Wex Bank is a bank based in Sandy, Utah, established in 1998, with $9.5 billion in total assets across 1 branch. By Trust Grade it ranks 32nd of 42 banks we track in Utah. Its capital ratio of 7.9% trails most similarly sized banks (9th percentile), versus a Utah median of 12.9%. It was profitable over the most recent period, with a 3.91% return on assets. No consumer complaints against Wex Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Wex Bank compares to Utah peers
How we graded Wex Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.9% capital ratio)
- Strongly profitable (ROA 3.91%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Wex Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 111 E Sego Lily Dr, Sandy, UT 84070
Are deposits at Wex Bank insured?
Yes. Wex Bank is an FDIC-insured bank (FDIC certificate #34697). 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.
Wex Bank: frequently asked questions
Is Wex Bank a good bank?
Wex Bank earns a Bankzia Trust Grade of A (90/100, "Excellent"), based on a financial-strength score of 90/100 (it has no CFPB complaints on record). Well-capitalized (7.9% capital ratio); Strongly profitable (ROA 3.91%).
Is Wex Bank FDIC-insured?
Yes. Wex Bank is a FDIC-insured bank (FDIC certificate #34697). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Wex Bank?
Wex Bank holds $9.5 billion in total assets, ranking 32nd of 42 banks we track in Utah. It operates 1 branch.
Does Wex Bank have CFPB complaints?
No CFPB complaints against Wex 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.
