UMB Bank Overview

UMB Bank is a regional financial institution headquartered in Kansas City, Missouri, and a subsidiary of UMB Financial Corporation. With roots dating back to 1913, the bank serves personal, business, and commercial customers across multiple U.S. markets. Its services include checking and savings accounts, credit cards, personal loans, mortgages, commercial lending, treasury management, and wealth management.

In Utah, UMB Bank operates a full-service retail branch and commercial banking office in Midvale, along with an additional commercial banking office in Salt Lake City. The bank’s presence combines everyday consumer banking with business lending and specialized financial services, reflecting its broader regional banking operations.

Table of Contents

• History and Expansion in Utah
• UMB Bank Products and Services
  • Checking Accounts
  • Savings Accounts
  • Certificates of Deposit
  • Credit Cards
  • Loans
  • Mortgages and Home Loans
  • Business Checking Accounts
• Conclusion
• Related Banks

History and Expansion in Utah

UMB Bank traces its origins to 1913, when it was founded as City Center Bank in Kansas City, Missouri. The bank became associated with the Kemper family in 1918 and expanded over the following decades, developing from a local institution into a regional banking organization. Today, UMB Bank, National Association, operates as a subsidiary of UMB Financial Corporation, providing personal, commercial, institutional, and wealth management services.

A major milestone came on January 31, 2025, when UMB Financial Corporation completed its acquisition of Heartland Financial USA, expanding its banking footprint from 8 to 13 states. The transaction brought several regional banking brands into UMB, including Arizona Bank & Trust, Citywide Banks, and Bank of Blue Valley. On October 16, 2025, UMB completed the systems and brand conversion, integrating the former Heartland banks under the UMB name.

Expansion in Utah

UMB established a presence in Utah through commercial banking before developing its retail branch network. Its operations expanded to include commercial lending, treasury management, fund services, and corporate trust services, supporting businesses and institutional clients in the state.

In January 2026, UMB opened its first Utah full-service retail branch at 911 E. Fort Union Boulevard in Midvale. The bank also operates commercial banking centers in Midvale and Salt Lake City. Its Utah presence now combines consumer banking with commercial and institutional financial services, although its retail branch network remains limited to Midvale.

UMB Bank Products and Services

UMB Bank provides personal, business, and commercial financial services, including deposit accounts, lending, digital banking, and wealth management.

• Checking Accounts: Personal checking options with different balance requirements, fees, and account features.
• Savings Accounts: Traditional savings and money market accounts for different savings needs.
• Certificates of Deposit: Fixed-term deposit accounts with standard and jumbo options.
• Credit Cards: Consumer credit cards offering cash-back rewards, travel rewards, and other benefits.
• Loans: Personal loans, auto loans, and additional consumer financing options.
• Mortgages and Home Equity: Home purchase loans, refinancing, home equity loans, and home equity lines of credit.
• Business Banking: Business checking, savings, credit cards, and commercial lending.
• Treasury Management: Cash flow management, ACH payments, wire transfers, remote deposits, and fraud prevention services.
• Digital Banking: Online and mobile banking for account management, transfers, payments, and deposits.
• Wealth Management: Financial planning, investment management, retirement planning, and private banking services.

umb.com | UMB Bank personal products

Checking Accounts at UMB Bank

UMB Bank offers four personal checking accounts with different opening deposits, monthly fees, and account features. All accounts include a Visa debit card, online and mobile banking, mobile check deposit, and access to UMB ATMs without withdrawal fees. The bank accepts online applications from eligible Utah residents.

UMB Select Checking

UMB Select Checking is an interest-bearing account with additional banking benefits and loan discounts.

• Minimum Opening Deposit: $1,000
• Monthly Maintenance Fee: $20
• Fee Waiver: Maintain a $5,000 average collected balance, $10,000 in combined deposit balances, or $25,000 in combined deposit and loan balances.
• Key Features: Earns interest, offers check-order discounts, and includes certain loan rate and fee benefits.

UMB Value Checking

UMB Value Checking is an everyday checking account with multiple ways to avoid its monthly fee.

• Minimum Opening Deposit: $100
• Monthly Maintenance Fee: $8
• Fee Waiver: Maintain a $1,500 average collected balance, $3,000 in combined deposit balances, or receive a single direct deposit of at least $250 per monthly service charge cycle.
• Key Features: Unlimited deposits and withdrawals, discounted check orders, and three monthly non-UMB ATM withdrawals without a UMB fee.

UMB Free Checking

UMB Free Checking provides basic checking services without a monthly maintenance fee.

• Minimum Opening Deposit: $10
• Monthly Maintenance Fee: $0
• Fee Waiver: Not required.
• Key Features: Unlimited deposits and withdrawals, paper statements included, and traditional check-writing capabilities.

UMB Check-Free Banking

UMB Check-Free Banking is designed for customers who prefer debit card transactions instead of paper checks.

• Minimum Opening Deposit: $10
• Monthly Maintenance Fee: $5
• Fee Waiver: Not offered.
• Key Features: No check-writing or online bill payment capabilities, no overdraft charges, and four money orders per service charge cycle without a fee. Paper statements cost $2 per month.

Savings Accounts at UMB Bank

UMB Bank offers four personal savings and money market accounts, including options for children and customers maintaining larger balances. All accounts earn interest and include online banking, mobile check deposit, automatic transfers, and account alerts.

UMB Savings

UMB Savings is a traditional interest-bearing savings account with a low opening deposit and an option to avoid the monthly fee.

• Minimum Opening Deposit: $100
• Monthly Maintenance Fee: $3
• Fee Waiver: Maintain a $100 minimum daily ledger balance.
• Key Features: Earns interest on deposits and supports automatic savings transfers.

UMB Youth Savings

UMB Youth Savings is designed for children, with accounts opened by a parent or guardian in the child’s name.

• Minimum Opening Deposit: $25
• Monthly Maintenance Fee: $0
• Fee Waiver: Not required.
• Key Features: Interest-bearing account designed to help children develop savings habits. Available through UMB branches.

UMB Retail Money Market

UMB Retail Money Market combines interest-bearing savings with additional ways to access deposited funds.

• Minimum Opening Deposit: $100
• Monthly Maintenance Fee: $10
• Fee Waiver: Maintain a $1,000 average collected balance.
• Key Features: Tiered interest rates, check-writing privileges, and debit card access.

UMB Premium Savings

UMB Premium Savings is an interest-bearing account designed for customers who maintain larger savings balances.

• Minimum Opening Deposit: $25,000
• Monthly Maintenance Fee: $15
• Fee Waiver: Maintain a $25,000 minimum daily ledger balance.
• Key Features: Tiered interest rates and savings features for larger balances.

Certificates of Deposit at UMB Bank

UMB Bank offers Time Deposit Accounts, commonly known as certificates of deposit (CDs), with fixed interest rates and terms ranging from 3 to 72 months. The bank provides standard and jumbo CDs, with different opening deposit requirements. Eligible Utah residents can open standard CDs online, while jumbo deposits require a branch visit.

UMB Standard Time Deposit

UMB Standard Time Deposits allow customers to earn a fixed interest rate over a selected term.

• Available Terms: 3, 6, 9, 12, 24, 36, 48, 60, and 72 months.
• Minimum Opening Deposit: $500
• Monthly Maintenance Fee: No recurring monthly maintenance fee listed.
• Key Features: Fixed interest rate, automatic renewal option, and potential use as collateral for a consumer loan, subject to credit approval.
• Early Withdrawal: Penalties apply when funds are withdrawn before maturity.

UMB Jumbo Time Deposit

UMB Jumbo Time Deposits are designed for customers depositing $100,000 or more.

• Available Terms: 3, 6, 9, 12, 24, 36, 48, 60, and 72 months.
• Minimum Opening Deposit: $100,000
• Monthly Maintenance Fee: No recurring monthly maintenance fee listed.
• Key Features: Fixed interest rate, automatic renewal option, and in-branch account opening.
• Early Withdrawal: Penalties apply when funds are withdrawn before maturity.

IRA Eligibility: UMB’s advertised standard and jumbo Time Deposit Accounts are not available for individual retirement accounts. A separate IRA CD product was not verified.

Credit Cards at UMB Bank

umb.com | UMB Bank’s personal credit card webpage featuring the Simply Rewards, Travel Select, and Direct Cash Visa Signature credit cards.

UMB Bank offers four personal credit cards, including rewards cards and a secured credit card for building credit. The cards are issued by UMB Bank, National Association, under license from Visa. Common features include online account management, digital wallet compatibility, and Visa security protections.

UMB Simply Rewards Visa Credit Card

Best for: Everyday purchases such as groceries, gas, and dining.

• Annual Fee: $0
• Rewards: 3 points per $1 at gas stations, grocery stores, discount stores, restaurants, and fast-food establishments; 1 point per $1 on other purchases.
• Key Features: Everyday spending rewards, flexible point redemption, and Visa benefits.

UMB Travel Select Visa Credit Card

Best for: Customers who regularly spend on travel-related purchases.

