BMW Bank of North America is headquartered in Salt Lake City, Utah. It is a state-chartered bank that is not a member of the Federal Reserve System, established 11/12/1999 and insured by the FDIC since 11/12/1999. At the 06/30/2026 reporting date it held $13.8 billion in assets and $9.5 billion in deposits across 1 office.
Size
By total assets it ranks #137 of 4,213 active FDIC-insured banks in the United States. Among the 44 FDIC-insured banks headquartered in Utah it ranks #11.
Capital and earnings
| Equity capital | $1.8 billion (12.8% of assets) |
|---|---|
| Net income, year to date | $151 million through 06/30/2026 |
| Return on assets (annualized) | 2.29% |
Equity capital is what the bank owns after subtracting its liabilities; a higher share of assets means a thicker cushion against losses. These are the bank’s own regulatory filings, not a rating or a recommendation.
Is it FDIC insured?
Yes. BMW Bank of North America holds FDIC certificate number 35141. Deposits are insured up to $250,000 per depositor, per insured bank, per ownership category. You can confirm this on the bank’s FDIC BankFind page.
Other large banks in Utah
- Morgan Stanley Bank, National Association, $419 billion in assets
- American Express National Bank, $214 billion in assets
- Ally Bank, $188 billion in assets
- UBS Bank USA, National Association, $124 billion in assets
- Synchrony Bank, $115 billion in assets
- Zions Bancorporation, N.A., $89.0 billion in assets
Banks of a similar size
- NexBank, #135, $14.2 billion in assets
- Comenity Capital Bank, #136, $13.9 billion in assets
- First Bank, #138, $13.0 billion in assets
- BancFirst, #139, $12.8 billion in assets
Related
- Credit unions in Utah
- Top mortgage lenders in Utah
- Utah property tax, home prices and banks
- All large US banks
- Compared savings accounts
This page reports regulatory data only. It does not show the bank’s rates or products, which change often and are listed on the bank’s own site. bmwusa.com