Finance Atlas

Banking & Mortgage-Lending Access in Utah

217 FDIC-insured institutions (42 currently active) are recorded in Utah in FDIC BankFind. HMDA 2024 data report an overall mortgage application denial rate of 21.5% in Utah.

FDIC data as of 2026 · HMDA data year 2024 · Last export: June 20, 2026

217
FDIC institutions (total)
42
Currently active
21.5%
Overall denial rate (HMDA 2024)
87,207
Loans originated (2024)
This page is a reference catalog of provenanced public data. It informs and compares; it does not recommend lenders and gives no financial advice. HMDA denial-rate figures are reported statistics and do not establish why rates differ across applicant groups. To verify a lender's FDIC status, use FDIC BankFind. To file a complaint, visit the CFPB. To find a HUD-approved housing counselor: HUD.gov.

How many FDIC-insured institutions are in Utah?

FDIC BankFind records 217 FDIC-insured institutions (all historical) in Utah, of which 42 are currently active. Counts include banks, savings banks, and other insured depository institutions across all charter classes.

Metric Count
Total FDIC-insured institutions (historical) 217
Currently active 42

Source: FDIC BankFind (src:fdic:bankfind:2026). Verify: https://banks.data.fdic.gov/

What types of banks are chartered in Utah?

FDIC uses charter class codes to categorize insured depository institutions. The breakdown for Utah:

Charter class Description Count
NM State non-member bank (Fed non-member) 128
N National bank (OCC-chartered) 32
SM State member bank (Fed member) 20
SL Savings institution (state-chartered S&L) 15
NC Non-deposit trust company 11
SB Savings bank (state-chartered) 11

Source: FDIC BankFind (src:fdic:bankfind:2026). Charter class labels per FDIC BankFind official definitions.

What was the mortgage application denial rate in Utah? (HMDA 2024)

HMDA 2024 data report an overall mortgage application denial rate of 21.5% in Utah. The table below shows reported denial rates by applicant race where available in the HMDA dataset.

Methodology note: HMDA captures race where the applicant chose to report it. Denial rates reflect all recorded denial reasons (credit history, DTI, collateral, etc.) and do not establish why rates differ across groups. These figures are descriptive FFIEC statistics, not findings of lending discrimination.
Applicant group (reported) Denial rate
Overall 21.5%
White applicants 20.3%
Black applicants 30.9%
Black/White denial rate ratio 1.52x

Source: FFIEC HMDA (src:ffiec:hmda:2024). Verify: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=UT

Mortgage origination volume in Utah (2024)

HMDA 2024 data record 87,207 originated mortgage loans in Utah , totaling $29.9B , with an average loan size of $342,492.

Metric Value
Originated loans (2024) 87,207
Total origination volume $29.9B
Average loan size $342,492

Source: FFIEC HMDA (src:ffiec:hmda:2024).

Sources & provenance

FDIC data — source id src:fdic:bankfind:2026, as of 2026. Verify via FDIC BankFind: https://banks.data.fdic.gov/

HMDA data — source id src:ffiec:hmda:2024, data year 2024. Verify via FFIEC Data Browser: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=UT

Data exported June 20, 2026 · content hash 8b1861f05e89f4c6 · machine-readable brief: /finance/states/ut/context.md

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