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 Management team at First Electronic Bank oversees the strategic planning and daily operations to ensure the bank meets its goals of expanding access to credit while maintaining compliance and economic stability. The Project Manager drives initiatives and coordinates with partners, the Operations Manager optimizes business processes, and the Human Resources Manager supports a productive and inclusive workplace. The team ensures that the bank’s diverse credit products are effectively managed and that consumer interests are protected.

Management

Leadership Team

Compliance

Finance and Accounting

Management

About

Team members

Other teams at First Electronic Bank

Leadership Team

Compliance

Finance and Accounting