Altabank


Overview / Commentary
800-815-2265
33 East Main Street
American Fork, UT 84003

Altabank is headquartered in American Fork and is the 14th largest bank in the state of Utah. It is also the 332nd largest bank in the nation. It was established in 1913 and as of March of 2021, it had grown to 435 employees at 28 locations. Altabank has an A health rating.

Reviews (1)

Excellenct Customer Service.

Posted by: |

My entire family uses this bank and they have taken the time to get to know all of us. When I walk in to make a deposit they immediately know who I am. I have never been to a bank where the service was this good. You would think they see so many people during the day they would not get to know you but they actually do. Making deposits was very fast and it was available in your account right away. Everything gets processed extremely fast and they are very fair with the fees or if you happen to go overdrawn.



Health

Health Grade Components

Overall
FDIC Certificate #12773
Year Established1913
Employees435
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.17%
Return on Equity - YTD11.36%
Annual Interest Income$25.1MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$3.52B$2.48B
LoansQ1 2021vs Q1 2020$1.76B$1.62B
DepositsQ1 2021vs Q1 2020$3.17B$2.13B
Equity CapitalQ1 2021vs Q1 2020$343.2MM$336.1MM
Loan Loss AllowanceQ1 2021vs Q1 2020$41.0MM$41.3MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$6.0MM$1.6MM
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Altabank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Altabank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$1m*-SaveSmart Direct
OTHER TIERS: 0.05% Up to $20k | 0.10% $20k - $100k | 0.20% $100k - $250k | 0.25% $250k - $500k | 0.30% $500k - $1m
0.25%*$1m*-Statement Savings
OTHER TIERS: 0.05% Up to $100k | 0.10% $100k - $250k | 0.15% $250k - $500k | 0.20% $500k - $1m
0.25%*$5m*-BizSmart Savings
OTHER TIERS: 0.04% Up to $100k | 0.08% $100k - $250k | 0.10% $250k - $500k | 0.13% $500k - $1m | 0.20% $1m - $5m
0.20%*$10$1kKidSmart Savings
OTHER TIERS: 0.05% $1k+

Altabank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$5m*-BizSmart Money Market
OTHER TIERS: 0.05% Up to $100k | 0.10% $100k - $250k | 0.13% $250k - $500k | 0.15% $500k - $1m | 0.25% $1m - $5m
0.25%*$1m*-CheckSmart Money Market
OTHER TIERS: 0.05% Up to $100k | 0.10% $100k - $250k | 0.13% $250k - $500k | 0.15% $500k - $1m

Altabank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$25kMyRate Checking
OTHER TIERS: 0.25% $25k+
0.30%*$1m*-CheckSmart Senior Plus Checking
OTHER TIERS: 0.05% Up to $20k | 0.10% $20k - $100k | 0.15% $100k - $250k | 0.20% $250k - $500k | 0.25% $500k - $1m
0.30%*$1m*-CheckSmart Senior Checking
OTHER TIERS: 0.05% Up to $20k | 0.10% $20k - $100k | 0.15% $100k - $250k | 0.20% $250k - $500k | 0.25% $500k - $1m
0.25%*$5m*-BizSmart Interest Checking
OTHER TIERS: 0.04% Up to $100k | 0.08% $100k - $250k | 0.10% $250k - $500k | 0.13% $500k - $1m | 0.20% $1m - $5m

