Proficio Bank

  • Bank Name:Proficio Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #35495 - Inactive
  • FED RSSD ID:#2908575 - Inactive
Headquarters:6985 Union Park Center, Cottonwood Heights, Utah 84047
Acquired by Cache Valley Bank
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History Of Proficio Bank

Proficio Bank was established on May 1, 2000, originally operating under the name Volvo Commercial Credit Corporation of Utah. The financial institution underwent significant changes on January 16, 2007, when it rebranded as Proficio Bank and transitioned to a commercial bank. Over the years, Proficio Bank relocated its main office multiple times, with its final move occurring on September 1, 2015, to 6985 Union Park Center in Cottonwood Heights, Utah. The bank operated under this name and location until it ultimately failed on March 3, 2017, and was subsequently merged with government financial assistance.

Below is a list of some important events in banks history, including mergers and acquisitions.

2000-05-01Institution established. Original name: Volvo Commercial Credit Corp of Utah.

2007-01-16Changed Organization Type to Commercial Bank.

2007-01-16Changed Institution Name to Proficio Bank.

2007-01-16Main Office moved to 420 East South Temple, Salt Lake City, UT 84111.

2012-02-01Main Office moved to 6985 Union Park City, Suite 150, Cottonwood Heights, UT 84047.

2012-05-02Main Office moved to 6985 Union Park Suite 150, Cottonwood Heights, UT 84047.

2013-08-06Main Office moved to 6985 Union Park Center, Suite #150, Cottonwood Heights, UT 84047.

2015-09-01Main Office moved to 6985 Union Park Center, Cottonwood Heights, UT 84047.

2017-03-03Failed. Merged with government financial assistance,.

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