The former LCA Bank Corporation adopted the Milestone name as it expanded beyond equipment finance. Its Utah charter now supports SBA loans, asset-based business lending and a separate custodial service for debt-settlement customers.
The bank began in 2006 as LCA Bank Corporation and rebranded in 2023. The FDIC’s 2022 evaluation identified privately held Lease Corporation of America as its owner; that group’s longer operating history is not the bank’s charter age.
Milestone Bank is an active Utah industrial bank, FDIC certificate 58148, with headquarters recorded by the FDIC in Salt Lake City, Utah. The bank began in 2006 as LCA Bank Corporation and rebranded in 2023. The FDIC’s 2022 evaluation identified privately held Lease Corporation of America as its owner; that group’s longer operating history is not the bank’s charter age.
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Financial company profileResearch updated Oct 5, 2026
The former LCA Bank Corporation adopted the Milestone name as it expanded beyond equipment finance. Its Utah charter now supports SBA loans, asset-based business lending and a separate custodial service for debt-settlement customers.
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UTAH BANKING
Utah banking record
Legal bank name
Milestone Bank
Headquarters
Salt Lake City, Utah
Charter category
Utah industrial bank
FDIC certificate
58148
Sources checked October 5, 2026 Mountain Time. FDIC dataset index: 2026-10-02. Headquarters identify the bank, not its branches or a parent company’s offices.
A separate last-checked date for this profile has not been recorded. Relationship evidence and Utah banking records show their own source-check dates where available; news and research dates refer to those articles.