Advertising Disclosure
  1. Home
  2. Banks
  3. State Bank of Southern Utah

State Bank of Southern Utah


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.sbsu.com
435-865-2300
377 North Main
Cedar City, UT 84721

State Bank of Southern Utah is headquartered in CEDAR CITY and is the 20th largest bank in the state of Utah. It is also the 486th largest bank in the nation. It was established in 1957 and as of March of 2025, it had grown to 305 employees at 17 locations. State Bank of Southern Utah's money market rates are 9X the national average, and it has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
A

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #17964
Year Established1957
Employees305
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.24%
Return on Equity - YTD12.75%
Annual Interest Income$33.8MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$2.56B$2.43B
LoansQ1 2025vs Q1 2024$1.76B$1.46B
DepositsQ1 2025vs Q1 2024$2.15B$2B
Equity CapitalQ1 2025vs Q1 2024$252.1MM$211.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$21.2MM$18.5MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$7.7MM$7.1MM
Real Estate OwnedQ1 2025vs Q1 2024$0$2.8MM
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 6/30/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not State Bank of Southern Utah; 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.

State Bank of Southern Utah Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%$0-Regular Savings

State Bank of Southern Utah Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.82%*$500k*-Money Market Account
OTHER TIERS: 1.76% → $500 - $25k | 2.27% → $25k - $100k | 2.78% → $100k - $500k

State Bank of Southern Utah Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.04%$0$50kBig Interest Checking
0.20%*$500k*-Business Interest Checking
OTHER TIERS: 0.05% → $5k - $50k | 0.10% → $50k - $500k
0.15%*$25k*-Emerald Elite
OTHER TIERS: 0.10% → $0 - $25k

State Bank of Southern Utah CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$500-12 Month Add-On CD
4.25%$500-6 Month CD
4.25%$500-Business 6 Month CD
4.25%$500-Business 12 Month Add-On CD
4.00%$500-60 Month CD
4.00%$500-Business 60 Month CD
3.80%$500-18 Month CD
3.80%$500-24 Month CD
3.80%$500-36 Month CD
3.80%$500-48 Month CD
3.80%$500-Business 18 Month CD
3.80%$500-Business 24 Month CD
3.80%$500-Business 36 Month CD
3.80%$500-Business 48 Month CD
0.20%$500-3 Month CD
0.20%$500-Business 3 Month CD
0.10%$500-1 Month CD
0.10%$500-Business 1 Month CD

State Bank of Southern Utah IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.80%*$250k*-IRA
OTHER TIERS: 2.78% → $0 - $25k | 3.29% → $25k - $250k
Locations

Availability



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.