SOFI BANK, NATIONAL ASSOCIATION

COTTONWOOD HEIGHTS, UT · Supervised by OCC (Office of the Comptroller of the Currency)

Est. 1986FDIC #26,881

Satisfactory Same

Current rating · Exam: June 2023

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Strong

ROA 2.03%

Institution Profile

FDIC BankFind

Website

www.sofi.com

Address

2750 E Cottonwood Pkwy, COTTONWOOD HEIGHTS, UT

County

Salt Lake County

Established

December 29, 1986

Total Assets

$49.7B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

June 5, 2023

Exam Type

Small Bank

Regulator

OCC (Office of the Comptroller of the Currency)

What is a CRA rating? →

Estimated next exam:Overdue(based on asset size)

Download Evaluation Report (PDF)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$49.7B

Total Deposits

$42.3B

Net Loans

$40.9B

Net Income

$245M

ROA

2.03%

Above avg for Regional banks. Peer avg: 0.88%

ROE

15.84%

Risk-Based Capital

15.42%

Below avg for Regional banks. Regulatory min: 8%

Peer Comparison

Regional banks

Compared to the peer-bank Regional peer group (same asset tier).

ROA2.03%Peer avg: 0.88%▲ Above avg

Risk-Based Capital15.42%Peer avg: 30.04%▼ Below avg

Mortgage Denial Rate16.67%Peer avg: 26.91%▲ Above avg

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Branch Footprint

FDIC SOD 2025

Total Branches

Branch Deposits

$29.7B

1-Year Change

Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2024	15,487	37.88%	16.67%
2023	8,486	32.71%	15.79%
2022	4,991	16.39%	47.87%

2024 national avg denial rate: 23.75% · Regional bank avg: 26.91% · above-average shown in red

Rating History

CRA / FFIEC

Rating Trend

→ Stable

Based on last 3 exams

Exam Date	Rating	Exam Type
Jun 2023	Satisfactory	Small Bank
Apr 2019	Satisfactory	Small Bank
Oct 2013	Satisfactory	Small Bank

4 previous ratings locked — back to 1994

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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