Nelnet Bank
✓ FDIC-insured · Active FDIC Certificate #59205
Nelnet Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Draper, Utah, established in 2020. As of the 06/30/2026 FDIC call report, it reported $3.0B in total assets and $2.5B in deposits. FDIC location data lists 1 office in Utah.
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
Nelnet Bank's only FDIC-listed office is in Utah. Browse banks in Draper for other local options.
Branch locations
| Nelnet Bank Nelnet Bank · Full Service - Brick And Mortar | 13907 S Minuteman Dr Draper, UT 84020 Map ↗ |
Similar-size banks in Utah
Active FDIC-insured banks headquartered in Utah with total assets closest to Nelnet Bank's $3.0B. See all banks in Utah.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Sunwest Bank | Sandy | $4.4B | 12 |
| Bank of Utah | Ogden | $3.8B | 20 |
| Cache Valley Bank | Logan | $3.5B | 25 |
| WebBank | Salt Lake City | $2.9B | 1 |
| Medallion Bank | Salt Lake City | $2.8B | 1 |
| State Bank of Southern Utah | Cedar City | $2.7B | 17 |
| Central Bank | Provo | $2.2B | 13 |
| Square Financial Services, Inc. | Salt Lake City | $2.1B | 1 |
Nelnet Bank: common questions
Is Nelnet Bank FDIC-insured?
Yes. Nelnet Bank is an active FDIC-insured institution, FDIC Certificate #59205. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Nelnet Bank headquartered?
Nelnet Bank is headquartered at 13907 S Minuteman Dr, Draper, UT 84020, according to FDIC records.
How many branches does Nelnet Bank have?
FDIC location data lists 1 office for Nelnet Bank, all in Utah.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.