Happen Bank, National Association
Lehi, UT · Owner: Happen Inc
$12.5B
total assets, June 30, 2026
$12.5B
total assets, June 30, 2026
Happen Bank, National Association is a national bank based in Lehi, UT, owned by Happen Inc. As of June 30, 2026 it held $12.5 billion in assets and $10.9 billion in deposits; assets were up 17.0% from a year before. It has 3 branches in 3 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$12.5B
+17.0% in a year · +5.3% in a quarter
Deposits
$10.9B
+17.2% in a year · +5.6% in a quarter
Loans
$7.0B
+16.9% in a year · +4.0% in a quarter
Profit so far
$109M
Jan 1 to Jun 30, 2026 · +120.0% in a year
Capital ratio
10.98%
+0.15 pts in a year
Return on assets
1.82%
+0.88 pts in a year
Facts
- Type
- National bank
- Head office
- 2701 N Thanksgiving Way, Lehi, UT, 84043
- County
- Utah
- Holding company
- Happen Inc
- Established
- Aug 26, 1987
- Employees
- 1,093
- Branches
- 3 in 3 states
- Website
- www.happen.com
- Id
- b32551
Quarter by quarter
September 30, 1987 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
3 offices as of June 30, 2026, holding $10.9 billion in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Utah | 1 | $10.9B | 100.0% |
| Massachusetts | 1 | $0 | 0.0% |
| California | 1 | $0 | 0.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Happen Bank, National Association (main office) | Lehi, UT | $10.9B |
| Boston Admin Office Branch | Boston, MA | $0 |
| San Francisco Admin Office Branch | San Francisco, CA | $0 |
Related pages
Questions and answers
How big is Happen Bank, National Association?
$12.5 billion in total assets and $10.9 billion in deposits as of June 30, 2026, with assets up 17.0% from a year before. Its loans were $7.0 billion.
How many branches does Happen Bank, National Association have?
3 branches in 3 states as of June 30, 2026. The most deposits are in Utah ($10.9 billion).
Is Happen Bank, National Association profitable?
Yes: it earned $108.8 million from January 1 to June 30, 2026 (up 120.0% from the same months a year before). Its return on assets was 1.82% a year; about 1% is typical.
Who owns Happen Bank, National Association?
Happen Bank, National Association is owned by Happen Inc, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.