Central Bank of Utah | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
Formally known as Central Bank and Trust Co., this privately owned community bank is based in Provo, Utah and was established in 1891. It operates ten locations exclusively in Utah County. The bank originated as the Springville Banking Company, created by local residents for secure gold storage, and adopted its current name following a merger in 1966.
As of September 30, 2025, it reported total assets of $2.045 billion, total deposits of $1.648 billion, and net loans of $1.308 billion, reflecting its stability and regional growth. The bank has been recognized as the "Best Bank in Utah Valley" and "Best Bank in Utah County" for its strong community commitment. Oversight is maintained by the Utah Department of Financial Institutions.
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