Banks in Utah
Deposit market share, branch network and structure changes for Utah, from official FDIC data.
Active branches
530
Deposits (2025)
$1.1T
Closings on record
83
Openings on record
78
Largest retail branch networks in Utah (2025)
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| Chase Bank | $24.3B | 2.3% | +5.8% | 46 |
| Zions Bancorporation | $23.1B | 2.2% | -3.0% | 96 |
| Wells Fargo | $12.8B | 1.2% | +3.1% | 71 |
| KeyBank | $3.6B | 0.3% | +8.3% | 31 |
| U.S. Bank | $3.5B | 0.3% | +0.8% | 39 |
| Glacier Bank | $2.8B | 0.3% | -8.3% | 35 |
| Cache Valley Bank | $2.8B | 0.3% | +12.9% | 24 |
| Bank of Utah | $2.8B | 0.3% | +8.4% | 20 |
| State Bank of Southern Utah | $2.3B | 0.2% | +11.4% | 17 |
Includes institutions reporting at least five active branches in Utah. Deposit share is calculated against all deposits assigned to Utah offices, so the shares shown do not sum to 100%.
All institutions by deposits assigned to Utah offices
| Bank | Deposits | Share | YoY | Branches |
|---|---|---|---|---|
| Morgan Stanley Bank | $192.9B | 18% | +12.0% | 1 |
| American Express National Bank | $168.4B | 15.7% | +13.3% | 1 |
| Goldman Sachs Bank USA | $164.1B | 15.3% | +12.2% | 2 |
| Ally Bank | $151.3B | 14.1% | -2.7% | 1 |
| UBS Bank USA | $98.4B | 9.2% | +11.7% | 1 |
| Synchrony Bank | $84.8B | 7.9% | -0.9% | 1 |
| SoFi Bank | $29.6B | 2.8% | +28.8% | 1 |
| Chase Bank | $24.3B | 2.3% | +5.8% | 46 |
| Zions Bancorporation | $23.1B | 2.2% | -3.0% | 96 |
| Sallie Mae Bank | $20.8B | 1.9% | -1.2% | 1 |
| Optum Bank, Inc. | $15.1B | 1.4% | +6.4% | 1 |
| Wells Fargo | $12.8B | 1.2% | +3.1% | 71 |
| Comenity Capital Bank | $10.0B | 0.9% | +5.0% | 1 |
| Happen Bank | $9.3B | 0.9% | +12.7% | 1 |
| BMW Bank of North America | $8.0B | 0.7% | +3.3% | 1 |
| Merrick Bank | $7.0B | 0.7% | +46.8% | 1 |
| WEX Bank | $6.5B | 0.6% | +14.6% | 1 |
| Green Dot Bank DBA Bonneville Bank | $4.6B | 0.4% | +2.9% | 1 |
| KeyBank | $3.6B | 0.3% | +8.3% | 31 |
| U.S. Bank | $3.5B | 0.3% | +0.8% | 39 |
| Celtic Bank | $2.8B | 0.3% | +25.7% | 1 |
| Glacier Bank | $2.8B | 0.3% | -8.3% | 35 |
| Cache Valley Bank | $2.8B | 0.3% | +12.9% | 24 |
| Bank of Utah | $2.8B | 0.3% | +8.4% | 20 |
| State Bank of Southern Utah | $2.3B | 0.2% | +11.4% | 17 |
Deposit location reflects the office to which deposits are reported and may not represent the residence of depositors. Banks that book nationwide deposits at a single office (for example brokerage or direct banks) can rank far above their local branch presence.
