Utah Independent Bank is a bank based in Salina, Utah, established in 1977, with $163 million in total assets across 4 branches. By Trust Grade it ranks 4th of 42 banks we track in Utah. Its capital ratio of 15.1% is stronger than 90% of similarly sized banks, versus a Utah median of 12.9%. It was profitable over the most recent period, with a 3.41% return on assets. No consumer complaints against Utah Independent Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Utah Independent Bank compares to Utah peers
How we graded Utah Independent Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.1% capital ratio)
- Strongly profitable (ROA 3.41%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Utah Independent Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (4)
- 55 S State St, Salina, UT 84654
- 195 N Main St, Beaver, UT 84713
- 45 W Center St, Monroe, UT 84754
- 326 S Main St, Milford, UT 84751
Are deposits at Utah Independent Bank insured?
Yes. Utah Independent Bank is an FDIC-insured bank (FDIC certificate #22514). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Utah Independent Bank: frequently asked questions
Is Utah Independent Bank a good bank?
Utah Independent Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (15.1% capital ratio); Strongly profitable (ROA 3.41%).
Is Utah Independent Bank FDIC-insured?
Yes. Utah Independent Bank is a FDIC-insured bank (FDIC certificate #22514). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Utah Independent Bank?
Utah Independent Bank holds $163 million in total assets, ranking 4th of 42 banks we track in Utah. It operates 4 branches.
Does Utah Independent Bank have CFPB complaints?
No CFPB complaints against Utah Independent Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