• Annual Fee: $0
• Rewards: 3 points per $1 on qualifying airfare, hotels, resorts, cruises, car rentals, and tour buses; 1 point per $1 on other purchases.
• Key Features: Travel-focused rewards, no foreign transaction fees, and Visa travel benefits.

UMB Direct Cash Visa Credit Card

Best for: Customers who prefer consistent rewards across different spending categories.

• Annual Fee: $0
• Rewards: 1.5 points per $1 on eligible purchases, redeemable for cash.
• Key Features: Cash redemption through statement credits or deposits into eligible checking and savings accounts.

UMB Secured Visa Credit Card

Best for: Customers establishing or rebuilding their credit history.

• Annual Fee: Refer to current secured card disclosures.
• Rewards: No rewards program advertised.
• Key Features: Requires a security deposit equal to the credit limit and is available through UMB branches. Responsible account management can help establish payment history.

Loans

umb.com | UMB Bank offers personal loans, auto financing, mortgages, and home equity lending options.

UMB Bank offers consumer loans for personal expenses, vehicle purchases, and recreational vehicle financing. Loan approval, available terms, and fees depend on the applicant’s creditworthiness and the type of financing.

Personal Loans

UMB offers unsecured personal loans for eligible existing customers who need financing for debt consolidation, unexpected expenses, or major purchases.

• Loan Amounts: $2,000–$25,000
• Collateral: Not required for qualifying unsecured loans.
• Eligibility: Must be an existing UMB deposit customer and at least 18 years old.
• Key Features: Fixed repayment installments and online loan management.

Auto Loans

UMB provides financing for new and used vehicles, including purchases from dealerships and private sellers.

• Loan Types: New and used vehicle purchases and refinancing.
• Refinancing: Minimum loan amount of $7,500; existing UMB auto loans are not eligible.
• Origination Fee: $250 may apply, depending on the customer’s UMB checking account relationship.
• Key Features: Online applications, fixed-rate financing, and repayment terms based on the vehicle and credit approval.

Recreational Vehicle Loans

UMB offers financing for recreational vehicles and other eligible personal-use vehicles.

• Eligible Vehicles: Motorcycles, boats, motor homes, recreational vehicles (RVs), and ATVs.
• Collateral: Generally secured by the financed vehicle.
• Key Features: Financing options depend on vehicle type, age, and the applicant’s qualifications.

Mortgages and Home Loans

UMB Bank offers mortgage financing for home purchases, refinancing, and borrowing against existing home equity. Its lending options include conventional mortgages, government-backed loans, jumbo mortgages, and home equity financing. Loan availability in Utah depends on the specific program, property, and borrower qualifications.

Conventional Mortgages

UMB offers conventional home loans with fixed and adjustable interest rates.

• Loan Options: Fixed-rate and adjustable-rate mortgages (ARMs).
• Down Payment: As low as 3% for qualifying borrowers.
• Key Features: Financing for primary residences and other eligible properties, subject to underwriting requirements.

Government-Backed Mortgages

UMB advertises several government-supported mortgage programs.

• FHA Loans: Government-insured mortgages with flexible qualification requirements.
• VA Loans: Financing for eligible military service members, veterans, and qualifying surviving spouses.
• USDA Loans: Financing for qualifying borrowers purchasing eligible rural properties.
• Key Features: Program-specific down payment, income, property, and eligibility requirements.

Jumbo Mortgages

UMB offers jumbo mortgages for home purchases exceeding conventional conforming loan limits.

• Loan Purpose: Financing higher-value residential properties.
• Key Features: Larger loan amounts with credit, income, asset, and down payment requirements determined through underwriting.

Mortgage Refinancing

UMB provides refinancing options for homeowners seeking to replace an existing mortgage.

• Loan Options: Fixed-rate and adjustable-rate refinancing.
• Key Features: Potential to change loan terms, adjust monthly payments, or access equity through eligible refinancing programs.

Home Equity Loans

UMB offers fixed-rate home equity loans secured by an existing residential property.

• Loan Structure: One-time lump-sum financing.
• Repayment: Fixed monthly principal and interest payments.
• Key Features: Can be used for home improvements, major purchases, and debt consolidation.

Home Equity Lines of Credit (HELOCs)

UMB offers revolving credit lines secured by residential home equity.

• Draw Period: 10 years.
• Repayment Period: 20 years.
• Annual Fee: $0.
• Key Features: Flexible borrowing, variable interest rates, and an option for qualifying customers to convert portions of their balance to fixed-rate repayment.
• Origination Fee: May be waived for qualifying UMB checking account holders.

UMB also advertises construction financing through its private banking services, rather than as a standard retail mortgage product. Individual mortgage and home equity programs may have geographic restrictions.

Business Checking Accounts at UMB Bank

UMB Bank offers three business checking accounts designed for small and medium-sized businesses with different transaction volumes and cash management needs. All accounts include online banking and access to business payment services, with additional features available depending on the account.

UMB Essential Business Checking

UMB Essential Business Checking is designed for businesses with relatively low transaction volumes and basic account management needs.

• Minimum Opening Deposit: $25
• Monthly Maintenance Fee: $10
• Fee Waiver: Maintain a $500 average collected balance or $1,500 in combined qualifying deposit balances.
• Transaction Allowance: 100 transactions per monthly cycle; $0.40 for each additional transaction.
• Cash Deposit Allowance: $5,000 in coin and currency deposits per monthly cycle.
• Key Features: Online bill payment, mobile check deposit, and check imaging.

UMB Advantage Business Checking

UMB Advantage Business Checking accommodates businesses with higher transaction volumes and cash deposit needs.

• Minimum Opening Deposit: $25
• Monthly Maintenance Fee: $25
• Fee Waiver: Maintain a $10,000 average collected balance or $15,000 in combined qualifying Advantage Business Checking balances.
• Transaction Allowance: 200 transactions per monthly cycle; $0.40 for each additional transaction.
• Cash Deposit Allowance: $10,000 in coin and currency deposits per monthly cycle.
• Key Features: Higher included transaction and deposit allowances, with optional QuickBooks access.

UMB Premier Business Checking

UMB Premier Business Checking includes additional treasury and online banking features for businesses managing more complex financial activity.

• Minimum Opening Deposit: $100
• Monthly Maintenance Fee: $55
• Fee Waiver: Maintain a $25,000 average collected balance or $40,000 in combined qualifying Premier Business Checking and Business Money Market balances.
• Transaction Allowance: 300 transactions per monthly cycle; $0.40 for each additional transaction.
• Cash Deposit Allowance: $15,000 in coin and currency deposits per monthly cycle.
• Key Features: QuickBooks access, Premier Business Online Banking, desktop remote deposit, and three incoming and three outgoing domestic wires per cycle.

UMB Bank also offers business money market accounts, certificates of deposit, business credit cards, loans and lines of credit, SBA financing, commercial real estate lending, and equipment financing. Additional services include merchant payment processing, ACH and wire transfers, remote deposits, treasury management, and commercial online banking. Larger businesses can access separate commercial checking accounts, including Commercial Checking, Commercial Performance Checking, and Solutions Commercial Checking.

umb.com | UMB Bank provides business checking, commercial lending, treasury management, and payment services.

Conclusion

UMB Bank has grown from a Kansas City institution founded in 1913 into a regional banking organization operating under UMB Financial Corporation. Its acquisition of Heartland Financial USA in 2025 expanded its banking footprint and strengthened its presence across multiple U.S. markets. In Utah, UMB combines commercial banking operations in Salt Lake City and Midvale with a full-service retail branch in Midvale, which opened in January 2026.

The bank offers checking and savings accounts, certificates of deposit, credit cards, personal loans, mortgages, and home equity financing. Its business services include deposit accounts, commercial lending, treasury management, and payment solutions. UMB’s combination of personal, business, and institutional financial services reflects its broader regional banking model and developing presence in Utah.

Related Banks

Disclaimer:
This page is not affiliated with, maintained by, or sponsored by UMB Bank. The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The logo is a registered trademark of UMB Financial Corporation.

Columbia Bank Overview

Columbia Bank is a regional financial institution headquartered in Lake Oswego, Oregon, serving individuals, businesses, and commercial clients across the western United States. The bank operates as a subsidiary of Columbia Banking System, Inc., headquartered in Tacoma, Washington. Its current identity reflects the combination of Columbia Bank and Umpqua Bank’s historical operations, following a major corporate merger in 2023 and the transition from the Umpqua Bank name to Columbia Bank in 2025.

With a network spanning 8 western states, Columbia Bank provides personal checking and savings accounts, certificates of deposit, credit cards, consumer loans, mortgages, commercial lending, and business banking services. In Utah, the bank has expanded its presence through commercial banking operations and physical locations in Draper and Pleasant Grove, offering financial services to individuals and businesses in the Salt Lake City metropolitan area and Utah County.

