diff --git a/contracts/contracts.go b/contracts/contracts.go
index 46eaa0e0..ee846cf3 100644
--- a/contracts/contracts.go
+++ b/contracts/contracts.go
@@ -54,7 +54,7 @@ func ExampleToken(fungibleTokenAddr string) []byte {
 // CustomToken returns the ExampleToken contract with a custom name.
 //
 // The returned contract will import the FungibleToken interface from the specified address.
-func CustomToken(fungibleTokenAddr, tokenName string) []byte {
+func CustomToken(fungibleTokenAddr, tokenName, storageName string) []byte {
 	code := assets.MustAssetString(exampleTokenFilename)
 
 	code = strings.ReplaceAll(
@@ -69,6 +69,12 @@ func CustomToken(fungibleTokenAddr, tokenName string) []byte {
 		tokenName,
 	)
 
+	code = strings.ReplaceAll(
+		code,
+		"exampleToken",
+		storageName,
+	)
+
 	return []byte(code)
 }
 
@@ -90,7 +96,7 @@ func TokenForwarding(fungibleTokenAddr string) []byte {
 // CustomTokenForwarding returns the TokenForwarding contract for a custom token
 //
 // The returned contract will import the FungibleToken interface from the specified address.
-func CustomTokenForwarding(fungibleTokenAddr, tokenName string) []byte {
+func CustomTokenForwarding(fungibleTokenAddr, tokenName, storageName string) []byte {
 	code := assets.MustAssetString(tokenForwardingFilename)
 
 	code = strings.ReplaceAll(
@@ -105,5 +111,11 @@ func CustomTokenForwarding(fungibleTokenAddr, tokenName string) []byte {
 		tokenName,
 	)
 
+	code = strings.ReplaceAll(
+		code,
+		"exampleToken",
+		storageName,
+	)
+
 	return []byte(code)
 }
diff --git a/contracts/contracts_test.go b/contracts/contracts_test.go
index 9a4e216b..4bf624f0 100644
--- a/contracts/contracts_test.go
+++ b/contracts/contracts_test.go
@@ -29,7 +29,7 @@ func TestExampleTokenContract(t *testing.T) {
 }
 
 func TestCustomExampleTokenContract(t *testing.T) {
-	contract := contracts.CustomToken(addrA.Hex(), "UtilityCoin")
+	contract := contracts.CustomToken(addrA.Hex(), "UtilityCoin", "utilityCoin")
 	assert.NotNil(t, contract)
 	assert.Contains(t, string(contract), addrA.Hex())
 }
@@ -41,7 +41,7 @@ func TestTokenForwardingContract(t *testing.T) {
 }
 
 func TestCustomTokenForwardingContract(t *testing.T) {
-	contract := contracts.CustomTokenForwarding(addrA.Hex(), "UtilityCoin")
+	contract := contracts.CustomTokenForwarding(addrA.Hex(), "UtilityCoin", "utilityCoin")
 	assert.NotNil(t, contract)
 	assert.Contains(t, string(contract), addrA.Hex())
 }
diff --git a/test/token_test.go b/test/token_test.go
index 20396d55..7e53b06b 100644
--- a/test/token_test.go
+++ b/test/token_test.go
@@ -381,7 +381,7 @@ func TestCreateCustomToken(t *testing.T) {
 
 	accountKeys := test.AccountKeyGenerator()
 
-	exampleTokenAccountKey, _ := accountKeys.NewWithSigner()
+	exampleTokenAccountKey, tokenSigner := accountKeys.NewWithSigner()
 	// Should be able to deploy a contract as a new account with no keys.
 	fungibleTokenCode := contracts.FungibleToken()
 	fungibleAddr, err := b.CreateAccount(nil, fungibleTokenCode)
@@ -390,7 +390,7 @@ func TestCreateCustomToken(t *testing.T) {
 	_, err = b.CommitBlock()
 	assert.NoError(t, err)
 
-	exampleTokenCode := contracts.CustomToken(fungibleAddr.String(), "UtilityCoin")
+	exampleTokenCode := contracts.CustomToken(fungibleAddr.String(), "UtilityCoin", "utilityCoin")
 
 	tokenAddr, err := b.CreateAccount([]*flow.AccountKey{exampleTokenAccountKey}, exampleTokenCode)
 	assert.NoError(t, err)
@@ -420,4 +420,28 @@ func TestCreateCustomToken(t *testing.T) {
 
 		executeScriptAndCheck(t, b, GenerateInspectSupplyScript(fungibleAddr, tokenAddr, "UtilityCoin", 1000))
 	})
+
+	t.Run("Should mint tokens, deposit, and update balance and total supply", func(t *testing.T) {
+		tx := flow.NewTransaction().
+			SetScript(GenerateMintTokensScript(fungibleAddr, tokenAddr, joshAddress, "UtilityCoin", "utilityCoin", 50)).
+			SetGasLimit(100).
+			SetProposalKey(b.ServiceKey().Address, b.ServiceKey().ID, b.ServiceKey().SequenceNumber).
+			SetPayer(b.ServiceKey().Address).
+			AddAuthorizer(tokenAddr)
+
+		signAndSubmit(
+			t, b, tx,
+			[]flow.Address{b.ServiceKey().Address, tokenAddr},
+			[]crypto.Signer{b.ServiceKey().Signer(), tokenSigner},
+			false,
+		)
+
+		// Assert that the vaults' balances are correct
+		executeScriptAndCheck(t, b, GenerateInspectVaultScript(fungibleAddr, tokenAddr, tokenAddr, "UtilityCoin", "utilityCoin", 1000))
+
+		// Assert that the vaults' balances are correct
+		executeScriptAndCheck(t, b, GenerateInspectVaultScript(fungibleAddr, tokenAddr, joshAddress, "UtilityCoin", "utilityCoin", 50))
+
+		executeScriptAndCheck(t, b, GenerateInspectSupplyScript(fungibleAddr, tokenAddr, "UtilityCoin", 1050))
+	})
 }