First Electronic Bank is headquartered in Salt Lake City, Utah and is a state chartered, federally insured industrial bank, regulated by the FDIC and Utah Department of Financial Institutions.
First Electronic Bank offers revolving private-label bank card and closed-end financing programs through its strategic partners. Each strategic partnership program is custom tailored to an individual partner’s products and customer base in order to provide consumer and commercial financing solutions. First Electronic Bank collaborates with its strategic partners to offer a wide range of consumer and commercial credit products on a national basis.
First Electronic Bank also issues and fully services the private label retail credit card for its affiliate, Fry’s Electronics. Fry’s Electronics is headquartered in Silicon Valley and operates 34 large retail stores in 9 states. Fry’s Electronics specializes in consumer electronics and household appliances, as well as software, computer hardware, in-store computer repair and custom computer assembly services.