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Industrial Bank Report Year End 2024

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The Utah Center for Financial Services at the University of Utah prepared this report to highlight the safety and soundness of Industrial Banks. Key measures of safety and soundness in banking are capital, asset quality and profitability. We have compared levels of capital, asset quality and profitability ratios for the US banking industry and the […]

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Industrial Bank Report Third Quarter 2024

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The Utah Center for Financial Services at the University of Utah prepared this report to highlight the safety and soundness of industrial banks. Key measures of safety and soundness in banking are capital, asset quality, and profitability. We have compared levels of capital, asset quality, and profitability ratios for the US banking industry and the […]

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‘Breaking Banks’ Features fintechXchange

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Listen to a new podcast episode from Breaking Banks featuring fintechXchange, the annual conference hosted by the Stena Center for Financial Technology at the University of Utah. This leading fintech podcast is a partner of the conference that brings together industry, higher-ed, and policymakers. In the episode, host Jason Henrichs talks to Meghan Kober, VP of […]

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Highlights from a Successful Fintech Xchange!

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We are thrilled to celebrate the success of the 3rd annual Stena Center for Financial Technology Fintech Xchange, held on Thursday, January 23, at the Hyatt Regency in downtown Salt Lake City.  This year’s event brought together over 300 dynamic leaders and emerging talents from the financial services industry, financial technology companies, government and regulatory […]

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Utah’s financial technology industry contributed 7,800 jobs and more than $1 billion in wages in 2023

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New report details the fintech industry’s economic impacts in the state. Since the Great Recession of 2007-2009, the financial technology (fintech) industry has transformed the traditional financial services sector and introduced innovative business models globally. A new report from the Kem C. Gardner Policy Institute shows that in 2023, Utah’s 67 fintech companies created nearly […]

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Industrial Banks Safety and Soundness Report

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In recent years, industrial banks have gained recognition for their resilience and unique value propositions, particularly during turbulent times in the banking industry. The recent Industrial Banks Safety and Soundness Report sheds light on this sector, emphasizing key strengths in capital adequacy, asset quality, and profitability. Key Findings: Stability and Capital Resilience The report highlights […]

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Industrial Bank Report Second Quarter 2024

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The Utah Center for Financial Services at the University of Utah prepared this report to highlight the safety and soundness of Industrial Banks. Key measures of safety and soundness in banking are capital, asset quality, and profitability. We have compared levels of capital, asset quality and profitability ratios for the US banking industry and the […]

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Utah’s Fintech Rise: Insights from Governor Cox and Simon Taylor at Money 20/20

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The state of Utah was featured on one of the biggest stages in fintech and financial services as Governor Spencer J. Cox was interviewed by fintech expert Simon Taylor, co-founder of 11:FS and Fintech Brainfood blog at Money 20/20 in Las Veagas. Their session, Fintech Hub 2.0: Collaboration between Industry, Government, Education, and Venture, revealed […]

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