Redemption Bank
Chartered Bank Active FDIC Insured
Health Score
4.0 / 10
2020 E Murray Holladay Road, Salt Lake City, UT 84117
Financial Overview
Total Assets $71.6M
Total Deposits $57.2M
Profitability (ROA) -1.22%
Shareholder Return (ROE) -6.26%
Capital Cushion (Eq/Assets) 19.38%
Established 02/20/1974
Risk & Growth Profiles
✓ Clean Regulatory Record
No recent history of FDIC conservatorship or financial failure.
Deposit Momentum
$57.2M avg deposits per branch.
Measures how much capital the bank holds against its physical footprint. A higher ratio indicates a highly liquid, lower-overhead lending profile.
Operations & Contact
Contact
Website: www.redemptionbank.com
FDIC Certificate #: 21448
Specialization: Commercial Lending Specialization