Company Information

Get to know State Bank of Southern Utah

Founded in 1957, State Bank of Southern Utah is a community-focused financial institution headquartered in Cedar City, Utah. Its mission is to serve the financial needs of local communities by offering a comprehensive suite of banking products, including personal and business checking and savings accounts, mortgages, and various consumer and commercial loans. The bank emphasizes personal relationships and local decision-making to support the growth and stability of the region it serves and is a subsidiary of the holding company Southern Utah Bancorporation.

Industry

Financial BankingPRIMARY
Financial Other Service

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State Bank of Southern Utah

United States

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.