Bank of Utah announces the addition of Luke Stoddard as the new Vice President, Relationship Manager of the St. George branch. Stoddard will utilize his expertise in Small Business and Commercial Lending to help Southern Utah businesses access the capital they need to grow and thrive.
Stoddard brings more than a decade of experience in the financial industry. He spent seven years in retail banking as a Personal Banker, Assistant Manager and Branch Manager before moving into Small Business and Commercial C&I Lending, which has been his focus for the past three years. At Bank of Utah, he will join a growing team dedicated to serving business clients throughout Southern Utah.
“I came to Bank of Utah to become the best commercial lender I can be,” said Stoddard. “I’m passionate about helping business owners reach their goals and live out their dreams, while also supporting Bank of Utah’s continued growth in Southern Utah.”
Stoddard earned a bachelor’s degree in Business Management from Southern Utah University. He is passionate about building lasting relationships with business owners and serving as a trusted advisor.
As an independent, locally owned community bank, Bank of Utah continues to expand its presence across the state while remaining rooted in its core values—providing personalized financial services and making meaningful contributions to the communities it serves.
About Bank of Utah
Founded in Ogden in 1952, Bank of Utah has been part of the state’s story for more than 70 years. We’ve supported small businesses and helped individuals and families build their futures in communities across Utah — from quiet mountain towns to thriving city centers. With 18 full-service branches, dedicated trust teams, and mortgage specialists throughout the state, Bank of Utah provides personal service and forward-thinking financial tools. The bank’s comprehensive offerings include business and personal banking, mortgage and commercial lending, personal and corporate trust services, and wealth management and investment services.
Recognized as one of the Top 15 U.S. Community Banks of 2024 by S&P Global Market Intelligence and named Utah’s Best Bank by GOBankingRates in 2025, Bank of Utah blends local insight with award-winning strength. Whether it’s the little details in a banking experience or the big moments in life, Bank of Utah is here to help Utahns succeed. Our commitment is to remain strong, trustworthy, advanced, secure and appreciative — to work side by side with clients on their financial journeys, so they can confidently say: “This is my Utah. Bank of Utah is my bank.” Learn more at bankofutah.com or call 801-409-5000.