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Holdings
Utah · UT

Business Banking for Moving Companies in Utah

Free business tools, accounting, and banking for moving companies in Utah. 1.75% APY, zero fees, FDIC insured up to $3M.

Starting a Moving Business in Utah

State Tax Rate

4.55% (flat rate)

LLC Filing Fee

$59 (LLC)

Major Markets

Salt Lake City, West Valley City, Provo, West Jordan

Key Requirements in Utah

Moving company license or registration required in Utah
USDOT number required for interstate moves
Cargo insurance and general liability insurance required
Must provide binding or non-binding estimates to customers
Workers' compensation insurance required in Utah if you have employees

Best Financial Platforms for Moving Companies in Utah

Compare Utah's top financial tools and platforms for moving companies.

1

Holdings

$0/mo · 1.75% APY

57 free tools, accounting software, and banking — all in one platform. Free for moving companies in Utah. 1.75% APY, FDIC insured up to $3M.

Key Features

  • 57 free tools (invoicing, expenses, taxes)
  • Built-in AI accounting
  • Free business checking with 1.75% APY
  • Unlimited sub-accounts

Pros

  • All tools and accounting free — no subscription
  • Replaces QuickBooks, Expensify, and your bank — $0/mo
  • FDIC insured up to $3M

Cons

  • No physical branches
  • No cash deposit
2

Zions Bank

Regional bank

Best for: moving companies wanting Utah's leading business bank

Pros

Utah-headquartered, strong business and commercial banking

Cons

Monthly fees on basic accounts

3

Mountain America Credit Union

Credit union

Best for: moving companies looking for low-rate business loans

Pros

Utah's largest CU, competitive business loan rates

Cons

Membership requirements

4

Bank of Utah

Community bank

Best for: moving companies in the Ogden/Salt Lake corridor

Pros

Utah-focused, personal business banking

Cons

Primarily northern Utah

Why Moving Companies in Utah Choose Holdings

50+ Free Business Tools

Invoicing, expense tracking, tax calculators, and more — all free, no signup required. Replace your paid software stack.

Built-In AI Accounting

Automatic transaction categorization, real-time P&L and balance sheet. No QuickBooks needed — $0/mo.

Free Banking with 1.75% APY

Business checking that connects to your tools and accounting. No fees, no minimums, FDIC insured up to $3M.

Unlimited Sub-Accounts

Organize funds by job, project, or purpose. Track payroll, taxes, and expenses separately — all in one workspace.

Moving Companies Financial Tools in Utah — FAQ

Do I need a license to start a moving company in Utah?

Yes — Utah requires moving companies to register with the state (often through the public utilities commission or transportation department) and obtain proper insurance. For interstate moves, you'll also need a USDOT number. Register your LLC ($59) as a first step.

What insurance do moving companies need in Utah?

Moving companies in Utah need general liability insurance, cargo/goods-in-transit insurance, commercial auto insurance for trucks, and workers' compensation. Customers' belongings are your responsibility during the move — adequate insurance coverage is critical.

Do moving companies in Utah need a separate bank account?

Absolutely — moving companies deal with deposits, final payments, fuel costs, truck maintenance, and seasonal labor. A dedicated business account with AI bookkeeping tracks revenue per job and helps manage the seasonal cash flow swings common in the moving industry.

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Ready to run your business from one place?

Holdings gives moving companies in Utah free tools, accounting, and banking — all in one place. Try it free in minutes.

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