Overview / Commentary
801-377-4222
3670 North University Avenue
Provo, UT 84604

American Bank of Commerce (UT) is headquartered in Provo and is the 38th largest bank in the state of Utah. It is also the 4,401st largest bank in the nation. It was established in 1996 and as of March of 2018, it had grown to 25 employees at 4 locations. American Bank of Commerce (UT)'s money market rates are 2X the national average, and it has an A health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. American Bank of Commerce (UT) has a relatively low asset base.

Health Grade Components

Overall
FDIC Certificate #34232
Year Established1996
Employees25
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.63%
Return on Equity - YTD11.44%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$89.4MM$84.0MM
LoansQ1 2018vs Q1 2017$68.4MM$62.0MM
DepositsQ1 2018vs Q1 2017$76.2MM$72.4MM
Equity CapitalQ1 2018vs Q1 2017$12.4MM$11.3MM
Loan Loss AllowanceQ1 2018vs Q1 2017$718.00K$789.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$327.00K$1.3MM
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

American Bank of Commerce (UT) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$50-ABC Savings
0.50%$25-ABC Youth Savings
0.50%$50-Business Savings

American Bank of Commerce (UT) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$100k*-Consumer Money Market
OTHER TIERS: 0.30% $1k - $5k | 0.35% $5k - $20k | 0.75% $20k - $100k
0.90%*$100k*-Business Money Market
OTHER TIERS: 0.30% $1k - $5k | 0.35% $5k - $20k | 0.75% $20k - $100k

American Bank of Commerce (UT) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.27%$500-48 Month CD
1.46%$500-36 Month CD
1.36%$500-24 Month CD
1.26%$500-12 Month CD
0.60%$500-6 Month CD
0.25%$500-3 Month CD

American Bank of Commerce (UT) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.46%$500-36 Month IRA
1.36%$500-24 Month IRA
1.26%$500-12 Month IRA
Locations


American Bank of Commerce (UT) Locations
Lindon Branch144 South State StreetLindon, UT 84042
American Bank Of Commerce3670 North University AvenueProvo, UT 84604
Heber Branch620 West 100 SouthHeber City, UT 84032

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