Mountain America FCU is Utah’s Top Ranked SBA 7(a) Lender for FY23

RANKLender# Loans$ AmountAverage Loan Size
1Mountain America FCU (UT)139$41,157,600$296,098
2America First FCU (UT)31$32,141,100$1,036,810
3Central Bank (UT)75$30,841,600$411,221
4Zions Bank, A Division of (UT)95$24,771,800$260,756
5Live Oak Banking Company (NC)16$24,100,000$1,506,250
6Community Banks of Colorado, A Division of (CO)39$22,473,600$576,246
7First Internet Bank of Indiana (IN)11$19,531,000$1,775,545
8Celtic Bank Corporation (UT)28$15,735,300$561,975
9Capital Community Bank (UT)14$14,719,000$1,051,357
10KeyBank National Association (OH)21$10,634,400$506,400
11BMO Bank National Association (WI)8$9,416,100$1,177,013
12Byline Bank (IL)7$9,333,000$1,333,286
13First Utah Bank (UT)7$9,247,100$1,321,014
14The Huntington National Bank (OH)32$7,938,900$248,091
15Cache Valley Bank (UT)44$7,702,500$175,057
16Northwest Bank (ID)9$7,695,200$855,022
17Newtek Small Business Finance, Inc. (NY)9$7,338,000$815,333
18U.S. Bank, National Association (OH)39$7,067,200$181,210
19Evolve Bank and Trust (AR)4$7,032,200$1,758,050
20Wells Fargo Bank, National Association (SD)31$5,964,200$192,394
21Readycap Lending, LLC (NJ)20$5,659,400$282,970
22T Bank, National Association (TX)4$5,657,000$1,414,250
23Fortis Bank (CO)4$5,602,200$1,400,550
24Bank of America, National Association (SC)3$5,557,100$1,852,367
25Cadence Bank (MS)15$5,260,000$350,667
26Stone Bank (AR)1$5,000,000$5,000,000
27NewBank (NY)1$5,000,000$5,000,000
28JPMorgan Chase Bank, National Association (OH)12$4,968,400$414,033
29Berkshire Bank (MA)3$4,094,000$1,364,667
30BayFirst National Bank (FL)26$4,059,900$156,150
31MidFirst Bank (OK)1$3,965,900$3,965,900
32CapStar Bank (TN)1$3,921,300$3,921,300
33UMB Bank, National Association (MO)8$3,902,200$487,775
34Open Bank (CA)2$3,900,000$1,950,000
35First Savings Bank (IN)1$3,900,000$3,900,000
36First Bank of the Lake (MO)9$3,891,600$432,400
37American Momentum Bank (TX)2$3,683,000$1,841,500
38State Bank of Southern Utah (UT)23$3,645,800$158,513
39Bank Five Nine (WI)4$2,861,100$715,275
40Harvest Small Business Finance, LLC (CA)1$2,380,000$2,380,000
41Citizens Bank (TN)6$2,374,800$395,800
42Veritex Community Bank (TX)1$2,106,300$2,106,300
43Fountainhead SBF LLC (FL)1$2,083,000$2,083,000
44Luminate Bank (MN)1$1,674,000$1,674,000
45United Midwest Savings Bank, National Association (OH)11$1,580,000$143,636
46Gulf Coast Bank and Trust Company (LA)1$1,572,000$1,572,000
47Enterprise Bank & Trust (MO)2$1,364,900$682,450
48Glacier Bank (MT)4$1,338,000$334,500
49First National Bank of Coffee County (GA)2$1,249,000$624,500
50Tandem Bank (GA)2$1,227,000$613,500
51Fund-Ex Solutions Group, LLC (FL)1$1,152,000$1,152,000
52Customers Bank (PA)2$1,122,000$561,000
53US Metro Bank (CA)1$1,062,500$1,062,500
54University First FCU (UT)6$1,042,400$173,733
551st Financial Bank USA (SD)1$1,000,000$1,000,000
56United Community Bank (SC)1$965,000$965,000
57Continental Bank (UT)1$949,000$949,000
58Paragon Bank (GA)2$916,700$458,350
59Five Star Bank (CA)3$900,000$300,000
60Dogwood State Bank (NC)1$786,800$786,800
61FinWise Bank (UT)1$750,000$750,000
62Montana Community Development Corp. (MT)4$673,100$168,275
63Eastern Utah Community FCU (UT)2$672,500$336,250
64Colony Bank (GA)2$609,900$304,950
65Mountain West Small Business Finance (UT)3$600,000$200,000
66Meadows Bank (NV)2$563,400$281,700
67Craft Bank (GA)1$525,000$525,000
68Cyprus FCU (UT)9$510,500$56,722
69Wasatch Peaks FCU (UT)3$497,000$165,667
70Brighton Bank (UT)3$479,000$159,667
71SNB Bank, National Association (OK)1$350,000$350,000
72CDC Small Business Finance Corporation (CA)1$350,000$350,000
73VelocitySBA, LLC (CA)1$342,000$342,000
74Bank of Utah (UT)1$340,000$340,000
75Northeast Bank (ME)5$288,900$57,780
76Granite FCU (UT)1$275,000$275,000
77Newtek Bank, National Association (FL)3$259,000$86,333
78First Foundation Bank (CA)1$254,400$254,400
79Western Alliance Bank (AZ)1$250,000$250,000
80The Bank of Commerce (ID)1$227,000$227,000
81Banterra Bank (IL)1$220,000$220,000
82Stearns Bank National Association (MN)1$215,000$215,000
83Alerus Financial, National Association (ND)1$200,000$200,000
84Goldenwest FCU (UT)2$141,100$70,550

Source: Lumos Data