First Electronic Bank is an FDIC-insured, state-chartered industrial bank headquartered in Salt Lake City, Utah. First Electronic Bank believes in building a financial services industry that is inclusive and effective for the diverse range of consumers, businesses, and partners that rely on it. We believe that expanded access to credit and innovation benefits society, and that quality financing programs must be compliant, economically stable, straightforward, and avoid consumer harm. We partner with dynamic technology and financial services providers to offer credit products across the credit spectrum: from “prime” to “subprime”, from small businesses to individual consumers, from general purpose credit cards to point-of-need installment loans. 

Banking

Credit

Electronics

Venture Capital

First Electronic Bank

Derek Higginbotham

Stephen Sorenson

The Executive Management team at First Electronic Bank is responsible for steering the strategic direction and overall governance of the organization. This includes setting long-term goals, ensuring regulatory compliance, overseeing financial performance, and fostering partnerships with technology and financial services providers. The team drives the bank's mission to offer inclusive, innovative, and reliable credit products, while maintaining economically stable and consumer-friendly financing programs.

Executive Management

Leadership Team

Compliance

Finance and Accounting

Executive Management

About

Team members

Other teams at First Electronic Bank

Leadership Team

Compliance

Finance and Accounting