Nelnet Bank
Draper, UT · State, non-member commercial bank
Sonar Score
Watch
out of 100 · from public FDIC data
Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.
Key figures
- Total assets
- $2.5B
- Total deposits
- $2B
- Branches
- 1
- Return on assets
- 1.11%
- Return on equity
- 7.97%
- Charter type
- State, non-member commercial bank
- Established
- 2020
- FDIC cert #
- 59205
How the 61 breaks down
Capital ratio not reported.
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 rates