Table of Contents

• History and Expansion in Utah
• Columbia Bank Products and Services
  • Checking Accounts
  • Savings Accounts
  • Certificates of Deposit
  • Credit Cards
  • Loans
  • Mortgages and Home Loans
  • Business Checking Accounts
• Conclusion
• Related Banks

History

Columbia Bank’s history reflects the combination of 2 established Pacific Northwest banking institutions. Umpqua Bank, founded in 1953 in Roseburg, Oregon, expanded across the western United States, while the former Columbia Bank, based in Washington, developed its own regional banking network. In 2023, their parent companies, Umpqua Holdings Corporation and Columbia Banking System, Inc., completed a merger. The former Columbia Bank merged into Umpqua Bank, which continued operating under the Umpqua name, with Columbia Banking System as its parent company.

In 2025, Umpqua Bank officially changed its name to Columbia Bank, followed by the acquisition of Pacific Premier Bancorp, expanding the organization’s presence across western markets. Today, Columbia Bank operates as a subsidiary of Columbia Banking System, Inc., headquartered in Tacoma, Washington, while the bank maintains its corporate headquarters in Lake Oswego, Oregon. The institution operates across 8 western states, providing personal banking, commercial lending, treasury management, and wealth management services.

Expansion in Utah

Columbia Bank entered Utah in 2022, initially focusing on commercial banking and business lending. Operating under the Umpqua Bank name, it subsequently established a retail banking presence in South Jordan in 2023. As its Utah operations expanded, the bank added commercial real estate lending, treasury management, and specialized business banking services.

In 2026, Columbia Bank relocated its South Jordan operations to a larger retail branch and commercial office in Draper, located at 13947 Minuteman Drive, Suite 175. The bank also operates a FinancialHub in Pleasant Grove, at 2067 W Pleasant Grove Boulevard. A third location, the Sugar House FinancialHub at 904 E 2100 South in Salt Lake City, is scheduled to open in 2026.

Columbia Bank Products and Services

Columbia Bank offers a range of personal and business financial products and services, including:

• Checking Accounts: Personal checking options for everyday banking and money management.
• Savings Accounts: Traditional savings, money market accounts, and certificates of deposit (CDs).
• Credit Cards: Consumer credit cards for purchases, rewards, and credit management.
• Loans: Personal loans, vehicle financing, and lines of credit.
• Mortgages and Home Equity: Home purchase loans, refinancing, and home equity financing.
• Business Banking: Business checking and savings accounts, credit cards, and commercial lending.
• Treasury Management: Cash management, payment processing, and business financial solutions.
• Digital Banking: Online and mobile banking, mobile check deposits, bill payments, and transfers.
• Wealth Management: Investment, financial planning, and related advisory services.

columbiabank.com | Products and Services

Checking Accounts at Columbia Bank

Columbia Bank offers checking accounts designed for different banking needs, from basic everyday transactions to interest-bearing accounts with additional benefits. All 3 accounts include debit card access, online and mobile banking, bill pay, mobile check deposits, and account management tools.

Columbia Foundation Checking

Columbia Foundation Checking is a basic checking account designed for individuals who are new to banking or want straightforward account management.

• Minimum Opening Deposit: $25.
• Monthly Maintenance Fee: $3, waived for qualifying account holders under age 18 and eligible military participants.
• Minimum Balance: No ongoing minimum balance requirement.
• Key Features: No overdraft fees and Bank On certification.

Columbia Embark Checking

Columbia Embark Checking is an everyday checking account with no monthly maintenance fee and access to selected ATM and savings benefits.

• Minimum Opening Deposit: $25.
• Monthly Maintenance Fee: $0.
• Paper Statement Fee: $3 monthly, waived with paperless statements or when the primary account owner is age 62 or older.
• Key Features: Up to $10 in ATM-owner fee rebates per statement cycle with a $2,500 average monthly balance, plus one complimentary Grow Savings account when monthly transfer requirements are met.

Columbia Pinnacle Checking

Columbia Pinnacle Checking is an interest-bearing checking account designed for customers maintaining higher balances who want additional banking benefits.

• Minimum Opening Deposit: $200.
• Monthly Maintenance Fee: $20, waived with a $15,000 minimum daily balance or $25,000 in eligible combined deposit and loan balances.
• Key Features: Interest earnings, up to $25 in ATM-owner fee rebates per statement cycle, complimentary incoming wire transfers, and a Platinum Debit Card.
• Additional Benefits: Up to 5 complimentary Grow Savings or Thrive Money Market accounts, complimentary cashier’s checks, and no international debit-card processing fees.

Savings Accounts at Columbia Bank

Columbia Bank offers interest-bearing savings and money market accounts for short-term savings, financial goals, and larger deposit balances. Its primary options include Grow Savings, Thrive Money Market, and Prosper Money Market, with online and mobile banking access.

Grow Savings

Grow Savings is a traditional savings account designed for everyday saving with a low opening deposit.

• Minimum Opening Deposit: $25.
• Monthly Maintenance Fee: $3.
• Fee Waiver: Maintain a $200 minimum daily balance, make a qualifying monthly transfer from a Columbia personal deposit account, or qualify through age-based or eligible military benefits.
• Key Features: Interest earnings and complimentary deposits.

Thrive Money Market

Thrive Money Market is an interest-bearing account designed for customers who want to maintain accessible savings while earning interest.

• Minimum Opening Deposit: $100.
• Monthly Maintenance Fee: $10.
• Fee Waiver: Maintain a $1,000 minimum daily balance or qualify through a linked Pinnacle Checking account.
• Key Features: Interest earnings and ATM access.

Prosper Money Market

Prosper Money Market is designed for customers maintaining larger savings balances who want an interest-bearing account with balance-based fee waivers.

• Minimum Opening Deposit: $100.
• Monthly Maintenance Fee: $15.
• Fee Waiver: Maintain a $10,000 minimum daily balance or $25,000 in eligible combined account balances.
• Key Features: Interest earnings and ATM access.

Certificates of Deposit at Columbia Bank

Columbia Bank offers certificates of deposit (CDs) for individuals who want to earn interest over a fixed period. The bank provides several term options, including standard and retirement CDs, with a $1,000 minimum opening deposit for standard certificates and no monthly maintenance fees.

Standard Certificates of Deposit

Columbia Bank CDs allow customers to deposit funds for a specified term while earning interest.

• Available Terms: Multiple options, including 12-month and 24-month CDs.
• Minimum Opening Deposit: $1,000.
• Monthly Maintenance Fee: $0.
• Early Withdrawal: Penalties may apply when funds are withdrawn before maturity.

IRA Certificates of Deposit

IRA CDs combine certificate-based savings with the tax advantages available through qualifying individual retirement accounts.

• Minimum Opening Deposit: Generally $1,000.
• Available Terms: Various terms based on the selected certificate.
• Additional Contributions: Eligible IRA CDs may accept additional deposits of at least $500.
• Early Withdrawal: Bank penalties and applicable IRA tax rules may apply.

Credit Cards at Columbia Bank

columbiabank.com | Credit Cards

Columbia Bank offers consumer credit cards through Elan Financial Services, with options for earning cash back, travel rewards, everyday purchases, and building credit. Available cards include mobile payment capabilities, fraud protection, and 24/7 cardmember service.

Everyday Rewards+ Card

Best for: Everyday purchases, including dining, groceries, and gas.

• Annual Fee: $0.
• Rewards: 4X points on dining purchases, up to $2,000 per quarter; 2X points on eligible groceries, gas, EV charging, and streaming; 1X on other eligible purchases.

Max Cash Preferred Card

Best for: Cash-back rewards in selected spending categories.

• Annual Fee: $0.
• Rewards: 5% cash back in 2 selected categories on the first $2,000 in combined quarterly purchases, 2% in one everyday category, and 1% on other eligible purchases.

Travel Rewards+ Card

Best for: Travel, entertainment, and recreational spending.

• Annual Fee: $99, waived for the first 12 months.
• Rewards: 4X points on eligible travel, gas, EV charging, entertainment, and recreation; 1.5X on other eligible purchases.
• Key Features: Priority Pass Select airport lounge membership.

Reserve Rewards+ Card

Best for: Premium travel benefits and higher-value reward opportunities.

• Annual Fee: $390.
• Rewards: 6X points on eligible prepaid travel booked through the Rewards Center and 2X on other eligible purchases.
• Key Features: Priority Pass Select airport lounge membership.

College Real Rewards Card

Best for: Students establishing credit while earning rewards.

• Annual Fee: $0.
• Rewards: 1.5X points on eligible purchases.
• Key Features: Digital wallet compatibility and flexible reward redemption options.

Max Cash Secured Card

Best for: Building or rebuilding credit while earning cash back.

• Annual Fee: $0.
• Rewards: Up to 5% cash back in selected categories, 2% in one everyday category, and 1% on other eligible purchases.
• Key Features: Secured credit card requiring a refundable security deposit, subject to account terms.

Secured Card

Best for: Establishing or rebuilding credit without a rewards program.

• Annual Fee: $0.
• Key Features: Security deposit requirement, credit score access, automatic bill pay, and account alerts.

Loans

columbiabank.com | Loans and Lines of Credit

Columbia Bank offers personal loans and lines of credit for major purchases, unexpected expenses, and vehicle financing. Its lending options include unsecured and secured loans, fixed-rate installment loans, and revolving credit lines.

Personal Loans

Personal Loans provide unsecured financing for personal expenses, with fixed interest rates and predictable repayment schedules.

