First Electronic Bank

First Electronic Bank

First Electronic Bank is an FDIC-insured, state-chartered industrial bank headquartered in Salt Lake City, Utah. First Electronic Bank believes in building a financial services industry that is inclusive and effective for the diverse range of consumers, businesses, and partners that rely on it. We believe that expanded access to credit and innovation benefits society, and that quality financing programs must be compliant, economically stable, straightforward, and avoid consumer harm. We partner with dynamic technology and financial services providers to offer credit products across the credit spectrum: from “prime” to “subprime”, from small businesses to individual consumers, from general purpose credit cards to point-of-need installment loans.
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Info

Year founded
2000
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Corporate Address
2150 S 1300 E
Ste 400
Salt Lake City
84106
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Utah
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Operating Status
Active
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Number of employees
51-200
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Bank type
State
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Charter
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Financials

Total assets
269555000
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Assets concentration
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Net income
31023000
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Net income - quarterly
8816000
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Return on assets (ROA)
14.495306535339992
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Asset Concentration Hierarchy
7
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Fintech program & Technology

Sponsor model
Both
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CRM Software
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Core Provider
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Side-Core Provider
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Loan origination software
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Bin sponsor
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Card Networks
Visa
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Network Processor
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Preferred account structure
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Services
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Checking
Debit Card
Savings
Other Infrastructure Partners
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Association memberships
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Regulatory & Other

Regulated by
FDIC
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Contacts

Contacts
Shawn Thredgold
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Testimonials

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