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Idaho Trust Bank recognized as one of 2021's Top 200 Healthiest Banks in America

Published: 08/05/2021

Idaho Trust Bank recognized as one of 2021's Top 200 Healthiest Banks in America

Idaho Trust Bank recognized as one of 2021's Top 200 Healthiest Banks in America

Idaho Trust Bank has ranked #84 on the list of 2021 Healthiest Banks in America by DepositAccounts.com, a subsidiary of LendingTree.

“We are honored to not only make this list again but to continue to climb in the rankings,” Thomas Prohaska, CEO and President of Idaho Trust Bank said. “Being part of this list shows our commitment to excellence and to the financial wellbeing of Idahoans.”

Idaho Trust Bank, the only Idaho financial institution to make the list, was founded in 1994 by Prohaska and his brother, Daniel.  The bank has seen significant growth in the last five years. This is the third consecutive year that it has made the list. “The relationships and trust we build with our clients are huge contributors to our success,” said Emily Turner, Idaho Trust Bank Marketing Officer.

Idaho Trust Bank has an A Plus rating in every category measured. DepositAccounts.com evaluates the financial health of every federally-insured bank and credit union in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.

“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”

For a complete listing of the 2021 Top 200 Healthiest Banks in America, visit https://www.depositaccounts.com/banks/health.aspx. Learn more about Idaho Trust Bank at idahotrust.com.

ABOUT IDAHO TRUST BANK (www.idahotrust.com) Idaho Trust Bank specializes in delivering exceptional, relationship-based service with a solid commitment to responsiveness and action. Founded in 1994, Idaho Trust has full-service banking and wealth management offices in two Idaho locations, as well as a trust office in Las Vegas. Idaho Trust Bank offers consumer and business banking, along with private banking and wealth management, including investment, trust, and brokerage services. The bank offers a complete line of banking products for individuals, professional practices, and businesses.

About DepositAccounts.com

DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.

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