Liberty Bank, Inc. is headquartered in Salt Lake City and is the 39th largest bank in the state of Utah. It is also the 5,167th largest bank in the nation. It was established in 1956 and as of December of 2019, it had grown to 21 employees at 1 location. Liberty Bank, Inc. has a D health rating.
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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.
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Just called to find the rates for a 5 year jumbo cd is 2.25% APY if you aren't a local in 2 counties of UTAH instead of their advertised rate of 3.6% APY. A very significant difference!!!!
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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 Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 26816 |
| Year Established | 1956 |
| Employees | 21 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -5.38% |
| Return on Equity - YTD | -55.51% |
| Annual Interest Income | $443.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $9.3MM$9.0MM |
| Loans | Q4 2019vs Q4 2018 | $4.1MM$5.3MM |
| Deposits | Q4 2019vs Q4 2018 | $8.1MM$8.4MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.1MM$588.00K |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $235.00K$229.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $22.00K$186.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $6.00K$13.00K |