• Maximum Loan Amount: $50,000.
• Repayment Term: Up to 4 years.
• Origination Fee: $100.
• Collateral: Not required.

Personal Lines of Credit

Personal Lines of Credit provide revolving access to funds, allowing borrowers to withdraw money as needed within an approved credit limit.

• Credit Limits: $1,000–$100,000, depending on the credit line.
• Interest Rate Structure: Variable.
• Annual Fee: $35 or $75, depending on the credit line.
• Key Features: Access through checks, online transfers, branch advances, or telephone transfers.

Auto Loans

Auto Loans finance new and used vehicles through fixed-rate installment payments.

• New Vehicles: Repayment terms up to 7 years.
• Used Vehicles: Repayment terms up to 6 years.
• Origination Fee: $100.
• Collateral: The financed vehicle.

Boat and RV Loans

Boat and RV Loans provide fixed-rate financing for recreational vehicles and watercraft, with repayment terms based on the vehicle and loan qualifications.

Secured Personal Loans

Secured Personal Loans allow borrowers to use an eligible Columbia Bank certificate of deposit as collateral.

• Minimum Loan Amount: $1,000.
• Origination Fee: $100.
• Key Features: Fixed interest rate and repayment terms tied to the certificate’s maturity.

Mortgages and Home Loans

Columbia Bank offers mortgage and home equity financing for purchasing, refinancing, renovating, and building residential properties. Its home lending programs include conventional mortgages, government-backed loans, jumbo financing, and construction loans. Utah is among the states where Columbia Bank serves new home-lending customers.

Conventional Mortgages

Conventional Mortgages provide financing for home purchases and refinancing, with fixed-rate and adjustable-rate options.

• Fixed-Rate Mortgages: Consistent interest rates throughout the loan term.
• Adjustable-Rate Mortgages: Initial interest rates that may change periodically.
• Key Features: Multiple repayment terms and financing options.

Government-Backed Mortgages

Government-Backed Mortgages include programs designed for eligible borrowers seeking lower down payments or flexible qualification requirements.

• FHA Loans: Government-insured mortgages with low down-payment options.
• VA Loans: Financing for eligible military service members, veterans, and qualifying borrowers.
• USDA Loans: Financing for eligible properties and borrowers in qualifying rural areas.

Jumbo Mortgages

Jumbo Mortgages provide financing above conventional conforming loan limits.

• Rate Options: Fixed or adjustable.
• Key Features: Financing for higher-value residential properties, subject to underwriting requirements.

First-Time Homebuyer Programs

First-Time Homebuyer Programs provide mortgage options and guidance for eligible buyers purchasing their first home.

• Available Options: Conventional and government-backed financing.
• Key Features: Selected low down-payment programs and down-payment assistance opportunities, subject to eligibility.

Home Equity Lines of Credit (HELOCs)

Home Equity Lines of Credit allow homeowners to borrow against available home equity through a revolving credit line.

• Credit Limits: $5,000–$1,000,000 for the standard HELOC.
• Draw Period: 10 years.
• Repayment Period: 20 years.
• Annual Fee: $75.
• Key Features: Variable interest rates with an optional fixed-rate lock feature.

Construction and Renovation Loans

Construction and Renovation Loans finance new home construction, property improvements, and major renovations.

• Eligible Projects: New construction, remodeling, and qualifying energy-efficiency improvements.
• Key Features: Options combining construction financing and permanent mortgage financing through one application and closing.

Business Checking Accounts at Columbia Bank

Columbia Bank offers 4 business checking accounts for companies with different transaction volumes, cash management needs, and banking relationships. All accounts provide access to business debit cards, online and mobile banking, bill pay, electronic statements, and account management tools.

Community Business Checking

Community Business Checking is designed for small businesses and nonprofit organizations seeking straightforward banking with manageable balance requirements.

• Monthly Maintenance Fee: $10, reduced to $7 with paperless statements.
• Fee Waiver: Maintain a $1,000 minimum daily balance or $2,500 average monthly balance; eligible nonprofits also qualify.
• Checks: First 200 paid or deposited per monthly cycle are complimentary; $0.38 per additional check.
• Cash Transactions: First $10,000 deposited or purchased per monthly cycle are complimentary; $0.30 per $100 thereafter.

Marketplace Business Checking

Marketplace Business Checking is designed for growing businesses with higher transaction volumes and additional banking service needs.

• Minimum Opening Deposit: $100.
• Monthly Maintenance Fee: $25, reduced to $22 with paperless statements.
• Fee Waiver: Maintain a $25,000 minimum daily balance, $100,000 in qualifying combined balances, or an active Columbia Bank merchant services relationship.
• Checks: First 500 per monthly cycle are complimentary; $0.38 per additional check.
• Cash Transactions: First $20,000 per monthly cycle are complimentary; $0.30 per $100 thereafter.

Premier Business Checking

Premier Business Checking is designed for businesses with larger deposit relationships that need additional payment processing and fraud prevention services.

• Monthly Maintenance Fee: $100.
• Fee Waiver: Maintain a $100,000 minimum daily balance or $150,000 in qualifying combined balances.
• Checks: First 400 per monthly cycle are complimentary; $0.38 per additional check.
• Cash Transactions: First $20,000 per monthly cycle are complimentary; $0.30 per $100 thereafter.
• Key Features: Complimentary remote deposit capture for one account at one location and Reverse Positive Pay services.

Analyzed Business Checking

Analyzed Business Checking is intended for businesses with complex banking activities and higher transaction volumes.

• Monthly Maintenance Fee: $25.
• Earnings Credit Allowance: Eligible balances generate an earnings credit that may offset qualifying account analysis and service fees.
• Service Fees: Additional transaction and treasury management charges depend on the services used.
• Key Features: Account analysis and customizable treasury management services.

Columbia Bank also offers business savings and money market accounts, business credit cards, commercial loans and lines of credit, SBA financing, equipment financing, merchant services, and treasury management solutions, including ACH payments, wire transfers, remote deposits, and cash management tools.

Conclusion

Columbia Bank combines the histories of Umpqua Bank and the former Columbia Bank, following their 2023 merger, the adoption of the Columbia Bank name in 2025, and the acquisition of Pacific Premier Bancorp. Headquartered in Lake Oswego, Oregon, the bank operates across 8 western states and continues expanding its presence in Utah, with locations in Draper and Pleasant Grove and a planned FinancialHub in Sugar House, Salt Lake City.

Columbia Bank offers a range of personal and business banking services, including checking and savings accounts, certificates of deposit, credit cards, personal loans, mortgages, home equity financing, and commercial banking solutions. Its combination of physical locations, digital banking services, and specialized business lending provides banking options for individuals and businesses in Utah.

Related Banks

Disclaimer:
This page is not affiliated with, maintained by, or sponsored by Columbia Bank. The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The logo is a registered trademark of Columbia Banking System.

BMO Bank in Utah: Overview

BMO Bank N.A., commonly known simply as BMO, is the U.S. national bank owned by BMO Financial Corp., a wholly owned subsidiary of Bank of Montreal. The bank operates as part of BMO Financial Group, the broader corporate name used for Bank of Montreal and its subsidiaries and business lines. BMO Bank’s U.S. roots trace back to 1882, when Norman Wait Harris founded N.W. Harris & Co. in Chicago. The business later became Harris Bank and was acquired by Bank of Montreal in 1984, establishing the foundation for BMO’s modern U.S. retail banking operations.

BMO expanded substantially through later acquisitions, including Marshall & Ilsley and Bank of the West, which BMO acquired in 2023. That same year, the bank simplified its consumer-facing brand from BMO Harris Bank to BMO. Today, BMO Bank N.A. is headquartered in Chicago, Illinois, and operates a multistate branch network that includes 5 full-service branches in Utah. Utah residents can also access eligible BMO checking, savings, CDs, credit cards, mortgages, business banking, and digital banking services.

History and Expansion in Utah

BMO’s presence in Utah traces through Bank of the West, which established the branch network that BMO later inherited. Bank of the West’s Utah story initially appeared set to begin in 2000, when its parent, BancWest Corporation, agreed to acquire 68 branches from Zions Bancorporation and First Security Corporation, including 60 in Utah and 8 in Idaho. The branches represented about $2.1 billion in deposits and were being divested as part of the proposed Zions–First Security merger. However, that merger was later terminated, and because the branch sale depended on its completion, the transaction did not close.

Bank of the West ultimately established its Utah presence in 2004 through BancWest’s acquisition of Community First Bankshares, Inc., a Fargo, North Dakota-based holding company whose Community First National Bank operated branches in Utah and 11 other states. BancWest completed the $1.2 billion acquisition on November 1, 2004, and Community First National Bank was subsequently merged into Bank of the West and rebranded. The acquisition gave Bank of the West an established retail banking presence in Utah as part of a broader expansion across the western and midwestern United States.

BMO acquired Bank of the West from BNP Paribas on February 1, 2023, substantially expanding BMO’s presence across the western United States. Bank of the West branches and customer accounts were converted to the BMO brand and systems later that year, bringing its Utah locations into the BMO network. Today, BMO operates 5 full-service branches in Utah in Cottonwood Heights, Layton, Riverton, Salt Lake City, and Sandy.

