Industrial Banks

 

All Utah industrial banks (IBs) are chartered by the state.  Nationally or federally chartered IBs do not exist.  Of the 35 state chartered IBs, five are inactive.  An inactive IB is one in which a person or entity has purchased the rights to conduct IB business but has not completed all the requirements to actually do business.  To find out more about what constitutes a Utah industrial bank, click on the link "What is an IB?".

All of the IBs deposits are insured by the Federal Deposit Insurance Corporation (FDIC).

If you are interested in financial data relating to IBs, the FDIC has a bank data web page which provides access to the latest CALL report information.