Saltworks manages targeted Google Ads campaigns designed to connect First Utah Bank with Utah business owners actively seeking financing solutions. Through strategic campaign optimization, compelling ad messaging, and continuous refinement, the campaigns consistently deliver qualified prospects to First Utah Bank’s business banking pages.
Campaign Performance (March–December 2025)
Lead Generation
- 794 total qualified lead actions representing a 32% year-over-year increase
- 71 SBA loan inquiries generated (+129% increase) — First Utah Bank’s flagship business lending product
- 26 Business Financing & Loans leads (+767% increase)
- 6 Business Line of Credit leads (+100% increase)
- High-intent prospects either clicking “Start a loan application” or submitting “Connect with a business banker” inquiry forms
Campaign Reach & Efficiency
44,785 ad impressions delivered — up 77% year-over-year, significantly expanding First Utah Bank’s visibility to business owners across Utah
2,899 clicks from qualified prospects actively researching business financing options
Average cost-per-lead of $289 — maintaining efficiency while scaling campaign volume
35% search impression share — capturing more than one-third of available business banking searches in the Utah market
Strategic Optimization
Saltworks continuously refines campaign performance through data-driven optimization:
Monthly negative keyword additions to filter out unqualified traffic (such as bad credit inquiries), ensuring ad spend targets high-quality prospects
Ad group performance analysis leading to strategic pauses of underperforming segments (e.g., Business Term Loans paused in April 2025) to maximize ROI
Landing page optimization driving strong engagement rates, with the Business Financing & Loans page achieving a 7.53% click-through rate and the SBA Loans page achieving 4.77%
Conversion Tracking & Lead Value
Due to the secure nature of First Utah Bank’s loan application process, full end-to-end conversion tracking is limited. However, Saltworks tracks two critical conversion actions that indicate high purchase intent:
“Start a loan application” button clicks — prospects with immediate financing needs ready to begin the formal application process
“Connect with a business banker” form submissions — prospects seeking personalized guidance to explore their financing options
First Utah Bank reports successful business loans funded from Google Ads leads, with additional high-value opportunities actively progressing through their sales pipeline.