Reviews (1)
Not Small Business Friendly
Posted by: PC_shopper | May 29, 2024
My husband and I opened a business account with our business partner in order to have 1 bank account for funds. We aree closing our account less than a month after opening. They held our funds from a cashiers check written from a nationally recognized bank. We had to add cash and wire money out becasue they placed our money on hold for 2 weeks. Then we were flagged for adding money and then using it. If you need a bank where you can actually use your money, don't sign up wuth this one.
Health
B+
Data as of Q2 2024
Data displayed below is for insuring bank: Zions Bank
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 2270 |
| Year Established | 1873 |
| Employees | 9867 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 12.09% |
| Annual Interest Income | $2.13B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $87.61B$87.23B |
| Loans | Q2 2024vs Q2 2023 | $57.83B$56.3B |
| Deposits | Q2 2024vs Q2 2023 | $74.22B$74.32B |
| Equity Capital | Q2 2024vs Q2 2023 | $6.02B$5.28B |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $695.7MM$651.4MM |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $256MM$157MM |
| Real Estate Owned | Q2 2024vs Q2 2023 | $4.1MM$1.7MM |
