Thrivent Bank opened in June 2025 by absorbing an existing credit union, then introduced a new digital experience in 2026. The Utah institution combines inherited loans and deposits with a parent-backed attempt to build broader everyday banking relationships.
Opened June 1, 2025 through a merger of Thrivent Federal Credit Union into the newly chartered bank. Owned through Thrivent Financial Holdings within the Thrivent organization, separate from the parent’s insurance and investment businesses.
Thrivent Bank is an active Utah industrial bank, FDIC certificate 59286, with headquarters recorded by the FDIC in Salt Lake City, Utah. Opened June 1, 2025 through a merger of Thrivent Federal Credit Union into the newly chartered bank. Owned through Thrivent Financial Holdings within the Thrivent organization, separate from the parent’s insurance and investment businesses.
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Financial company profileResearch updated Oct 5, 2026
Thrivent Bank opened in June 2025 by absorbing an existing credit union, then introduced a new digital experience in 2026. The Utah institution combines inherited loans and deposits with a parent-backed attempt to build broader everyday banking relationships.
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UTAH BANKING
Utah banking record
Legal bank name
Thrivent Bank
Headquarters
Salt Lake City, Utah
Charter category
Utah industrial bank
FDIC certificate
59286
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.