Bank Branches › Closed and merged banks › Utah › Deseret Bank
What happened to Deseret Bank?
Deseret Bank in Pleasant Grove, UT (earlier called Bank of Pleasant Grove) merged into First Security Bank of Utah, National Association of Ogden, UT on Nov 9, 1990. The chain runs 1 step further and ends with no operating bank.
The chain, step by step
From the day it opened to the last entry on record. Each step is one entry in the FDIC's record.
- 1911Bank of Pleasant Grove opens in Pleasant Grove, UT
- May 3, 1982renamed Deseret Bank
- Nov 9, 1990MERGEDDeseret Bank merged into First Security Bank of Utah, National Association of Ogden, UT.FDIC certificate 12589 ends; its business continues under certificate 13718.
- date not recordedENDEDFirst Security Bank of Utah, National Association (by then renamed Wells Fargo Trust Company, National Association) of Ogden, UT left the FDIC's list of insured banks.FDIC certificate 13718 ends.
- NO SUCCESSOR BANK
The FDIC record ends here. No operating bank carries this charter today.
If you still have something from Deseret Bank
A lien that was never released
The FDIC record shows no successor bank for Deseret Bank. The FDIC says it may be able to help only where the lender was a failed bank placed in FDIC receivership.
Our suggestion, not the FDIC's: a title company or real-estate attorney in the county where the lien is recorded will know how that state clears a lien from a lender that no longer exists.
An old account, passbook or CD
With no successor bank to ask, go to the unclaimed-property program of the state of the owner's last known address on the bank's records. The OCC gives the same advice for old records from a bank that no longer exists.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Contents of boxes left behind are handled under state unclaimed-property law. Start with the unclaimed-property program of Utah, where the box was.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Banks folded into Deseret Bank
3 banks merged directly into this charter.
| Bank | Ended |
|---|---|
| State Bank of LehiLehi, UT | May 3, 1982 |
| Mountain View BankAmerican Fork, UT | May 3, 1982 |
| Geneva State BankOrem, UT | May 3, 1982 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 12589 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.