BMO Products and Services

BMO offers personal, business, and commercial banking through its branches and digital platforms. Its U.S. services include deposit accounts, credit cards, mortgages and home equity products, business banking, commercial lending, and digital banking. Investment and wealth-management services are provided through affiliated BMO businesses.

• Checking, savings, money market accounts, and CDs
• Consumer credit cards
• Mortgages and home equity products
• Online and mobile banking
• Business checking, savings, credit cards, and lending
• SBA, merchant, treasury, and commercial banking services

BMO occasionally offers bonuses and promotional offers for checking accounts, credit cards, and other products. See our BMO Bank Promotions page for current offers.

Checking Accounts

bmo.com | Checking Accounts

BMO offers 3 primary personal checking accounts for U.S. customers. All include access to BMO Digital Banking, debit-card access, and fee-free transactions at BMO and Allpoint ATMs in the United States. The main differences are monthly fees, overdraft treatment, interest eligibility, and relationship benefits.

BMO Smart Advantage Checking

BMO Smart Advantage Checking is the bank’s straightforward everyday checking account with no monthly maintenance fee or minimum balance requirement.

Best for: Customers who want a simple checking account without a monthly maintenance fee.

• Monthly fee: $0
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: No monthly maintenance fee with access to more than 40,000 fee-free BMO and Allpoint ATMs

BMO Smart Money Checking

BMO Smart Money Checking is designed for customers who want everyday checking without overdraft fees.

Best for: Customers who want added protection against overdraft charges.

• Monthly fee: $5, or $0 for customers under age 25
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: $0 overdraft fees

BMO Relationship Checking

BMO Relationship Checking is an interest-bearing checking account that adds more benefits as customers maintain larger qualifying balances with BMO.

Best for: Customers who maintain larger balances and want interest, ATM-fee benefits, and relationship-based perks.

• Monthly fee: $25, with available waiver options
• Minimum balance requirement: $10,000 minimum daily ledger balance or $25,000 monthly combined balance to waive the fee
• Minimum to open: $25
• Key benefit: Earns interest and includes BMO Relationship Package benefits

Savings Accounts

BMO offers a standard savings account and a money market account for customers who want to keep funds accessible while earning interest. Rates can change, so customers should confirm current rates directly with BMO.

BMO Savings Builder

BMO Savings Builder is designed for customers building short- or long-term savings without a monthly maintenance fee.

Best for: Customers who want a straightforward savings account with no monthly fee.

• Monthly fee: $0
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: No monthly maintenance fee, with access to BMO savings goals, automatic transfers, and digital banking tools

BMO Growth Money Market

BMO Growth Money Market is designed for customers who want flexible access to savings while earning interest based on their balance and relationship with BMO.

Best for: Customers who maintain larger savings balances and want money market access without locking funds into a CD.

• Monthly fee: $10, waived with a $5,000 minimum daily balance
• Minimum balance requirement: $5,000 minimum daily balance to waive the monthly fee
• Minimum to open: $25
• Key benefit: Tiered interest with the potential for higher earnings when paired with qualifying BMO Relationship Checking activity

Certificates of Deposit (CDs)

BMO offers certificates of deposit for customers who want to earn a fixed return over a set term. CDs generally require customers to leave funds on deposit until maturity, and early withdrawals may be subject to penalties. Rates and available terms can change, so customers should confirm current options directly with BMO.

BMO CDs

BMO CDs provide fixed-term savings options for customers who do not need immediate access to their deposited funds.

Best for: Customers who want predictable earnings and can keep their money deposited for a defined term.

• Available terms: Multiple terms, generally ranging from 3 months to 5 years
• Minimum to open: $1,000
• Monthly fee: $0
• Key benefit: Fixed earnings for the selected term

BMO IRA CDs

BMO IRA CDs allow eligible customers to hold a certificate of deposit within a retirement account.

Best for: Customers who want fixed-term savings inside a Traditional, Roth, or SEP IRA.

• Account type: Traditional, Roth, or SEP IRA
• Minimum to open: $1,000
• Monthly fee: $0
• Key benefit: Fixed-term savings within a tax-advantaged retirement account

Customers should confirm current terms, renewal rules, grace periods, and early-withdrawal penalties directly with BMO before opening a CD.

BMO Credit Cards

bmo.com | Credit Cards

BMO currently offers several consumer credit cards in the United States, including cash-back, points-based rewards, travel-oriented, low-interest, and secured options. Annual fees and rewards vary by card. Existing BMO customers can apply for eligible cards online, while customers who do not already bank with BMO are directed to a BMO financial center to apply. Temporary welcome bonuses and promotional APRs are not included below.

BMO Cash Back Credit Card

BMO Cash Back Credit Card earns cash back on eligible everyday purchases.

Best for: Customers who want a straightforward cash-back card with no annual fee.

• Annual fee: $0
• Rewards: Cash back on eligible purchases, with higher earning categories for gas, EV charging, and groceries
• Welcome offer: Not included
• Other perks: Cell phone protection, extended warranty, and eligible Mastercard benefits

BMO Platinum Credit Card

BMO Platinum Credit Card is a non-rewards card designed for customers who prioritize financing features over ongoing rewards.

Best for: Customers who do not need rewards and prefer a basic credit card with no annual fee.

• Annual fee: $0
• Rewards: None
• Welcome offer: None
• Key benefit: Straightforward non-rewards credit card structure

BMO Platinum Rewards Credit Card

BMO Platinum Rewards Credit Card earns BMO Flex Rewards points on eligible purchases.

Best for: Customers who want a points-based rewards card without an annual fee.

• Annual fee: $0
• Rewards: 2 points per $1 on eligible gas, EV charging, and grocery purchases up to the applicable quarterly limit, then 1 point per $1
• Welcome offer: Not included
• Other perks: Cell phone protection, extended warranty, and roadside assistance

BMO Premium Rewards Credit Card

BMO Premium Rewards Credit Card offers elevated BMO Flex Rewards earnings across several everyday and travel categories.

Best for: Customers who spend regularly on gas, groceries, dining, hotels, and airfare and can benefit from the higher rewards structure.

• Annual fee: $95
• Rewards: 4 points per $1 on eligible gas, EV charging, groceries, and dining; 2 points per $1 on eligible hotels and airfare; 1 point per $1 on other eligible purchases, subject to applicable quarterly limits
• Welcome offer: Not included
• Other perks: No foreign transaction fees, cell phone protection, and a 10% anniversary points bonus

BMO Escape Credit Card

BMO Escape Credit Card is BMO’s travel-focused rewards card, with elevated points on several travel and dining categories.

Best for: Customers who travel frequently and can make use of higher rewards and travel-related benefits.

• Annual fee: $150
• Rewards: Elevated points on eligible airfare, hotels, dining, travel agencies, cruises, rideshare, taxis, and rental cars, with 1 point per $1 on other eligible purchases
• Welcome offer: Not included
• Other perks: Travel-related benefits and enhanced redemption value through BMO Flex Rewards

BMO Boost Secured Credit Card

BMO Boost Secured Credit Card requires a deposit account to secure the credit line and is designed for customers building or rebuilding credit.

Best for: Customers who want to establish or strengthen their credit history with a secured card.

• Annual fee: $25
• Rewards: None
• Security requirement: A savings deposit secures the credit limit
• Key benefit: Provides a secured credit-card option for customers working on their credit history

Loans

BMO does not currently prominently market a broad lineup of new unsecured personal loans or direct auto loans through its main U.S. consumer banking pages. Customers looking for personal, vehicle, recreational vehicle, marine, or other non-mortgage financing should contact BMO directly to confirm current availability and eligibility.

Mortgages and Home Loans

BMO offers mortgage and home-equity financing for eligible borrowers, including customers in Utah. Its lineup includes fixed- and adjustable-rate mortgages, government-backed and low-down-payment programs, jumbo loans, construction financing, and home-equity products.

Mortgages

BMO provides multiple mortgage options for home purchases and refinancing.

• Options: Fixed-rate, adjustable-rate, FHA, VA, jumbo, and construction loans
• Utah availability: Available to eligible borrowers

BMO Home Equity Line of Credit

A BMO HELOC provides revolving access to available home equity.

• Structure: Revolving line of credit
• Key benefit: Borrow as needed during the draw period

BMO Home Equity Loan

BMO Home Equity Loan provides a lump-sum loan secured by home equity.

• Structure: Fixed-term loan
• Key benefit: Predictable payments on a defined borrowing amount

Business Checking Accounts

bmo.com | Business Checking Accounts

BMO offers 4 primary business checking accounts for companies ranging from sole proprietors and small businesses to organizations with higher transaction volumes. The accounts include BMO Digital Banking and access to BMO and Allpoint ATMs in the United States.

BMO Simple Business Checking

BMO Simple Business Checking is designed for smaller businesses with relatively light transaction and cash-deposit activity.

• Monthly fee: $10, waived with a $100 average collected balance
• Included activity: Up to 100 transactions and $2,000 in cash deposits per statement period

BMO Digital Business Checking

BMO Digital Business Checking is designed for businesses that handle much of their banking electronically.

