Finding a quality bank is essential to meeting your financial goals. Still, searching for the perfect bank can be challenging. Below I’ve shared a list of the best banks in Utah to make it easier to find the best banking solution.
Each of these banks has excellent reviews and offers a wide selection of financial services.
13 Best Banks and Credit Unions in Utah
Here are the best banks and credit unions to open an account within the state of Utah:
- US Bank
- Wells Fargo
- America First Credit Union
- First Community Bank Utah
- Zions Bank
- Central Bank
- First Utah Bank
- 1st Bank
- Bank of America
- Mountain America Credit Union
- American Express
- Goldenwest Credit Union
- University Credit Union
See the Best Bank Bonus Offers & Promotions in Utah
1. U.S. Bank 
U.S. Bank is a regional bank, or as they call it, a superregional bank, with 30+ locations throughout Utah.
The financial institution was started in 1863 and has built its business with its customers at the forefront of every decision. Today they are a bank that offers everything a customer may need, from checking and savings accounts to wealth management and everything in between.
In addition, you’ll find many branches throughout the state to do in-person banking, plus online and mobile banking options for remote banking.
U.S. Bank is the fifth largest bank in the country, but you don’t have to sacrifice satisfactory service to have the security of such a large bank handling your money. At U.S. Bank, you’ll find the following banking products:
- Checking
- Savings
- Debit cards
- CDs
- Personal loans and lines of credit
- Home loans
- Car loans
- Retirement products
- Wealth management services
Learn more:
- Read our full US Bank Review
2. Wells Fargo 
Wells Fargo is another nationwide bank, and they’re ranked top three in the country. They were founded in 1852 and have built on its product offerings to provide everything customers could need in one place.
Wells Fargo offers a large selection of products, including personal and business products, along with educational opportunities for customers. So whether you’re looking for a bank to open a checking account or you want help reaching your financial goals, you’ll find what you need at Wells Fargo, one of the largest banks in the country.
If you often travel or like the security of a large bank, Wells Fargo may offer everything you need.
Wells Fargo’s banking products include:
- Checking
- Savings
- CDs
- Home loans
- Personal loans
- Credit cards
- Auto loans
- Educational and financial tools
Learn more:
- Read our full Wells Fargo Review
3. America First Credit Union
America First Credit Union is the largest credit union in Utah. They have 98 locations in Utah and 122 locations throughout the country.
America First Credit Union opened in 1939. To join America First Credit Union, you must live, work, attend school, volunteer, or worship in any of these areas. If you do, you and your immediate family members are eligible to open an account.
America First Credit Union offers many competitively priced products and competitive APYs on deposit products. In addition, because they are not-for-profit, they can offer higher yields and lower fees than traditional banks.
America First Credit Union offers a large selection of products and often runs promos, so always check back to see their latest offers.
You’ll find the following banking products at America First Credit Union:
- Checking
- Money Market
- Savings
- Health Savings Accounts
- Dedicated Savings
- Wedding Savings
- Education Savings
- CDs
- Youth Savings
- IRAs
- Car, R.V., and power sport loans
- Personal loans
- Home equity loans
- Mortgage loans
4. First Community Bank Utah
First Community Bank first opened in 1905 as a local community bank. Today, they’ve collaborated with Glacier Bancorp to have a wider reach but still offer the small-town community bank feel.
First Community Bank is known for its excellent customer service, getting to know each customer and their financial goals to help everyone achieve their dreams. In addition, they offer a wide selection of personal and business bank products, including online and telephone banking, to make it easy to access your funds anytime.
With 12 branches in Utah, it’s easy to find a branch near you.
First Community Bank offers the following products:
- Checking
- Savings
- Retirement accounts
- Personal loans
- Mortgage loans
- Credit cards
5. Zions Bank
Zions Bank is headquartered in Salt Lake City, Utah, and originated in 1873. It’s one of the oldest banks in the west, and they provide a wide range of banking services for personal and business banking needs.
