Square Financial Services, Inc. is a bank based in Salt Lake City, Utah, established in 2021, with $1.8 billion in total assets across 1 branch. By Trust Grade it ranks 21st of 42 banks we track in Utah. Its capital ratio of 64.4% is stronger than 100% of similarly sized banks, versus a Utah median of 12.9%. It was profitable over the most recent period, with a 38.77% return on assets. No consumer complaints against Square Financial Services, Inc. appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Square Financial Services, Inc. compares to Utah peers
How we graded Square Financial Services, Inc.
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (64.4% capital ratio)
- Strongly profitable (ROA 38.77%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Square Financial Services, Inc. over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 3165 E Millrock Dr, Salt Lake City, UT 84121
Are deposits at Square Financial Services, Inc. insured?
Yes. Square Financial Services, Inc. is an FDIC-insured bank (FDIC certificate #59177). 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.
Square Financial Services, Inc.: frequently asked questions
Is Square Financial Services, Inc. a good bank?
Square Financial Services, Inc. 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 (64.4% capital ratio); Strongly profitable (ROA 38.77%).
Is Square Financial Services, Inc. FDIC-insured?
Yes. Square Financial Services, Inc. is a FDIC-insured bank (FDIC certificate #59177). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Square Financial Services, Inc.?
Square Financial Services, Inc. holds $1.8 billion in total assets, ranking 21st of 42 banks we track in Utah. It operates 1 branch.
Does Square Financial Services, Inc. have CFPB complaints?
No CFPB complaints against Square Financial Services, Inc. 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.
