Finwise Bancorp

FinWise Bancorp is a Utah bank holding company based in Murray, Utah, operating through its wholly-owned subsidiary, FinWise Bank, a Utah state-chartered bank. The company conducts its business through three reportable segments: traditional banking, banking as a service ("BaaS"), and treasury & administration. FinWise Bancorp operates one full-service banking location in Sandy, Utah, and is a nationwide lender to consumers and small businesses. The company leverages strategic relationships, proprietary loan origination systems, and data analytics technology to expand its reach. As a technology-focused bank, it utilizes technology-oriented loan origination platforms in its Strategic Programs, SBA lending, Residential & Owner Occupied Commercial Real Estate, and Equipment Financing business lines, and has deployed in-house technology for loan and deposit solutions. Formed in 2002, the company acquired Utah Community Bank, founded in 1999, which focused on real estate lending in the Salt Lake City, Utah metropolitan statistical area ("MSA"). FinWise Bancorp also holds a 20% membership interest in BFG, a Connecticut limited liability company, which is a nationally significant referral source for SBA loans and a legal lending facilitator. The company originates, sells, or holds loans in four main lending areas: nationwide Strategic Programs, a multi-state SBA 7(a) lending program, residential and owner occupied commercial real estate lending, and multi-state equipment financing.