• Monthly fee: $10, waived with a $500 average collected balance
• Key benefit: Unlimited free incoming ACH transactions and incoming wire payments

BMO Premium Business Checking

BMO Premium Business Checking is designed for growing businesses that need more transaction and cash-deposit capacity.

• Monthly fee: $15, waived with a $1,500 average collected balance
• Included activity: Up to 200 transactions and $5,000 in cash deposits per statement period

BMO Elite Business Checking

BMO Elite Business Checking is an interest-bearing account for businesses with higher balances and transaction volumes.

• Monthly fee: $25, with available balance-based waiver options
• Included activity: Up to 500 transactions and $20,000 in cash deposits per statement period

BMO also offers business savings and money market accounts, business credit cards, lending, merchant services, treasury management, ACH and wire services, and commercial banking.

Conclusion

BMO Bank N.A. is the U.S. national bank operating under the BMO brand and ultimately owned by Bank of Montreal through BMO Financial Corp. Its U.S. history is rooted in Chicago and was shaped by major acquisitions including Harris Bank, Marshall & Ilsley, and Bank of the West. BMO’s Utah presence came through Bank of the West, giving the bank a physical branch network along the Wasatch Front.

Today, BMO offers Utah customers checking and savings accounts, money market accounts, CDs, credit cards, mortgages, home equity products, business banking, and digital banking services. The bank operates 5 full-service branches in Utah in Cottonwood Heights, Layton, Riverton, Salt Lake City, and Sandy, while eligible customers can also access many BMO products online.

Related Banks

Disclaimer:
This page is not affiliated with, maintained by, or sponsored by BMO Bank. The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The logo is a registered trademark of BMO Financial Corporation.

D.L. Evans Bank in Utah: Overview

D.L. Evans Bank is a family-owned regional community bank headquartered in Burley, Idaho, with roots dating back to 1904, when David Lloyd Evans founded the bank in Albion, Idaho. Originally focused on serving local farmers and residents, the bank has expanded across Idaho and into Utah while maintaining its community-banking approach. Today, it serves Utah customers through a network of branches along with online and mobile banking services. This profile covers its Utah presence, customer service, checking and savings accounts, credit cards, loans, and business banking options.

History and Expansion

D.L. Evans Bank was founded in 1904 in Albion, Idaho, by David Lloyd Evans and a group of southern Idaho businessmen. The bank began as a community institution serving local residents, farmers, and businesses, and it remained family-owned as it gradually expanded beyond its original market.

A major step in that expansion came in 1979, when the bank opened a branch in Burley. Burley later became the bank’s headquarters and a central base for its continued growth across southern Idaho.

D.L. Evans Bank expanded into Utah in 2018 with the opening of its first branch in Tremonton. Since then, it has grown its Utah footprint to include branches in Brigham City, Layton, Logan, Murray, Orem, South Ogden, and Tremonton, extending its presence from northern Utah into the Salt Lake Valley and Utah County.

Today, D.L. Evans Bank remains a family-owned regional community bank serving customers across Idaho and Utah. Its growth has expanded the bank well beyond its original Albion roots while retaining an emphasis on local banking relationships and community-based service.

D.L. Evans Bank Products and Services

D.L. Evans Bank offers a broad range of personal banking and financial services for customers in Utah and Idaho. Its lineup includes everyday deposit accounts, lending products, credit cards, digital banking tools, and investment services.

Main products and services include:

• Checking accounts
• Savings accounts
• Money market accounts
• Certificates of Deposit (CDs)
• Credit cards
• Mortgages and home loans
• Auto and personal loans

Customers can also manage their accounts through online and mobile banking, with access to services such as transfers, bill pay, account alerts, and digital payments.

Checking Accounts at D.L. Evans Bank

dlevans.com | Checking Accounts

D.L. Evans Bank offers several personal checking accounts available to customers in Utah, ranging from basic everyday checking to interest-bearing and age-based options. Across the lineup, customers generally have access to online banking, mobile banking with mobile deposit, eStatements, Visa debit cards, direct deposit, bill pay, and surcharge-free ATM access through the MoneyPass network.

Free Community Checking

Free Community Checking is the bank’s basic checking account with no monthly service charge or minimum balance requirement.

Best for: Customers who want straightforward checking without a monthly fee.

• Monthly fee: $0
• Minimum balance requirement: None
• Minimum to open: $100
• Key benefit: No monthly service charge or minimum balance requirement

Interest Checking

Interest Checking is an interest-bearing account for customers who want to earn interest while maintaining everyday access to their money.

Best for: Customers who maintain larger checking balances and want to earn interest.

• Monthly fee: $8 if the minimum balance is not maintained
• Minimum balance requirement: $1,500 to avoid the monthly fee
• Minimum to open: $100
• Key benefit: Earns interest on qualifying balances

Premier Checking

Premier Checking is designed for customers age 50 and older and provides everyday checking without a monthly service charge.

Best for: Customers age 50 or older who want checking without a monthly fee.

• Monthly fee: $0
• Minimum balance requirement: None
• Minimum to open: $100
• Key benefit: No monthly service charge for eligible customers age 50 and older

Premier Plus Checking

Premier Plus Checking combines the bank’s Premier benefits with the ability to earn interest.

Best for: Customers age 50 or older who maintain higher balances and want an interest-bearing checking account.

• Monthly fee: $8 if the minimum balance is not maintained
• Minimum balance requirement: $1,500 to avoid the monthly fee
• Minimum to open: $100
• Key benefit: Interest-bearing checking with benefits for customers age 50 and older

Secure Checking

Secure Checking combines everyday banking with additional protection-related services.

Best for: Customers who want extra protection benefits bundled with their checking account.

• Monthly fee: $7, with a $2 credit for eStatement enrollment
• Minimum balance requirement: None
• Minimum to open: $100
• Key benefit: Includes identity, cell phone, roadside assistance, and other protection-related benefits

Student Checking

Student Checking is designed for eligible students who want a simple account with access to the bank’s digital banking services.

Best for: Students who want checking without a monthly service charge.

• Monthly fee: $0
• Minimum balance requirement: None
• Minimum to open:$100
• Key benefit: No monthly service charge or minimum balance requirement

Savings Accounts

D.L. Evans Bank offers several savings options for Utah customers, including traditional savings, money market accounts, health savings, student savings, and custodial accounts. Across the lineup, customers generally have access to online banking, mobile banking, eStatements, direct deposit, and MoneyPass ATM access where applicable. Interest rates and APYs can change, so current rates should be verified directly with D.L. Evans Bank.

Community Savings

Community Savings is the bank’s standard personal savings account designed for customers who want a simple place to build savings over time.

Best for: Customers who want a basic savings account with a relatively low balance requirement.

• Monthly fee: $3 if the minimum balance is not maintained
• Minimum balance requirement: $100 to avoid the monthly fee
• Minimum to open: $100
• Key benefit: Earns tiered interest on qualifying balances

Money Market Account

The Money Market Account combines savings with more flexible access to funds and tiered interest rates.

Best for: Customers who maintain larger savings balances and want greater access to their money.

• Monthly fee: $10 if the minimum balance is not maintained
• Minimum balance requirement: $2,500 to avoid the monthly fee
• Minimum to open: $100
• Key benefit: Tiered interest rates with check-writing access

Executive Money Market Account

Executive Money Market is designed for customers who maintain significantly larger balances and want access to higher interest tiers.

Best for: Customers with larger cash balances who want a higher-tier money market option.

• Monthly fee: $15 if the minimum balance is not maintained
• Minimum balance requirement: $25,000 to avoid the monthly fee
• Minimum to open: $100
• Key benefit: Higher interest tiers for larger balances

Health Savings Account

The Health Savings Account allows eligible customers with a qualifying high-deductible health plan to set aside money for qualified medical expenses.

Best for: Eligible customers who want a tax-advantaged way to save for healthcare expenses.

• Monthly fee: $7 if the minimum balance is not maintained
• Minimum balance requirement: $200 to avoid the monthly fee
• Minimum to open: $100
• Key benefit: Tax-advantaged savings for qualified medical expenses

Certificates of Deposit

D.L. Evans Bank offers Certificates of Deposit (CDs) for customers who want a fixed-rate savings option and are comfortable keeping their money deposited for a set period. The bank offers terms ranging from 7 days to 5 years, giving customers flexibility to choose a short- or longer-term savings strategy.

• Minimum to open: $500
• Available terms: 7 days to 5 years
• Interest: Fixed for the selected term
• Interest payment options: Can be added to the CD or credited to another D.L. Evans Bank account
• Monthly maintenance fee: $0
• Automatic renewal: Available
• Early withdrawal: Subject to a penalty
• FDIC insurance: Eligible deposits are covered within applicable FDIC limits. See what FDIC Insurance means to Utah banks customers.

D.L. Evans Bank also offers IRA CDs as part of its retirement account lineup, including Traditional IRAs, Roth IRAs, SEP IRAs, and Coverdell Education Savings Accounts.