Zions Bank has 122 branches throughout Utah, Idaho, and Wyoming, offering online, mobile, and in-person banking.
At Zions Bank, you’ll find the following products:
- Checking
- Savings
- Student banking
- Foreign exchange solutions
- CDs
- IRAs
- Mortgage loans
- Credit cards
- Personal lines of credit
- Auto loans
6. Central Bank
Central Bank has been in business since 1891 and earned the title ‘Best Bank in Utah Valley’ for its excellent service. Despite its long history, you’ll find the most technologically advanced services at Central Bank, including online bill pay, mobile banking, and online money management tools.
Central Bank has 11 locations throughout Utah, each offering personalized service for your banking needs. They provide the best of both worlds between advanced online technology and in-person banking for those urgent needs.
Central Bank offers a large selection of personal and business banking products, including:
- Checking
- Savings
- CDs
- Personal lines of credit
- Construction loans
- HELOCs
- Lot loans
- Auto loans
- Recreational vehicle loans
- Mortgage loans
- Reward debit and credit cards
7. First Utah Bank
First Utah Bank is one of Utah’s most prominent community banks. They have seven branches throughout the state and offer the most robust line of banking products, including personal and business services. In addition, they use state-of-the-art technology to offer online and mobile banking services and constantly strive to make every customer’s experience productive and friendly.
Because they are a community bank, First Utah Bank is locally owned and operated. They keep their customers at the forefront of their decisions and know each customer by name when they come through the door.
First Utah Bank proudly serves its community and offers a diverse environment to support each of its customers.
At First Utah Bank, you’ll find the following personal banking services:
- Checking
- Savings
- Credit cards
- Debit cards
8. 1st Bank
1st Bank is a part of the Glacier Bank group, which owns many individual banks to give them the big bank feeling, with the personal service of a smaller bank. However, despite their ownership, 1st Bank has its own management team that makes decisions meant for the people of Utah with the backing of a large bank ranked within the top 10% in the country.
At 1st Bank, you’ll find various banking products to provide access to your funds anytime you need them.
At 1st Bank, they offer the following products:
- Checking
- Savings
- Retirement accounts
- Construction loans
- Personal loans
- Mortgage loans
- Debit cards
- Credit cards
9. Bank of America
Bank of America is a national bank with 16 branches in Utah. They are one of the largest banks in the country and offer a wide selection of products and services. The downside of working with such a large bank is you might earn lower APYs or pay higher fees for products because of their more significant overhead, but some people prefer the security of a larger bank.
At Bank of America, you’ll find more than just banking products. You’ll find various financial services, including consulting, to help you learn how to reach your financial goals. So whether you’re trying to build better money habits or you’re ready to invest, Bank of America has programs for you, and of course, like most big banks, they offer online and mobile banking.
At Bank of America, you’ll find the following products:
- Checking
- Savings
- Credit cards
- Mortgage loans
- Home equity loans
- Auto loans
- Portfolio building services
- A Better Money Habits service
Learn more:
- Read our full Bank of America Review
10. Mountain American Credit Union
Mountain America Credit Union is the second-largest credit union in Utah. To be eligible to join, you must live in certain counties or work for a Select Employer Group. Any immediate family members of eligible members are also eligible.
Mountain America has been open since the 1930s and has always had a customer-first philosophy. They work hard to support their community and members and provide as many products as possible to help them reach financial security.
There are over 90 branches across Utah, New Mexico, Idaho, Montana, Arizona, and Nevada, and at each branch, they are there to help you reach your financial goals.
You’ll find the following banking products at Mountain America:
- Checking
- Savings
- Youth savings
- Teen savings
- IRAs
- CDs
- Debit cards
- Credit cards
- Vehicle loans
- Home loans
- Personal loans
11. American Express
Most people only think of American Express for its credit card services, but they offer many financial services too. For example, if you like keeping all your financial accounts in one place, American Express can help you reach your goals.