Altabank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.93%*$1m*-72 Month CD
OTHER TIERS: 0.40% $500 - $20k | 0.50% $20k - $100k | 0.57% $100k - $250k | 0.75% $250k - $500k | 0.83% $500k - $1m
0.93%*$1m*-Business 72 Month CD
OTHER TIERS: 0.40% $500 - $20k | 0.50% $20k - $100k | 0.57% $100k - $250k | 0.75% $250k - $500k | 0.83% $500k - $1m
0.88%*$1m*-60 Month CD
OTHER TIERS: 0.35% $500 - $20k | 0.45% $20k - $100k | 0.53% $100k - $250k | 0.68% $250k - $500k | 0.78% $500k - $1m
0.88%*$1m*-Business 60 Month CD
OTHER TIERS: 0.35% $500 - $20k | 0.45% $20k - $100k | 0.53% $100k - $250k | 0.68% $250k - $500k | 0.78% $500k - $1m
0.80%*$1m*-48 Month CD
OTHER TIERS: 0.30% $500 - $20k | 0.40% $20k - $100k | 0.48% $100k - $250k | 0.63% $250k - $500k | 0.70% $500k - $1m
0.80%*$1m*-Business 48 Month CD
OTHER TIERS: 0.30% $500 - $20k | 0.40% $20k - $100k | 0.48% $100k - $250k | 0.63% $250k - $500k | 0.70% $500k - $1m
0.68%*$1m*-36 Month CD
OTHER TIERS: 0.23% $500 - $20k | 0.33% $20k - $100k | 0.43% $100k - $250k | 0.53% $250k - $500k | 0.57% $500k - $1m
0.68%*$1m*-Business 36 Month CD
OTHER TIERS: 0.23% $500 - $20k | 0.33% $20k - $100k | 0.43% $100k - $250k | 0.53% $250k - $500k | 0.57% $500k - $1m
0.62%*$1m*-24 Month CD
OTHER TIERS: 0.18% $500 - $20k | 0.28% $20k - $100k | 0.35% $100k - $250k | 0.47% $250k - $500k | 0.52% $500k - $1m
0.62%*$1m*-Business 24 Month CD
OTHER TIERS: 0.18% $500 - $20k | 0.28% $20k - $100k | 0.35% $100k - $250k | 0.47% $250k - $500k | 0.52% $500k - $1m
0.55%*$1m*-18 Month CD
OTHER TIERS: 0.15% $500 - $20k | 0.22% $20k - $100k | 0.30% $100k - $250k | 0.40% $250k - $500k | 0.45% $500k - $1m
0.55%*$1m*-Business 18 Month CD
OTHER TIERS: 0.15% $500 - $20k | 0.22% $20k - $100k | 0.30% $100k - $250k | 0.40% $250k - $500k | 0.45% $500k - $1m
0.45%*$1m*-12 Month CD
OTHER TIERS: 0.12% $500 - $20k | 0.17% $20k - $100k | 0.24% $100k - $250k | 0.33% $250k - $500k | 0.38% $500k - $1m
0.45%*$1m*-Business 12 Month CD
OTHER TIERS: 0.12% $500 - $20k | 0.17% $20k - $100k | 0.24% $100k - $250k | 0.33% $250k - $500k | 0.38% $500k - $1m
0.40%*$1m*-6 Month CD
OTHER TIERS: 0.10% $500 - $20k | 0.14% $20k - $100k | 0.20% $100k - $250k | 0.30% $250k - $500k | 0.35% $500k - $1m
0.40%*$1m*-12 Month Flex CD
OTHER TIERS: 0.07% $500 - $20k | 0.12% $20k - $100k | 0.19% $100k - $250k | 0.28% $250k - $500k | 0.33% $500k - $1m
0.40%*$1m*-Business 6 Month CD
OTHER TIERS: 0.10% $500 - $20k | 0.14% $20k - $100k | 0.20% $100k - $250k | 0.30% $250k - $500k | 0.35% $500k - $1m
0.40%*$1m*-Business 12 Month Flex CD
OTHER TIERS: 0.07% $500 - $20k | 0.12% $20k - $100k | 0.19% $100k - $250k | 0.28% $250k - $500k | 0.33% $500k - $1m
0.32%*$1m*-3 Month CD
OTHER TIERS: 0.07% $500 - $20k | 0.12% $20k - $100k | 0.15% $100k - $250k | 0.22% $250k - $500k | 0.27% $500k - $1m
0.32%*$1m*-Business 3 Month CD
OTHER TIERS: 0.07% $500 - $20k | 0.12% $20k - $100k | 0.15% $100k - $250k | 0.22% $250k - $500k | 0.27% $500k - $1m

Altabank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.93%*$1m*-72 Month IRA
OTHER TIERS: 0.40% $500 - $20k | 0.50% $20k - $100k | 0.57% $100k - $250k | 0.75% $250k - $500k | 0.83% $500k - $1m
0.88%*$1m*-60 Month IRA
OTHER TIERS: 0.35% $500 - $20k | 0.45% $20k - $100k | 0.53% $100k - $250k | 0.68% $250k - $500k | 0.78% $500k - $1m
0.62%*$1m*-24 Month IRA
OTHER TIERS: 0.18% $500 - $20k | 0.28% $20k - $100k | 0.35% $100k - $250k | 0.47% $250k - $500k | 0.52% $500k - $1m
0.50%*$1m*-18 Month Variable IRA
OTHER TIERS: 0.10% $10 - $20k | 0.17% $20k - $100k | 0.25% $100k - $250k | 0.35% $250k - $500k | 0.40% $500k - $1m
0.45%*$1m*-12 Month IRA
OTHER TIERS: 0.12% $500 - $20k | 0.17% $20k - $100k | 0.24% $100k - $250k | 0.33% $250k - $500k | 0.38% $500k - $1m
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.