Prime Alliance Bank is an FDIC insured institution headquartered at
1868 S 500 W, Woods Cross, UT 84010.
It was founded in
2004 and has approximately $1 billion in assets. Customers can open an account at one of its 1 branches.
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Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .
Overview 2026
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 57920
Date Established
2004
Assets
$ 1,073.32 million
Loans
$ 823.82 million
Deposits
$ 968.32 million
Capital
$ 101.77 million
Summary Balance Sheet as of September 30, 2025
ASSETS
Cash & Balances due from depository institutions
$ 6.77 million
Interest-bearing balances
$ 2.90 million
Total securities
$ 169.63 million
Federal funds sold and reverse repurchase
$ 62.19 million
Net loans and leases
$ 823.82 million
Loan loss allowance
$ 29.04 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 7.61 million
Total Assets
$ 971.55 million
LIABILITIES
Total deposits
$ 968.32 million
Interest-bearing deposits
$ 932.03 million
Deposits held in domestic offices
$ 968.32 million
% insured (estimated)"
87.47%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 1.52 millionn
Total Liabilities
$ 971.55 million
Shareholders’ Equity
$ 101.77 million
Summary Income Statement as of September 30, 2025
INCOME AND EXPENSES
Total Interest Income
$ 80.54 million
Total Interest Expense
$ 35.40 million
Net interest income
$ 45.14 million
Provision for loan and lease losses
$ 12.18 million
Total non interest income
$ 0.06 million
Total non interest expense
$ 9.48 million
Pre-tax Net Operating Income
$ 6.99 million
Customer Reviews for Prime Alliance Bank (4)
Rated 3.50 stars out of 5 - based on 4 reviews
howdoyoudo
July 18, 2022 |
And how is this an online bank if they are inundating me with invitations to a customer appreciation free movie showing in some remote location in Utah?
Joe L 23
October 30, 2021 |
This bank only pays interest quarterly. I am not sure what this means, other than that I need to remember to close the account whenever I do close it on Jan 1, April 1, July 1 or Oct 1. Not sure if there are other considerations, but it is unusual and makes me uncomfortable. No other issues so far.
turlow1978
October 16, 2021 |
They almost made this too easy to open.
JLawrence1
October 13, 2021 |
Easy opening and funding. Did not need to speak to anyone.
Branches
Click on location and enter new zip number to change."
Your current location is: New York City, NY
howdoyoudo
July 18, 2022 |
And how is this an online bank if they are inundating me with invitations to a customer appreciation free movie showing in some remote location in Utah?
Joe L 23
October 30, 2021 |
This bank only pays interest quarterly. I am not sure what this means, other than that I need to remember to close the account whenever I do close it on Jan 1, April 1, July 1 or Oct 1. Not sure if there are other considerations, but it is unusual and makes me uncomfortable. No other issues so far.
turlow1978
October 16, 2021 |
They almost made this too easy to open.
JLawrence1
October 13, 2021 |
Easy opening and funding. Did not need to speak to anyone.