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. 

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First Electronic Bank

Derek Higginbotham

Stephen Sorenson

The Finance and Accounting team at First Electronic Bank manages the financial health and integrity of the institution. This team oversees financial planning, budgeting, and analysis (FP&A), ensures regulatory compliance, manages treasury functions, and maintains accurate accounting records. By providing detailed financial analysis and reporting, they support informed decision-making and help drive the bank's mission of offering inclusive and effective financial services.

Finance and Accounting

Leadership Team

Compliance

Finance and Accounting

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Leadership Team

Compliance