For customers with larger deposits, the bank also participates in CDARS and ICS, services that can spread deposits among participating financial institutions to provide access to expanded FDIC insurance coverage while allowing the customer to work through D.L. Evans Bank.

CD rates and APYs can change over time, so customers should verify current rates and available terms directly with D.L. Evans Bank before opening a certificate.

Credit Cards at D.L. Evans Bank

dlevans.com | Card Services

D.L. Evans Bank offers 3 personal Visa credit cards: a Low-Rate Credit Card, Rewards Credit Card, and Signature Rewards Credit Card. All 3 have no annual fee, fraud protection, contactless technology, My Cards controls, and integration with D.L. Evans Bank online banking. The 2 rewards cards earn points on qualifying purchases, while the Low-Rate card focuses on a lower variable rate.

Visa Low-Rate Credit Card

The Visa Low-Rate Credit Card is a straightforward option designed for customers who prefer a lower variable rate and do not need a rewards program.

Best for: Customers who keep lower balances, want a simple card, or are working on building credit.

• Annual fee: $0
• Rewards: None
• Welcome offer: None
• Intro APR: 0% for 6 months on purchases and balance transfers completed within 6 months of the open date
• Other perks: $500 minimum credit limit, contactless technology, My Cards controls, digital wallet support, fraud protection, and online banking integration

Visa Rewards Credit Card

The Visa Rewards Credit Card is designed for customers who want to earn points on qualifying purchases while avoiding an annual fee.

Best for: Customers who want a simple rewards card for everyday spending.

• Annual fee: $0
• Rewards: 1.5 points per $1 spent on qualified purchases
• Welcome offer: None
• Intro APR: 0% for 6 months on purchases and balance transfers completed within 6 months of the open date
• Other perks: $500 minimum credit limit, no international transaction fee, contactless technology, My Cards controls, digital wallet support, fraud protection, and online banking integration

Visa Signature Rewards Credit Card

The Visa Signature Rewards Credit Card combines the same rewards rate with a higher minimum credit limit and additional Visa Signature benefits.

Best for: Customers who want rewards and additional Visa Signature benefits.

• Annual fee: $0
• Rewards: 1.5 points per $1 spent on qualified purchases
• Welcome offer: None
• Intro APR: 0% for 6 months on purchases and balance transfers completed within 6 months of the open date
• Other perks: $5,000 minimum credit limit, no international transaction fee, Visa Signature benefits, contactless technology, My Cards controls, digital wallet support, fraud protection, and online banking integration

Loans

dlevans.com | Personal Loans

D.L. Evans Bank offers several consumer lending options for Utah customers, including personal loans, auto loans, home equity financing, mortgages, and construction loans. Loan availability, rates, terms, and credit requirements vary by product and borrower.

Personal Loans

D.L. Evans Bank provides personal lending for a variety of borrowing needs, including secured and unsecured financing.

Main options include:

• Personal loans
• Auto and vehicle loans
• Recreational vehicle loans
• Home equity loans and lines of credit
• Other secured consumer loans

These products can be used for major purchases, debt consolidation, unexpected expenses, or other personal financing needs, depending on the loan type.

Mortgages and Home Loans

D.L. Evans Bank offers mortgage financing for home purchases, refinancing, construction, and other residential lending needs. The bank works with borrowers through mortgage loan officers, including lending professionals serving its Utah markets.

Mortgage options may include:

• Conventional mortgages
• FHA loans
• VA loans
• USDA loans
• Jumbo loans
• Construction loans
• Home equity financing
• Refinancing

Mortgage rates, down payment requirements, eligibility, and loan terms can change, so borrowers should confirm current options directly with D.L. Evans Bank.

Business Checking

D.L. Evans Bank offers business banking services for companies in Utah and Idaho, with options for everyday deposit needs, cash management, borrowing, and business credit. Its business services are designed for organizations ranging from small local businesses to larger companies with more complex banking needs.

Main business banking products and services include:

• Community Business Checking
• Business Analysis Checking
• Business Interest Checking
• Business savings accounts
• Business online and mobile banking
• Online bill pay
• Cash management services
• Commercial loans
• SBA loans
• Commercial real estate financing
• Visa business credit cards

D.L. Evans Bank is also an SBA Preferred Lender, allowing it to process and approve eligible SBA loans through a streamlined lending process. Business customers can also use digital banking tools to monitor balances, transfer funds, make payments, and manage day-to-day account activity.

Conclusion

D.L. Evans Bank is a long-established family-owned regional community bank with roots in Idaho and a growing presence in Utah. Since entering Utah in 2018, the bank has expanded to several cities across northern Utah, the Salt Lake Valley, and Utah County. Its lineup includes personal checking and savings accounts, CDs, credit cards, consumer loans, mortgages, and a broad range of business banking services.

The bank may be a good fit for Utah customers who prefer a regional institution with physical branches, traditional banking products, and local lending relationships. Fees, rates, account features, lending terms, and product availability can change, so customers should verify current details directly with D.L. Evans Bank before opening an account or applying for a financial product.

Related Banks

Disclaimer:
This page is not affiliated with, maintained by, or sponsored by D.L. Evans Bank. The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The D.L. Evans Bank logo is a registered trademark of D.L. Evans Bank.

WaFd Bank in Utah: Overview

WaFd Bank is a regional financial institution with more than a century of history in the western United States. It was founded in Seattle in 1917 as Ballard Savings and Loan and became Washington Federal Savings and Loan in 1958 as its operations expanded. In 2019, the institution adopted the WaFd Bank name—pronounced “WaFed”—to create a clearer banking identity and reduce confusion with the federal government in Washington, D.C. This profile covers its history, presence in Utah, customer service, and main consumer and business products.

Expansion

WaFd Bank traces its history to 1917, when local business owners founded Ballard Savings and Loan Association in Seattle. The institution was established to help residents save money and obtain financing for homeownership.

In 1935, the organization converted from a state-chartered association to a federal savings and loan. In 1958, it adopted the Washington Federal name.

Over the following decades, Washington Federal expanded through branch openings, mergers, and acquisitions across the western United States. This growth transformed it from a Seattle-area savings and loan into a regional bank offering consumer deposits, mortgages, commercial banking, and business services.

The shorter WaFd Bank name, pronounced “WaFed,” became the bank’s public-facing brand in 2019. The holding company became WaFd, Inc. in 2023, and the operating bank formally changed its legal name to WaFd Bank in 2025.

Today, WaFd Bank operates more than 200 branches across 9 western states with a strong presence in the Pacific Northwest states of Washington and Oregon.

Expansion in Utah

Washington Federal entered Utah in 1993 through the acquisition of First Federal Savings Bank of Utah. The transaction established the bank’s presence in the state and added branches serving communities along the Wasatch Front and in other parts of Utah.

Its Utah operations initially reflected the institution’s traditional focus on savings and residential lending. Over time, the bank expanded its local services to include checking accounts, savings products, credit cards, business banking, commercial lending, and digital banking.

WaFd Bank currently operates 9 Utah branches in Draper, Holladay, Layton, Logan, Murray, Price, and Salt Lake City. Its presence includes locations along the Wasatch Front as well as branches in northern and eastern Utah.

WaFd Bank Products and Services

wafdbank.com | Products and Services

WaFd Bank offers personal, business, and commercial banking services through its branches and digital platforms. Its primary services include deposit accounts, credit cards, business financing, cash management, and commercial lending.

• Personal checking accounts
• Savings accounts, money market accounts, and CDs
• Traditional and Roth IRA deposit accounts
• Consumer credit cards
• Online and mobile banking
• Business checking and savings accounts
• Business credit cards, lines of credit, and term loans
• SBA financing
• Treasury and cash management services
• Merchant and payment processing services
• Commercial and commercial real estate lending

WaFd Bank continues to service existing mortgages and home equity accounts but is not currently accepting new home-financing applications.

Checking Accounts

wafdbank.com | Checking Accounts

WaFd Bank offers several personal checking accounts for customers who want basic banking, built-in rewards, account protection benefits, or interest on their balances.

Free Checking

Free Checking is WaFd Bank’s standard checking account without a monthly fee or ongoing balance requirement.

Best for: Customers who want a straightforward checking account for everyday banking.

• Monthly fee: $0
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: No monthly fee, with digital banking and access to thousands of fee-free ATMs

Spending Account

The Spending Account is powered by WaFd Bank’s Free Checking account and is designed for routine purchases and everyday money management.

Best for: Customers who want a simple account centered on daily spending.

• Monthly fee: $0
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: Simple spending access with a debit card and digital banking tools

Rewards Checking

Rewards Checking combines everyday banking with shopping discounts and account protection services.

Best for: Customers who expect to use the included rewards and protection benefits enough to justify the monthly fee.

• Monthly fee: $6
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: Includes gas savings, shopping discounts, identity protection, and mobile phone protection

Premium Rewards Checking

Premium Rewards Checking includes a broader package of identity, mobile phone, health, travel, and shopping benefits.

Best for: Customers who want expanded account perks and are comfortable paying a higher monthly fee.