Like most banks, American Express offers savings and checking accounts, but you’ll find some differences, such as no monthly maintenance fees, competitive APYs, and rewards on debit card purchases. They also don’t require a minimum balance. Couple that with state-of-the-art customer service and FDIC insurance, and you have everything you need in a bank.
You might not find as many loan services as you would at a community bank or credit union, but American Express’s bank offerings are robust for a well-known company.
The products American Express offers include:
- Credit cards
- Interest-bearing checking accounts
- High-yield savings accounts
- High-yield CDs
- Personal loans
12. Goldenwest Credit Union
Goldenwest Credit Union is the third-largest credit union in Utah and has multiple locations across eight Utah counties.
Goldenwest offers many ways to become a credit union member, and if one person is eligible, so are all immediate family members. They offer a wide selection of products to help members in any stage of life, and like most credit unions, they offer competitive rates and fees because they are a non-profit organization.
At Goldenwest Credit Union, you’ll find the following products:
- Checking
- Savings
- Kids’ saving
- Health savings account
- Education savings account
- IRA
- Money market
- Vehicle loans
- Home loans
- Home equity loans
- Credit cards
- Retirement planning
13. University Credit Union
University First Credit Union is another popular credit union in Utah. They’ve been open since 1956, serving the Utah community with a wide selection of financial products. To be eligible to join University First, you must reside, work, or worship in one of the following counties:
- Salt Lake
- Davis
- Summit
- Tooele
- Wasatch
- Utah
Like most credit unions, if one household member is eligible, then all are eligible. In addition, University Credit Union offers a wide selection of products for members that help them reach their financial goals while receiving competitive rates and fees.
At University Credit Union, you’ll find the following products:
- Checking
- Savings
- Money Market
- CDs
- IRAs
- Auto loans
- Personal loans
- Home loans
- Credit cards
How to Choose a Utah Bank
Identifying the best banks and credit unions starts with narrowing down your needs. For example:
- Do you need mobile banking?
- Do you prefer no-fee accounts?
- Could you sacrifice certain services?
Make a list of what’s important to you, and find a bank or credit union that best fits your financial needs.
Banks vs Credit Union
Banks and credit unions offer financial products that protect your money and help it grow, but there’s one major difference. Banks are for-profit, and credit unions are not-for-profit.
Because banks are for-profit, they may charge higher fees or pay lower APYs. You’ll notice the most significant difference in savings accounts or large loans, such as auto loans or mortgages. This is because banks have to make a profit to satisfy their investors.
Credit unions are owned by their members. So if you bank at a credit union, you’re a member. Credit unions don’t try to make a profit. Instead, they pass the savings to their members with higher APYs and lower fees.
Credit unions often have more flexible guidelines when qualifying for auto, personal, and real estate loans. As a result, you don’t need perfect credit, and if you have a unique situation, you won’t get turned away because you don’t meet the strict guidelines banks require.
Like banks, credit unions have insurance, but instead of FDIC insurance, they are insured by the National Credit Union Share Insurance Fund. Like bank deposit accounts, the insurance protects each depositor up to $250,000.
Finally, credit unions are more community-based. This doesn’t mean banks don’t care about their communities, and local banks are often just as invested in the community as credit unions. However, larger banks you find across the country may not be as involved in your local Utah community. If community involvement is crucial to you, look at community banks and credit unions.
Frequently Asked Questions
Who Is the Largest Credit Union in Utah?
America First Credit Union is the largest credit union in Utah. They offer a wide selection of products and competitive rates/fees. They’ve been open for over 80 years and have solutions for almost any financial situation.
Who Is the Best Credit Union in Utah?
In this case, the best credit union in Utah is also the largest. America First Credit Union offers the widest selection of products, works with its community, and provides some of the most competitive rates and fees.
What Is the Oldest Bank in Utah?
The first bank to open in Utah was Miners’ National Bank of Salt Lake City. They opened in 1866. They had $150,000. They were the first successful banking industry in Utah.
Which Bank Is in All 50 States?
Believe it or not, no one bank operates in all 50 states, including national banks.
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