Bank Of Utah vs Nephi Western Employees
Comparing a Bank in Ogden, UT with a Credit Union in Nephi, UT using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Bank Of Utah ↗ Bank · Ogden, UT · Est. 1952 | Nephi Western Employees ↗ Credit Union · Nephi, UT · Est. 1950 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Credit Union |
| Location | Ogden, UT | Nephi, UT |
| Total assets | $3.7B | $46.1M |
| Capital ratio | 12.2% | 34.3% |
| Return on assets | 1.3% | 1.4% |
| Deposits | $2.9B | — |
| Branches | 20 | 2,916 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #1 of 42 | #1 of 52 |
| Established | 1952 | 1950 |
Bank Of Utah
- Assets: $3.7B
- Deposits: $2.9B
- Capital ratio: 12.2%
- Return on assets: 1.3%
- CFPB complaints: 0
- State rank: #1 of 42
Nephi Western Employees
- Assets: $46.1M
- Members: 2,916
- Capital ratio: 34.3%
- Return on assets: 1.4%
- CFPB complaints: 0
- State rank: #1 of 52
Are both institutions federally insured?
Yes. Bank Of Utah is FDIC-insured and Nephi Western Employees is NCUA-insured. Both protect deposits up to $250,000 per depositor, per ownership category, regardless of Trust Grade. The Trust Grade reflects financial strength and complaint history — not the safety of insured deposits. Estimate your coverage →
Frequently asked questions
Which is better, Bank Of Utah or Nephi Western Employees?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Bank Of Utah scores higher with a grade of A (98/100). However, "better" depends on your needs: if you prioritize branch access, local service, or membership eligibility for a credit union, the lower-scoring option may still be the right choice for you.
Is Bank Of Utah safe?
Yes — Bank Of Utah is FDIC-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected regardless of the institution's Trust Grade. Its Trust Grade is A (98/100), reflecting its financial strength and complaint history relative to peers.
Is Nephi Western Employees safe?
Yes — Nephi Western Employees is NCUA-insured, meaning deposits up to $250,000 per depositor, per ownership category are federally protected. Its Trust Grade is A (98/100).
What is the capital ratio of Bank Of Utah vs Nephi Western Employees?
Bank Of Utah has a capital ratio of 12.2%, placing it in the top 21% of $1B–10B peers. Nephi Western Employees's ratio is 34.3%, placing it in the top 4% of <$100M peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Bank Of Utah have compared to Nephi Western Employees?
The CFPB database shows 0 complaints against Bank Of Utah, and 0 complaints against Nephi Western Employees. The per-$1B rate adjusts for institution size and is a more meaningful comparison metric.
How does Bankzia calculate the Trust Grade?
The Trust Grade combines a financial strength score (based on capital ratio, return on assets, and other FDIC/NCUA metrics) with a customer experience score derived from CFPB complaint data. The scores are weighted and normalized within peer groups by institution size and type. See our full methodology for details.
Compare Bank Of Utah with other Banks in Utah
Financial data from FDIC and NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
