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Bank of Utah

50 South 200 East, Suite 110
Salt Lake City, Utah 84111
(801) 924-3671
phawkins@BankofUtah.com
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What We Do

Bank of Utah will serve as Escrow Agent, Custodian, Trustee (or Securities Intermediary), and Verification Agent for Life Settlement transactions. Our organization combines the finest, most experienced team of trust service professionals in the industry with the service orientation and flexibility of Utah’s largest state-chartered bank to provide the highest quality corporate trust services available anywhere. Bank of Utah Corporate Trust Services offers the benefits of a team of proven, experienced in-house counsel and account management professionals who understand the importance of finding solutions and helping clients do business their way. We have assembled a team with over 75 years of combined experience in all aspects of corporate trust service.

Industry Specialty

Industry Services

Membership Category

Voting

Latest Blogs

05/23/2022

Consumers were paid over $750 Million by LISA Members for the sale of their unwanted life insurance policies

On May 3, the Life Insurance Settlement Association (LISA) released findings from its 2021 Annual Market Data Collection Survey. The data collected represents summary closing…

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02/23/2022

The Evolution of Regulations that have Benefited the Consumer

The life settlement industry was born in 1911 when Supreme Court Justice Oliver Wendell Holmes Jr. and his fellow justices ruled that life insurance is…

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10/13/2021

Combating Inflation with Life Settlement Earnings

Everything is getting more expensive these days. Gas prices are higher, food prices are higher, used car prices are higher—it seems like nothing right now…

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10/06/2021

How Did Insurance Policy Owners Earn $848 Million in 2020?

It’s true—according to “The Life Settlements Report” released by The Deal, 3,241 people sold their life insurance policies in 2020 for a combined total of…

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