How can I be sure Bank of Utah is in good financial shape and know that my money is safe?
There are several 3rd party bank rating sites accessible on the internet that provide a simple to understand score or rating of all banks and credit unions. Reputable bank reporting sites include Bauer Financial, BankRate.com. For full details about any banking institution you can view FDIC call reports or Uniform Bank Performance Review (UBPR) published by the Federal Financial Institutions Examination Council. Like many Utah community banks, and despite the challenges all financial institutions have faced over the past few months, we are pleased to report that Bank of Utah continues to weather the storm well. Bank of Utah ended 2009 with a respectable profit of $9.346 million and continues to perform well in the first quarter of 2010. We invite you to review our year end financial results at the following link.
