Nelnet Bank
Draper, UT · State, non-member commercial bank
Sonar Score
Strong
out of 100 · from public FDIC data
Reported June 30, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $3B
- Total deposits
- $2.5B
- Branches
- 1
- Return on assets
- 1.23%
- Return on equity
- 8.48%
- Charter type
- State, non-member commercial bank
- Established
- 2020
- FDIC cert #
- 59205
How the 83 breaks down
Well-capitalized by regulatory thresholds.
Strong returns on its asset base.
Positive but moderate equity returns.
Mid-size institution.
Your deposits at Nelnet Bank
Nelnet Bank is an FDIC-insured institution (Cert #59205). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →
1 branch locations
13907 S Minuteman Dr
Draper, UT 84020
Sponsored · we may earn a commission
Earning enough on your savings?
Many big-bank savings accounts pay near 0%. Compare today's top high-yield savings and CD rates from FDIC-insured banks before you decide where to keep your cash.
Compare savings ratesOther banks in Utah
Morgan Stanley Bank, National Association
Salt Lake City, UT
American Express National Bank
Sandy, UT
Ally Bank
Sandy, UT
UBS Bank USA, National Association
Salt Lake City, UT
Synchrony Bank
Draper, UT
Zions Bancorporation, N.A.
Salt Lake City, UT