Magnet Bank - Salt Lake City Bank, Utah 84121

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Magnet Bank
2825 East Cottonwood Parkway, Suite 180
Salt Lake City, Utah 84121
Bank Web Address: http://www.magnetbank.net:80/

Active: Yes
FDIC Certificate #: 58001
Magnet Bank Established Date: 9/29/2005
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Secondary Insurance Fund:
Structural event relating to an institution: Change in Entity Type
Bank Charter Class: NM - commercial bank, state charter and Fed nonmember, supervised by the FDIC.

Information about Magnet Bank as of 9/6/2007 (UT Bank):

• Salt Lake, Utah
• 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.
• Regulator: FDIC
• Bank Holding Company Type: Salt Lake City
• Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT
• FDIC Supervisory Region: San Francisco
• Office of Thrift Supervision Region: West
• Federal Reserve District: San Francisco
• Regulatory holding company state location:
• Bank Holding Company (Regulatory Top Holder):

Office: 1 Magnet Bank Branch/Bank Locations

_{*Data by FDIC}