Personal Trust
Corporate Trust
Craig Standing
Jodie LeBlanc
Paul Buchanan
David Guzy
Arge Feotis
Brett King
Scott Nielsen
Mike Hoggan
Sharlee Kuch
Bank Of Utah
Retirement Services
Bank of Utah offers Self-Directed IRAs and Managed IRAs. Both products allow you to make investments that will benefit you at retirement.
We can help you determine which is best for you, based on your desired level of involvement and the types of assets you wish to hold in the IRA.

Self-Directed IRAs
A self-directed IRA is an excellent place to start building wealth for your future. It is a tax-advantaged retirement account that allows you to choose which investments are made, either on your own or with professional guidance.
The range of possible investments through self-directed IRAs far exceeds traditional IRA choices, allowing account owners a more proactive approach toward improving investment returns and managing risk.

We strongly recommend that you consult with your tax advisor before entering into this type of investment to consider the ramifications for your specific situation.

Investment choices for a self-directed IRA with Bank of Utah include:
  • CDs
  • Stocks, Bonds, Mutual Funds
  • Real Estate
  • Note Receivables
  • Trust Deed Notes
  • Private Company Stock
  • LLC and Partnerships

Rolling Your Retirement Accounts Into a Self-Directed IRA
Bank of Utah advisors can help you transfer qualified funds into a Self-Directed IRA. Most types of retirement accounts can be transferred into a Self-Directed IRA, including IRAs, Roth IRAs, SEP IRAs, 401(k)s, 403(b)s, Qualified Annuities and Profit Sharing Plans.

Managed IRAs
Bank of Utah is one of the few financial institutions in Utah with trust powers and the ability to hold custodial IRAs.

Bank of Utah (as custodian) safeguards your funds by:
  • Providing guidance and professional expertise
  • Managing assets according to the direction of the owner
  • Filing reports in compliance with IRA regulations
  • Issuing bank statements of net gains and losses
  • Recording all transactions pertaining to the IRA