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Thrivent Bank

Salt Lake City, UT · Est. 2025 · Website ↗
B
Trust Grade
Strong
Score: 85/100

Thrivent Bank is a bank based in Salt Lake City, Utah, established in 2025, with $967 million in total assets across 1 branch. By Trust Grade it ranks 34th of 42 banks we track in Utah. Its capital ratio of 35.2% is stronger than 99% of similarly sized banks, versus a Utah median of 12.9%. It posted a loss over the most recent period (-0.55% return on assets), a point to watch. No consumer complaints against Thrivent 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
$967.1M
$100M–1B institution
Deposits
$595.6M
Branches
1
Capital ratio
35.2%
Top 1% of $100M–1B peers · Utah median 12.9%
Return on assets
-0.5%
Bottom 2% of $100M–1B peers · Utah median 1.82%
Rank in Utah
#34
of 42 banks

How Thrivent Bank compares to Utah peers

Capital ratio
Top 1% of $100M–1B peers
Thrivent Bank
35.2%
Utah median
12.9%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 2% of $100M–1B peers
Thrivent Bank
-0.5%
Utah median
1.8%
Higher ROA = more profitable relative to asset base

How we graded Thrivent Bank

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

Financial strength
85/100
Customer experience
n/a
Overall
B · 85
  • Strongly capitalized (35.2% capital ratio)
  • Unprofitable over the period (ROA -0.55%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

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

Branch locations (1)

  • 2855 E Cottonwood Pkwy, Salt Lake City, UT 84121

Are deposits at Thrivent Bank insured?

Yes. Thrivent Bank is an FDIC-insured bank (FDIC certificate #59286). 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.

Thrivent Bank: frequently asked questions

Is Thrivent Bank a good bank?

Thrivent Bank earns a Bankzia Trust Grade of B (85/100, "Strong"), based on a financial-strength score of 85/100 (it has no CFPB complaints on record). Strongly capitalized (35.2% capital ratio); Unprofitable over the period (ROA -0.55%).

Is Thrivent Bank FDIC-insured?

Yes. Thrivent Bank is a FDIC-insured bank (FDIC certificate #59286). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is Thrivent Bank?

Thrivent Bank holds $967 million in total assets, ranking 34th of 42 banks we track in Utah. It operates 1 branch.

Does Thrivent Bank have CFPB complaints?

No CFPB complaints against Thrivent 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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