Central Bank
FDIC #9204
📍 Provo, Utah
Central Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 10/17/1891. With assets of $1.95 Billion, it operates 12 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: November 1, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
November 1, 2023
Satisfactory
November 1, 2020
Satisfactory
July 1, 2018
Outstanding
💰 Financial Strength
Total Assets$1.95 Billion
Total Deposits$1.51 Billion
Equity Capital$215.91 Million
Net Income$21.14 Million
📈 Performance
ROA1.42%
ROE13.39%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established10/17/1891
FDIC Cert9204
Holding CoCentral Bcorp
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 6:00 PM
SaturdayClosed
SundayClosed
📜 Institutional History
2020
Relocation
Moved HQ to: 75 North University Avenue, Provo, UT 84601.
2017
Name Change
Name became: Changed Institution Name To Central Bank.
1992
Name Change
Name became: Changed Institution Name To Central Bank.
1967
Name Change
Name became: Changed Institution Name To Central Bank And Trust Company.