SoFi Bank, National Association

For information concerning SoFi Bank online bank, please click here.

SoFi Bank, National Association is an FDIC insured institution headquartered at 2750 E Cottonwood Pkwy, Cottonwood Heights, UT 84121.
It was founded in 1986 and has approximately $24 billion in assets. Customers can open an account at one of its 4 branches.

Deposit Rates - May 21, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26881
Date Established 1986
Assets $ 24.06 billion
Loans $ 19.76 billion
Deposits $ 18.88 billion
Capital $ 3.40 billion

Summary Balance Sheet as of June 30, 2023

Cash & Balances due from depository institutions $ 3.05 billion
Interest-bearing balances $ 2.97 billion
Total securities $ 552.62 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 19.76 billion
Loan loss allowance $ 54.70 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 86.22 million
All other assets $ 119.67 million
     Total Assets $ 20.66 billion

Total deposits $ 18.88 billion
      Interest-bearing deposits $ 18.82 billion
      Deposits held in domestic offices $ 18.88 billion
      % insured (estimated) 96.79%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 571.05 million
Subordinated debt N.A.
All other liabilities $ 130.08 millionn
      Total Liabilities $ 20.66 billion
      Shareholders’ Equity $ 3.40 billion

Summary Income Statement as of June 30, 2023

Total Interest Income $ 1,707.42 million
Total Interest Expense $ 587.88 million
Net interest income $ 1,119.54 million
Provision for loan and lease losses $ 54.95 million
Total non interest income $ 535.27 million
Total non interest expense $ 1,136.18 million
Pre-tax Net Operating Income $ 33.27 million

*Should any logos, images or public notes appear on this page,they do so courtesy of SoFi Bank, National Association and are not subject to approval of expressly disclaims all responsibility for this content.

Customer Reviews for SoFi Bank, National Association

There are currently no comments for SoFi Bank, National Association. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →


Click on location and enter new zip number to change.
Your current location is: Ashburn, VA

SoFi Bank, National Association Locations