Utah's Bank of St. George receives conditional approval, aims for late 2026 opening
By
John Reosti
1h ago· 5 min readenNews
Summary
A Utah group's second attempt to open a community bank, Bank of St. George, is progressing after the COVID-19 pandemic derailed their 2020 plans. The bank received conditional approval from Utah's Department of Financial Institutions, and CEO Bruce Jensen expects to open by the end of 2026, barring holiday delays.
Source
bskyUtah's Bank of St. George receives conditional approval, aims for late 2026 openingamericanbanker.comKey quotes
· 2 pulledI think we will, but it could be January if it gets too close to the holidays
That's the only reason we wouldn't open before the end of the year.
Organizers of Bank of St. George were close to the finish line in 2020 when the COVID-19 pandemic arrived. Now CEO Bruce Jensen says the planned bank should open its doors by the end of the year.
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