Magnet Bank - Utah Bank and Online Bank Information
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Magnet Bank Detail Information
Magnet Bank
2825 East Cottonwood Parkway, Suite 180
Salt Lake City, Utah 84121
Primary Internet Web Address: http://www.magnetbank.net:80/
FDIC Certificate #: 58001
Active: Yes
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.
Structural event relating to an institution: Change in Entity Type
Magnet Bank Established Date: 9/29/2005
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Secondary Insurance Fund:
About Magnet Bank as of 9/6/2007 (UT Bank):
- County: Salt Lake
- Magnet Bank is NOT being operated in government conservatorship.
- Includes commercial banks insured by the FDIC. These institutions are regulated by one of the three Federal commercial bank regulators (FDIC, Federal Reserve Board, or Office of the Comptroller of the Currency). They submit financial reports to the Federal Reserve (state member banks) or the FDIC (state non-member banks and national banks).
- Includes institutions insured by the FDIC.
- Magnet Bank is state chartered.
- Bank Holding Company Type: Salt Lake City
- Regulator: FDIC
- Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT
- Office of Thrift Supervision Region: West
- FDIC Supervisory Region: San Francisco
- Federal Reserve District: San Francisco
- Bank Holding Company (Regulatory Top Holder):
- Regulatory holding company state location:
*Data by The Federal Deposit Insurance Corporation (FDIC)
