Back to list

Celtic Bank

Utah-chartered industrial bank — top SBA 7(a) lender in the US.
Banking 📍 Salt Lake City, UT Founded 2001
Current Valuation
Private
as of 2025
PRIVATE

IPO Outlookprivate

Is Celtic Bank going public?
No. Celtic Bank is private and has not filed to go public. There is no S-1 on file.
What is Celtic Bank's valuation in 2026?
No confirmed valuation is on record for Celtic Bank. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Celtic Bank filed an S-1?
No public S-1 is on file for Celtic Bank.
Who are Celtic Bank's investors?
Celtic Bank's investors include Management / private holders.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Celtic Bank is a Utah-chartered industrial bank specializing in SBA 7(a) loans, asset-based lending, and banking-as-a-service partnerships. The bank went private in 2006 after previously trading publicly; 2024 revenue was approximately $345M, down 21% YoY amid SBA market softness.

Company Profile

CEO
Reese Howell Jr.
Founded
2001
HQ
Salt Lake City, UT
Employees
500+
Est. Revenue
$345M (2024)
Growth
-21% YoY
IPO Status
none

Fundraising Status

Private (went private 2006) · 20y 7mo ago
none

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Private (went private 2006)Jan 2006Management buyout

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
20
via careers page
Product-build share
45%
engineering, research, product, design
Trajectory
steady
product-led hiring — 45% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month20Aug '26
Open roles by function
Open roles by functionEngineering7Finance & Strategy4Support3Sales & GTM2Ops & People1Security1Product1Marketing1
product-building   go-to-market / G&A
Energy, Infrastructure and Project FinanceCredit Manager - Energy, Infrastructure and Project FinanceLoan Processor - Energy, Infrastructure, & Project FinanceUnderwriter - Energy, Infrastructure, & Project FinanceDevOps Engineer, IT AutomationSoftware Development Engineer in Test (SDET)
Counted from Celtic Bank's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Reese Howell Jr.

Investors

Management / private holders

Products

  • SBA 7(a) and 504 loans
  • Asset-based lending
  • Commercial real estate loans
  • Equipment financing
  • Banking-as-a-Service partnerships

Competitors

Live Oak Bank · Cross River Bank · Newtek · Huntington Bancshares · WebBank
BankingBaaSSBA LendingIndustrial BankUtah
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025. Refreshed quarterly.