Proficio Bank

Status:Inactive as of 03/03/2017
 Absorption - Assisted
Successor Bank:Cache Valley Bank
Headquarters:Proficio Bank
6985 Union Park Center
Midvale, UT 84047
Established:05/01/2000
FDIC Insurance:05/01/2000
FDIC Cert:#35495
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$68,208,000
Total Deposits:$65,042,000

History

2000-05-01Institution established: Original name:Volvo Commercial Credit Corp of Utah
2007-01-16Changed organization type to COMMERCIAL BANK
2007-01-16Changed name to Proficio Bank
2012-02-01Moved bank headquarters from SALT LAKE CITY, UT to COTTONWOOD HEIGHTS, UT
2017-03-03Failed. Acquired with government financial assistance and subsequently operated as part of Cache Valley Bank (22134)

Financial Information (2016-12-31 and Older)