First Electronic Bank is a bank based in Salt Lake City, Utah, established in 2000, with $429 million in total assets across 1 branch. By Trust Grade it ranks 14th of 42 banks we track in Utah. Its capital ratio of 45.7% is stronger than 100% of similarly sized banks, versus a Utah median of 12.9%. It was profitable over the most recent period, with a 6.68% return on assets. No consumer complaints against First Electronic Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Electronic Bank compares to Utah peers
How we graded First Electronic Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (45.7% capital ratio)
- Strongly profitable (ROA 6.68%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Electronic Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 2150 S 1300 E, Salt Lake City, UT 84106
Are deposits at First Electronic Bank insured?
Yes. First Electronic Bank is an FDIC-insured bank (FDIC certificate #35533). 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.
First Electronic Bank: frequently asked questions
Is First Electronic Bank a good bank?
First Electronic Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (45.7% capital ratio); Strongly profitable (ROA 6.68%).
Is First Electronic Bank FDIC-insured?
Yes. First Electronic Bank is a FDIC-insured bank (FDIC certificate #35533). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is First Electronic Bank?
First Electronic Bank holds $429 million in total assets, ranking 14th of 42 banks we track in Utah. It operates 1 branch.
Does First Electronic Bank have CFPB complaints?
No CFPB complaints against First Electronic 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.
