Utah Center for Financial ServicesThe Utah Center for Financial Services (UCFS) is an independent research center funded by grants and focused on helping others to understand the dual-banking system and the role of state-chartered banks in the United States. UCFS partners with the Lassonde Entrepreneur Institute and the David Eccles School of Business at the University of Utah to develop targeted curriculum, provide projects for practical application, and offer networking opportunities with industry leaders for both future industry workers and those currently in the workforce.

Learn More Contact Us


An Assessment of the Needs of LMI Communities in Salt Lake County and Surrounding Areas

The Utah Center for Financial Services funded a community needs assessment study in conjunction with the Sorenson Impact Center and the University of Utah David Eccles School of Business. An Assessment of Low–to Moderate–Income Community Need, in Salt Lake County and Surrounding Area is a valuable report bank officers can use in developing their CRA strategic plans. The report provides bank officers insight and information to assess community needs in the categories of poverty and employment, youth and education, health and healthcare, housing, addressing the needs of refugees, improving transportation, service provider infrastructure and small business lending. (May 2019)

Read More

The Barth Study Finds ILCs Thriving

James R. Barth and Yanfei Sun of Auburn University conducted a study for the Utah Center for Financial Services (UCFS) on how industrial loan companies (ILCs, a.k.a industrial banks) have performed compared to other FDIC insured institutions.The findings demonstrate ILCs perform better than all other FDIC institutions. (October 2018)

Read More

Barth Report Released

The Utah Center for Financial Services has recently released a report “Bank Funding Sources: A New Look at Brokered Deposits” (“The Barth Report”) by Dr. James Barth and his colleague Yanfei Sun. (January 2018)

Read More

Our Mission

Dual banking provides more opportunities for robust and safe financial services for Americans. Our mission is to support the dual banking system and financial service entities that benefit consumers.

  • We provide research and analysis to inform public policy leaders and regulators.
  • We educate the financial industry workforce through targeted curriculum and practical application.
  • We share resources and collaborate as a center to advance the financial services industry.