Liberty Bank, Inc. has a D health rating.

Related Posts

View all posts from:

Reviews (4)

Utah's Neighborhood Bank

Liberty Bank is a small local community bank that is a huge supporter of small businesses.  Everyone at Liberty is friendly and committed to ensure a good experience for their customers.  They have over 50 years in financing small businesses.  Look around the valley and you will see the amazing businesses they support- Poplar Pub, Dailey Method, PMD, Fidler's Elbow... just to name a few.  Go in and see Kendall Phillips, he will make your dreams of small business ownership reality.

Really Terrible

Posted by: |

The people are friendly, sure, but the turnaround and customer service is slow as hell. During the process of getting my loan through them, if it weren’t for me keeping tabs and asking when things would be done, I swear I would have been put on the back burner. Why do I have to chase after someone to do their own job? I’m not the type to bother others for no reason, fyi. Also, the responses to my polite and formal emails were always short replies with only a few words. I’m so tired of dealing with this bank. TIRED. I sold my tiny house, and asked Liberty to hold off on taking my monthly payment for just one week, so I can just pay everything off in full. I sent two email and received two replies saying the payment wont be pulled. Guess what? They pulled it. Now I have to go through hoops of fire to try and get it back so I can save a little on the high as hell interest they charge. I’m so done with this bank.

Cd Rate Different Than Advertised

Cd rates posted on the bank's website are way lower than those posted here!!!
Buyer beware!

Worse Bank Ever.

Posted by: |

The bank president is crazy and comes up with this random analogies and conditions. He is obessed with power and control. Stay away!!!!!

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Liberty Bank, Inc. has a low asset base, and a negative return on equity.

Health Grade Components

FDIC Certificate #26816
Year Established1956
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-11.06%
Return on Equity - YTD-128.12%
Annual Interest Income$425.00K
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$10.8MM$12.6MM
LoansQ2 2023vs Q2 2022$7.8MM$7.5MM
DepositsQ2 2023vs Q2 2022$9.9MM$10.8MM
Equity CapitalQ2 2023vs Q2 2022$635.00K$1.5MM
Loan Loss AllowanceQ2 2023vs Q2 2022$233.00K$212.00K
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$0$181.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0

Rates for Liberty Bank, Inc. are currently being reviewed.


Liberty Bank, Inc. Locations
Liberty Bank, Inc.326 S 500 ESalt Lake City, UT 84102

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.