NOW OPEN FOR NEW DEPOSITS
FWBU BENEFITS
Beneficial Use
With the First Water Bank of Utah you can ensure your water rights are active and avoid forfeiture. Our process and platform make it to manage your water. Our team will guide you through the deposit and change application process quickly and efficiently.
Manage Water Assets
With your water assets validated, our system allows for easy tracking and reporting. Get the data you need to make smart decisions about your water use and find more ways to use your water effectively.
Monetize Water Assets
Maximize your water rights with FWBU. Our platform offers a marketplace for efficient leasing or selling, with options for various term lengths. Avoid water waste and secure your assets against forfeiture efficiently.
ABOUT
The First Water Bank of Utah was established in October 2023 and serves the people of the Uintah Basin. Utilizing new Utah legislation the water bank protects our member's water assets from forfeiture and condemnation procedures. Just depositing water into our bank eliminates the need to prove beneficial use.
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Once a water asset is deposited, the bank provides additional beneficial uses including in-stream flows. Our members enjoy frictionless temporary lease transactions within our pre-approved usage area without the need of lengthy Change Applications. All of this is managed in our state of the art member portal software utilizing the latest software technologies powered by WETx, ensuring your data is safe.
2023
Year Established
2
Transactions In Progress
254
Acre Feet of Water
2
Current Members
Partners
CONTACT
Inquiries
Interested in protecting your water assets and becoming a member?
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Start the process by filling out the form below
Location
Contact Us
Employment
Interested in joining our team? Please send a cover letter together with your resume to: info@fwbu.org
Get in touch: 435-789-BANK