• Monthly fee: $9
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: Expanded protection benefits, telehealth services, and travel and leisure discounts

Interest Checking

Interest Checking allows customers to earn interest on their checking balance while receiving premium account benefits.

Best for: Customers who maintain larger balances and can meet the requirements to waive the monthly fee.

• Monthly fee: $12, waived with qualifying balances
• Minimum balance requirement: $5,000
• Minimum to open: $25
• Key benefit: Earns interest on all balances and includes premium checking benefits

Savings Accounts

WaFd Bank offers standard savings, youth savings, and money market accounts for customers with different savings goals and balance levels. Rates can change, so customers should confirm current rates and account terms directly with the bank.

Start Savings

Start Savings is designed to help WaFd checking customers begin building savings with no monthly service charge.

Best for: WaFd checking customers who are starting with a smaller savings balance.

• Monthly fee: $0
• Minimum balance requirement: $0
• Minimum to open: $25
• Key benefit: No monthly fee or minimum balance requirement, but a WaFd checking account is required

Savings

The standard Savings account provides a straightforward place to keep funds accessible while working toward short- or long-term goals.

Best for: Customers who want a traditional savings account and can maintain the balance required to avoid the monthly fee.

• Monthly fee: $10, waived with the required balance
• Minimum balance requirement: $100 to waive the monthly fee
• Minimum to open: $25
• Key benefit: Basic savings account with convenient access through WaFd’s digital banking tools

Minor Savings

Minor Savings is designed for customers younger than 18 who are beginning to save and learn basic money-management habits.

Best for: Parents or guardians opening a savings account for a child or teenager.

• Monthly fee: $0
• Minimum balance requirement: $10
• Minimum to open: $10
• Key benefit: Youth-focused savings with no monthly service charge

High Yield Money Market

High Yield Money Market combines savings access with balance-based earnings for customers who maintain more money in the account.

Best for: Customers who want a money market account and can maintain at least $1,000 to avoid the monthly fee.

• Monthly fee: $10, waived with the required balance
• Minimum balance requirement: $1,000 to avoid the monthly fee
• Minimum to open: $25
• Key benefit: Balance-based earnings with continued access to deposited funds

Money Market

Money Market provides more flexibility than a CD while allowing customers to keep funds available for future needs.

Best for: Customers who want accessible savings and can maintain the balance needed to avoid the monthly fee.

• Monthly fee: $10, waived with the required balance
• Minimum balance requirement: $1,000 to avoid the monthly fee
• Minimum to open: $25
• Key benefit: Combines savings access with money market features

Indexed Money Market

Indexed Money Market is designed for customers with substantially larger balances and uses a variable rate connected to the federal funds rate.

Best for: Customers who maintain high savings balances and want access to their money without placing it in a fixed-term CD.

• Monthly fee: $10, waived with the required balance
• Minimum balance requirement: $25,000 to waive the monthly fee
• Minimum to open: $25,000
• Key benefit: Variable-rate money market account designed for larger balances

Certificates of Deposit (CDs)

WaFd Bank offers several certificate options for customers who want predictable earnings and can leave their money deposited for a set term. Rates and available terms can change, and early withdrawals may be subject to penalties.

Fixed-Rate CDs

Fixed-Rate CDs provide a fixed rate for the selected term.

• Terms: 3 to 60 months
• Minimum to open: $1,000
• Monthly fee: $0
• Key benefit: Predictable earnings for the full term

Minor CDs

Minor CDs are designed for customers younger than 18 and have a lower opening requirement than standard CDs.

• Eligibility: Customers younger than 18
• Minimum to open: $500
• Monthly fee: $0
• Key benefit: Lower opening requirement for youth savings

IRA CDs

IRA CDs allow customers to hold a certificate within a Traditional or Roth IRA.

• Account type: Traditional or Roth IRA
• Minimum to open: Confirm with WaFd Bank
• Monthly fee: $0
• Key benefit: Fixed-rate savings within a retirement account

Customers should confirm current rates, available terms, renewal rules, grace periods, and early-withdrawal penalties directly with WaFd Bank.

Credit Cards

wafdbank.com | Credit Cards

WaFd Bank offers a cash-back credit card for everyday spending and a secured card for customers building or rebuilding credit.

WaFd Bank Cash Back Credit Card

The WaFd Bank Cash Back Credit Card earns rewards on eligible everyday purchases.

Best for: Customers who want a straightforward cash-back card without an annual fee.

• Annual fee: $0
• Rewards: Cash back on eligible purchases
• Welcome offer: Not offered
• Intro APR: Not offered
• Other perks: Automatic statement credits, digital wallet compatibility, Roadside Dispatch, and eligible Visa benefits

WaFd Bank Secured Credit Card

The WaFd Bank Secured Credit Card requires a security deposit and is designed to help customers establish or rebuild credit.

Best for: Customers who want to build credit and may not qualify for an unsecured card.

• Annual fee: $0
• Rewards: Not offered
• Welcome offer: Not offered
• Intro APR: Not offered
• Other perks: Reports account activity to the major credit bureaus and may help build credit with responsible use

Loans

WaFd Bank’s current consumer lending options are limited. The bank does not prominently advertise new auto loans, recreational vehicle loans, or general-purpose personal loans as part of its main personal banking lineup.

Customers looking for personal financing should contact a local WaFd Bank branch to confirm whether any secured loans, personal loans, or lines of credit are currently available. Business customers have access to a broader lending lineup, including business term loans, lines of credit, SBA loans, equipment financing, and commercial real estate financing.

Mortgages and Home Loans

WaFd Bank has a long history in residential lending, but it is no longer accepting new applications for home financing. This includes new mortgage and home equity applications.

The bank continues to service existing:

• Mortgages
• Home equity lines of credit
• Construction loans for homes already under development
• Other previously established home loans

Existing mortgage customers can continue making payments, managing their accounts, and contacting WaFd Bank for loan servicing or homeowner assistance. Customers seeking a new mortgage, refinance, home equity loan, or HELOC will need to consider another lender.

Business Checking Accounts

wafdbank.com | Business Checking Accounts

WaFd Bank offers business deposit accounts, financing, payment services, and treasury tools for companies ranging from small owner-operated businesses to organizations with more complex transaction needs.

Free Business Checking

Free Business Checking is WaFd Bank’s entry-level business account with no monthly maintenance fee.

Best for: Small businesses, sole proprietors, and LLCs that want straightforward business checking.

• Monthly fee: $0
• Minimum balance requirement: $0
• Minimum to open: $100
• Key benefit: No monthly maintenance fee, with online banking and QuickBooks compatibility

Business Interest Checking

Business Interest Checking allows qualifying businesses to earn interest while maintaining access to standard business banking tools.

Best for: Businesses with moderate activity that typically maintain at least $5,000 in the account.

• Monthly fee: $15, waived with the required balance
• Minimum balance requirement: $5,000 average daily balance to waive the fee
• Minimum to open: $100
• Key benefit: Earns interest on eligible balances

Business Premier Checking

Business Premier Checking combines checking with a broader selection of treasury management and fraud-prevention services.

Best for: Growing businesses that need more payment, cash-flow, and account-management tools.

• Monthly fee: $75
• Minimum balance requirement: No balance-based fee waiver listed
• Minimum to open: $100
• Key benefit: Includes a broader suite of treasury services for managing payments and cash flow

Business Analyzed Checking

Business Analyzed Checking uses an activity-based pricing structure that allows account balances to offset eligible service charges.

Best for: Businesses with higher transaction volumes or more complex treasury needs.

• Monthly fee: Varies based on account activity
• Minimum balance requirement: Balances may be used to offset eligible fees
• Minimum to open: $100
• Key benefit: Customizable services and pricing based on the business’s banking activity

WaFd Bank also provides business savings and money market accounts, CDs, business credit cards, lines of credit, term loans, SBA financing, commercial real estate lending, merchant services, remote deposit capture, ACH and wire services, and fraud-prevention tools. 

Conclusion

WaFd Bank has grown from a Seattle savings and loan founded in 1917 into a regional bank serving communities across the western United States. The institution operated for decades under the Washington Federal name before adopting the WaFd Bank brand, pronounced “WaFed,” as part of its transition into a broader commercial banking organization.

Its Utah presence began in 1993 through the acquisition of First Federal Savings Bank of Utah. Today, WaFd Bank operates branches in Draper, Holladay, Layton, Logan, Murray, Price, and Salt Lake City, giving it a presence along the Wasatch Front as well as in northern and eastern Utah.

WaFd Bank’s core services include personal checking and savings accounts, CDs, credit cards, digital banking, business checking, business lending, treasury management, merchant services, and commercial financing. Its current consumer lending lineup is more limited, and the bank is no longer accepting new home-financing applications, although it continues to service existing mortgages and home equity accounts.

Overall, WaFd Bank may appeal to Utah customers who prefer a regional bank with local branches, traditional deposit products, and a broad business banking platform. Fees, rates, eligibility requirements, and product availability can change, so customers should confirm current terms directly with WaFd Bank before opening an account or applying for credit.​

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Disclaimer:
This page is not affiliated with, maintained by, or sponsored by WaFd Bank. The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The logo is a registered trademark of WaFd, Inc.