Utah Independent Bank vs State Bank Of Southern Utah
Comparing a Bank in Salina, UT with a Bank in Cedar City, UT using federal FDIC, NCUA, and CFPB data. Trust Grades reflect financial strength and complaint history.
| Utah Independent Bank ↗ Bank · Salina, UT · Est. 1977 | State Bank Of Southern Utah ↗ Bank · Cedar City, UT · Est. 1957 | |
|---|---|---|
| Trust Grade | A · 98/100 | A · 98/100 |
| Institution type | Bank | Bank |
| Location | Salina, UT | Cedar City, UT |
| Total assets | $163.0M | $2.7B |
| Capital ratio | 15.1% | 11.3% |
| Return on assets | 3.4% | 1.8% |
| Deposits | $136.5M | $2.3B |
| Branches | 4 | 17 |
| CFPB complaints | 0 | 0 |
| Complaints / $1B assets | — | — |
| State rank | #4 of 42 | #2 of 42 |
| Established | 1977 | 1957 |
Utah Independent Bank
- Assets: $163.0M
- Deposits: $136.5M
- Capital ratio: 15.1%
- Return on assets: 3.4%
- CFPB complaints: 0
- State rank: #4 of 42
State Bank Of Southern Utah
- Assets: $2.7B
- Deposits: $2.3B
- Capital ratio: 11.3%
- Return on assets: 1.8%
- CFPB complaints: 0
- State rank: #2 of 42
Are both institutions federally insured?
Yes. Utah Independent Bank is FDIC-insured and State Bank Of Southern Utah is FDIC-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, Utah Independent Bank or State Bank Of Southern Utah?
Based on Bankzia's Trust Grade — which blends financial strength (capital ratio, ROA) with CFPB complaint history — Utah Independent Bank 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 Utah Independent Bank safe?
Yes — Utah Independent Bank 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 State Bank Of Southern Utah safe?
Yes — State Bank Of Southern Utah is FDIC-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 Utah Independent Bank vs State Bank Of Southern Utah?
Utah Independent Bank has a capital ratio of 15.1%, placing it in the top 10% of $100M–1B peers. State Bank Of Southern Utah's ratio is 11.3%, placing it in the top 33% of $1B–10B peers. A higher capital ratio generally signals a stronger financial cushion.
How many complaints does Utah Independent Bank have compared to State Bank Of Southern Utah?
The CFPB database shows 0 complaints against Utah Independent Bank, and 0 complaints against State Bank Of Southern Utah. 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 Utah Independent Bank with other Banks in Utah
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is independent and not affiliated with any government agency or financial institution.
