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Milestone Bank

Salt Lake City, UT · Est. 2006 · Website ↗
A
Trust Grade
Excellent
Score: 94/100

Milestone Bank is a bank based in Salt Lake City, Utah, established in 2006, with $361 million in total assets across 1 branch. By Trust Grade it ranks 29th of 42 banks we track in Utah. Its capital ratio of 14.5% is stronger than 88% of similarly sized banks, versus a Utah median of 12.9%. It was profitable over the most recent period, with a 0.48% return on assets. No consumer complaints against Milestone Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$360.5M
$100M–1B institution
Deposits
$299.3M
Branches
1
Capital ratio
14.5%
Top 12% of $100M–1B peers · Utah median 12.9%
Return on assets
0.5%
Bottom 13% of $100M–1B peers · Utah median 1.82%
Rank in Utah
#29
of 42 banks

How Milestone Bank compares to Utah peers

Capital ratio
Top 12% of $100M–1B peers
Milestone Bank
14.5%
Utah median
12.9%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 13% of $100M–1B peers
Milestone Bank
0.5%
Utah median
1.8%
Higher ROA = more profitable relative to asset base

How we graded Milestone Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
94/100
Customer experience
n/a
Overall
A · 94
  • Strongly capitalized (14.5% capital ratio)
  • Profitable (ROA 0.48%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Milestone Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (1)

  • 310 South Main St., Suite 900, Salt Lake City, UT 84101

Are deposits at Milestone Bank insured?

Yes. Milestone Bank is an FDIC-insured bank (FDIC certificate #58148). 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.

Milestone Bank: frequently asked questions

Is Milestone Bank a good bank?

Milestone Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (14.5% capital ratio); Profitable (ROA 0.48%).

Is Milestone Bank FDIC-insured?

Yes. Milestone Bank is a FDIC-insured bank (FDIC certificate #58148). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Milestone Bank?

Milestone Bank holds $361 million in total assets, ranking 29th of 42 banks we track in Utah. It operates 1 branch.

Does Milestone Bank have CFPB complaints?

No CFPB complaints against Milestone Bank appear in our data over the analysis window, which is typical for a bank of this size.

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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.

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