Bank Varo Bank, National Association
Varo Bank, National Association is a federally insured bank based in Draper, Utah.
- Type
- Bank
- Charter
- National commercial bank (OCC-chartered)
- Primary regulator
- OCC
- Established
- August 1, 2020
- Headquarters
- Draper, UT
- FDIC certificate #
- 59190
- Fed RSSD ID
- 5518023
- Holding company
- Varo Money Inc
- Website
- www.varomoney.com
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
Varo Bank, National Association operates 1 branch location in Utah. Select a state to drill down to its towns and individual branches.
Ownership
Varo Bank, National Association is owned by Varo Money Inc. See the full ownership & merger history.
Varo Bank, National Association financial summary
Other banks in Utah
Federally insured banks headquartered in Utah, by total assets.
- Morgan Stanley Bank, National Association $391.31B
- American Express National Bank $217.57B
- Ally Bank $185.66B
- UBS Bank USA, National Association $122.26B
- Synchrony Bank $114.86B
- Zions Bancorporation, N.A. $87.96B
- SoFi Bank, National Association $49.67B
- Sallie Mae Bank $29.46B
Similar-size banks
Institutions close to Varo Bank, National Association’s $374.3M in assets.
- West Pointe Bank $374.1M
- Bank of Commerce & Trust Co. $374.6M
- Grundy Bank $374.7M
- Sandhills State Bank $374.8M
- Universal Bank $373.4M
- The First National Bank of Gordon $373M