Bank · FDIC insured
First Utah Bank Savings Rates
First Utah Bank’s best savings rate is 0.50% APY on $10,000, with its Personal Money Market Account. Rates checked October 22, 2026.
How First Utah Bank’s savings rates compare
Compared with banks and credit unions near Salt Lake City, UT, where First Utah Bank has the most branches. $10,000, best rate first.
This bank’s best
First Utah Bank
1.07%APY
- Requires
- Another account
- Minimum
- $25
- Earns on $10,000 a year
- $107
Companion Savings
Top rate
Axos Bank
5.00%APY
- Requires
- Another account
- Minimum
- $0
- Earns on $10,000 a year
- $500
2nd-highest rate
SoFi Bank, National Association
4.40%APY
- Requires
- Another account
- Minimum
- —
- Earns on $10,000 a year
- $440
First Utah Bank savings score
83
Savings score
Higher than 63% of U.S. banks and credit unions
- $1,000 balance$1,0000.50%
- $10,000 balance$10,0000.50%
- $100,000 balance$100,0002.07%
- QualifiedQualified1.07%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where First Utah Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Personal Money Market Account
0.50%APY
Requires a minimum opening deposit of $2,500. A monthly service fee of $15 applies if the daily balance falls below $2,500 on any day of the statement cycle (or average daily balance is below $2,500). Limited to 6 withdrawals per month; excess withdrawals incur a $15 fee per transaction. Rates are variable and may change after account opening.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $999Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. | 0.50% | — | Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. |
| $1,000 – $9,999Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. | 0.50% | — | Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. |
| $10,000 – $24,999Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. | 0.50% | $50 | Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. |
| $25,000 – $99,999Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. | 0.50% | — | Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. |
| $100,000 – $249,999Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. | 2.07% | — | Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. |
| $250,000 and upCompounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. | 2.07% | — | Compounded monthly. $15 monthly service fee waived by maintaining minimum balance requirements. Rate may change after account is opened. |
Sources (2)
All captured Oct 22, 2026
Personal Savings
0.50%APY
No monthly service charge and no minimum balance requirements. Daily balance method used. Interest compounded and credited quarterly. Rates effective as of October 20, 2026.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $999Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. | 0.50% | — | Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. |
| $1,000 – $9,999Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. | 0.50% | — | Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. |
| $10,000 – $24,999Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. | 0.50% | $50 | Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. |
| $25,000 – $99,999Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. | 0.50% | — | Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. |
| $100,000 – $249,999Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. | 2.07% | — | Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. |
| $250,000 and upQuarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. | 2.07% | — | Quarterly compound. $25 minimum opening deposit for Savings. Rate may change after account is opened. |
Sources (3)
- firstutahbank.com/personal-banking/basic-savings
- firstutahbank.com/personal-ban…ersonal-savings-accounts
- firstutahbank.com/rates
All captured Oct 22, 2026
Companion Savings
1.07%APY
Must have an open and active Money Back, Interest or Full Service checking account at First Utah Bank. May convert to a Personal Savings account if the checking account is closed, inactive (6 months), or dormant. Compounded and credited monthly. Rates effective as of October 20, 2026.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceInterest paid on balances above $0. Monthly compound.Any balance | 1.07% | $107 | Interest paid on balances above $0. Monthly compound. |
Sources (3)
- firstutahbank.com/personal-banking/companion-savings
- firstutahbank.com/personal-ban…ersonal-savings-accounts
- firstutahbank.com/rates
All captured Oct 22, 2026
Special-purpose accounts
Flex IRA
2.15%APY
Quarterly compounding. Monthly service fees may reduce earnings. Rate may change after account is opened. Rates effective as of October 20, 2026.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceInterest paid on balances above $0. Quarterly compound.Any balance | 2.15% | $215 | Interest paid on balances above $0. Quarterly compound. |
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.