Liberty Bank, Inc. is headquartered in Salt Lake City and is the 42nd largest bank in the state of Utah. It is also the 4,759th largest bank in the nation. It was established in 1956 and as of June of 2022, it had grown to 13 employees at 1 location. Liberty Bank, Inc. has a C+ health rating.
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.
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.
The bank president is crazy and comes up with this random analogies and conditions. He is obessed with power and control. Stay away!!!!!
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26816 |
| Year Established | 1956 |
| Employees | 13 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.35% |
| Return on Equity - YTD | 11.85% |
| Annual Interest Income | $269.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $12.6MM$12.5MM |
| Loans | Q2 2022vs Q2 2021 | $7.5MM$6.7MM |
| Deposits | Q2 2022vs Q2 2021 | $10.8MM$10.6MM |
| Equity Capital | Q2 2022vs Q2 2021 | $1.5MM$1.8MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $212.00K$226.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $181.00K$0 |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |