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Bank of Utah was founded on February 5, 1952 and has been serving the financial needs of their customers for over 70 years.
2 Arrington, Leonard J., “Coin and Currency in Early Utah” and “Mormon Finance and the Utah War,” Utah Historical Quarterly, XX (Jan. and July, 1952), 56–76, 219–37Google Scholar.
Bank of Utah opened its doors for business on December 1, 1952 by an Ogden businessman named Frank M. Browning, and remains locally owned and operated.
The resources of the bank approached $125 million when the firm merged with Trans-America Corporation in 1956.
In 1960, when its resources were $154 million, the church sold its majority stock to a group of businessmen headed by Leland B. Flint of Salt Lake City.
In 1987 Tracy-Collins merged with Continental Bank; two years later, the two became part of West One Bank, with headquarters in Salt Lake City.
In 1990 First Security was the largest banking system in the Intermountain West, with 186 branches, and $5.3 billion total assets.
Disclaimer: Information on this site was converted from a hard cover book published by University of Utah Press in 1994.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Lafayette Federal Credit Union | 1935 | $750.0M | 140 | 22 |
| CenterState Bank | 1989 | $1.2B | 3,000 | 2 |
| Access Bank | - | $298.0M | 28,121 | - |
| Zions Bank | 1873 | $913.9M | 383 | 603 |
| America First Credit Union | 1939 | $547.4M | 7,500 | 30 |
| KeyBank | 1825 | $2.8B | 17,999 | 721 |
| The Washington Savings Bank | 1982 | $15.0M | 50 | - |
| Americas Bank | - | $970,000 | 50 | - |
| Stcu | 1934 | $97.0M | 750 | 13 |
| American Bancorp | - | $48.8M | 45 | 16 |
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Bank of Utah may also be known as or be related to Bank Of Utah and Bank of Utah.