Proficio Bank was a Cottonwood Heights bank closed by Utah regulators on March 3, 2017. The FDIC arranged for Cache Valley Bank to assume all deposits and purchase selected assets.
This is a historical failed institution. Its former customers’ transfer to Cache Valley does not mean every Proficio asset or liability was acquired by that bank.
Cache Valley Bank grew from a 1975 community bank into a Utah-and-southern-Idaho network. Its rescue acquisition of Proficio deposits, pandemic lending and property-backed balance sheet explain that expansion.
Policy & official records
Curated library records that name Proficio Bank or connect through its linked research. The official source provides full scope and status.
No policy-library records are currently linked to this profile.
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.