Closings
- Columbia Bank — South Jordan, UTbank exits city10757 SOUTH RIVER FRONT PARKWAY · closed July 10, 2026
- 1285 E 3900 S · closed February 27, 2026
- 3020 S HIGHLAND DR · closed February 13, 2026
- 3390 W SIGNAL PEAK DR · closed October 30, 2025
- 10625 S 1300 E · closed October 22, 2025
- 801 N 500 W · closed July 25, 2025
- U.S. Bank — North Salt Lake, UTbank exits city1090 N 500 E · closed April 17, 2025
- 1 S MAIN ST · closed March 19, 2025
- 1316 N HIGHWAY 89 · closed January 10, 2025
- 51 N MAIN ST · closed December 13, 2024
- 159 W CENTER ST · closed December 6, 2024
- 1635 S REDWOOD RD · closed November 22, 2024
- 845 S 220 E · closed October 31, 2024
- 3425 E 7800 S · closed September 25, 2024
- U.S. Bank — Herriman, UTbank exits city5560 W 13400 S · closed September 5, 2024
- 50 S MAIN ST · closed July 1, 2024
- 77 N STATE ST · closed May 1, 2024
- 2714 S 300 W · closed April 16, 2024
- 1485 HARRISON BLVD · closed January 3, 2024
- 3430 S REDWOOD RD · closed October 5, 2023
- 3602 WASHINGTON BLVD · closed September 20, 2023
- 5620 W 4100 S · closed September 6, 2023
- U.S. Bank — Brigham City, UTbank exits city156 S MAIN ST · closed September 5, 2023
- 2174 W GROVE PKWY · closed September 1, 2023
- 57 N MAIN ST · closed July 26, 2023
- 9491 S 700 E · closed May 17, 2023
- Wells Fargo — Roy, UTbank exits city5603 S 1900 W · closed May 10, 2023
- 1170 E GENTILE ST · closed April 12, 2023
- 45 S STATE ST · closed April 6, 2023
- 3793 WEST 13400 SOUTH · closed March 28, 2023
- 5454 SOUTH REDWOOD · closed March 22, 2023
- 66 EAST 1650 NORTH · closed February 22, 2023
- American Express National Bank — Georgetown, UTbank exits cityno other active branch recorded in cityPO BOX 501 · closed September 21, 2022
- 95 EAST 500 SOUTH · closed September 15, 2022
- 476 HERITAGE PARK BLVD · closed September 15, 2022
- 136 WEST 12300 SOUTH · closed July 31, 2022
- 6510 S BIG COTTONWOOD CANYON ROAD · closed May 13, 2022
- 2001 SOUTH MAIN STREET · closed May 6, 2022
- 6965 UNION PARK CENTER, SUITE 260 · closed May 1, 2022
- Wells Fargo — Syracuse, UTbank exits city1975 WEST 1700 SOUTH · closed April 22, 2022
- 4695 SOUTH 2700 WEST · closed February 22, 2022
- 10011 CENTENNIAL PARKWAY · closed October 5, 2021
- 1245 E. BRICKYARD ROAD, SUITE 600 · closed October 4, 2021
- 2174 W GROVE PKWY SUITE 125 · closed October 1, 2021
- 4080 WEST 9000 SOUTH · closed September 1, 2021
- 7981 GEORGIA STREET, BUILDING 442 · closed August 11, 2021
- 1845 EAST FORT UNION BLVD · closed August 10, 2021
- 1245 SOUTH 800 EAST · closed June 18, 2021
- 1500 SOUTH FOOTHILL DRIVE · closed June 18, 2021
- 79 SOUTH MAIN STREET · closed June 2, 2021
- 2610 PIONEER ROAD · closed April 26, 2021
- Altabank — Tremonton, UTbank exits city300 EAST MAIN · closed March 31, 2021
- 3983 SOUTH WASATCH BOULEVARD · closed March 29, 2021
- 3555 WEST 3500 SOUTH · closed March 24, 2021
- 4041 S 700 EAST #3 · closed March 18, 2021
- 2353 NORTH MAIN STREET · closed January 2, 2021
- 2040 SOUTH 2300 EAST · closed December 2, 2020
- 207 EAST MAIN STREET · closed December 2, 2020
- 980 FORT UNION BOULEVARD · closed November 2, 2020
- 4643 SOUTH 4000 WEST · closed November 1, 2020
- 3470 EAST 7800 SOUTH · closed November 1, 2020
- 876 EAST 800 SOUTH · closed November 1, 2020
- U.S. Bank — Murray, UTbank exits city665 WEST 5300 SOUTH · closed November 1, 2020
- 922 EAST 2100 SOUTH · closed November 1, 2020
- U.S. Bank — Clinton, UTbank exits city1632 NORTH 2000 WEST · closed November 1, 2020
- 3590 WEST SOUTH JORDAN PARKWAY · closed November 1, 2020
- 1784 WEST 12600 SOUTH · closed November 1, 2020
- 10305 SOUTH 1300 EAST · closed November 1, 2020
- 778 SOUTH MAIN STREET · closed October 21, 2020
- 5580 WEST AMELIA EARHART DRIVE · closed October 21, 2020
- 201 SOUTH MAIN STREET · closed October 15, 2020
- 1851 W HWY 40 · closed September 30, 2020
- Wells Fargo — Mount Pleasant, UTbank exits city106 WEST MAIN STREET · closed August 12, 2020
- 1955 W. NORTH TEMPLE · closed June 10, 2020
- 442 NORTH 900 EAST · closed May 13, 2020
- Wells Fargo — Washington, UTbank exits city915 WEST RED CLIFF BOULEVARD · closed April 15, 2020
- 102 NORTH MAIN STREET · closed March 27, 2020
- U.S. Bank — South Ogden, UTbank exits city1840 EAST SKYLINE DRIVE · closed February 20, 2020
- 3180 SOUTH 5600 WEST · closed February 20, 2020
- 1945 WALL AVENUE · closed February 18, 2020
- U.S. Bank — Brigham City, UTbank exits city1200 SOUTH COMMERCE WAY · closed February 18, 2020
- 102 SOUTH MAIN STREET · closed February 7, 2020
- 8955 SOUTH AND 700 EAST · closed January 17, 2020
Transcribed from FDIC BankFind Suite structure-change records, active-location records and the annual Summary of Deposits (June 30 reporting date). Market share is each bank's share of all deposits assigned to FDIC-insured offices in the state.