Craig DeMordaunt


Office Information

Office Phone

Areas Served

Mountain West
Southern California
Mid-West: West of the Mississippi

Get to know me

At First Citizens Capital Equipment Financing, I have a passion for growing a company's enterprise value. Capital equipment financing is an important tool that helps achieve certain goals and objectives, and should be highly tailored by an expert with a proven track record. I have 25+ years of experience in developing C-suite and key stake holder relationships as a trusted partner and advisor. With a deep understanding of financial engineering, tax and accounting rules, and capital utilization, I continually seek ways to enhance value for clients.

I attended Brigham Young University where I earned a BA in History and then earned my MBA from the University of Chicago with an emphasis in finance. My career includes 20+ years with GE Capital and GE's Commercial Industrial Bank. When GE exited commercial finance I provided CFO advisory services for small to middle market companies throughout Utah. I join CIT in 2018, which was acquired by First Citizens Bank in January 2022.

My home is in Salt Lake City, Utah where I live with my wife and 4 kids. I am passionate about my family, my faith and serving in my community. I spend my spare time volunteering for Utah Non Profit Housing Corporation and serve on the board. I currently have 2 children attending Brigham Young University, 1 pursuing an career in advertising and my youngest son having the greatest time at East High School.

Our approach

At First Citizens, our Bankers view business relationships with you through a long-term lens. This aligns with our brand ethics, business philosophies and statement of purpose for building a long, lasting alliance. We make recommendations and decisions based on what’s best for your business and focus on your growth, expansion and success.

Management at First Citizens is regional, and we guide your accounts in the same manner—with regional support and authority. Our relationship management teams include inside and outside relationship managers, credit professionals and product specialists. Our consulting and business strategy services include industry change optimization, business process management and financial management processes.

We pride ourselves on working together to bring positive results to your business, as we see your vision come to fruition.

Industry Expertise

Capital Equipment Finance


BA - BYU; MBA - University of Chicago

Personal Interests

Skiing, Outdoors, Family, and Faith


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Start, grow and expand. Our industry knowledge helps you build a long-term approach for successful business strategies.
Check out the full range of commercial financing services offered by First Citizens Bank.