Our records indicate that this bank has been acquired by
Glacier Bank .
Altabank is an FDIC insured institution headquartered at
33 East Main Street, American Fork, UT 84003.
It was founded in
1913 and has approximately $4 billion in assets. Customers can open an account at one of its 31 branches.
Deposit Rates -
August 21, 2026
SAVINGS RATES
APY
MIN
Savings
0.05%
$2,500
Compare
CD RATES
APY
MIN
6 Mo CD
0.20%
$10,000
Compare
6 Mo CD
0.35%
$100,000
Compare
12 Mo CD
0.25%
$10,000
Compare
12 Mo CD
0.45%
$100,000
Compare
18 Mo CD
0.30%
$10,000
Compare
18 Mo CD
0.55%
$100,000
Compare
24 Mo CD
0.45%
$10,000
Compare
24 Mo CD
0.70%
$100,000
Compare
36 Mo CD
0.55%
$10,000
Compare
36 Mo CD
0.80%
$100,000
Compare
48 Mo CD
0.60%
$10,000
Compare
48 Mo CD
0.85%
$100,000
Compare
60 Mo CD
0.65%
$10,000
Compare
60 Mo CD
0.95%
$100,000
Compare
MM RATES
APY
MIN
Money Market
0.10%
$2,500
Compare
Money Market
0.10%
$10,000
Compare
Money Market
0.20%
$25,000
Compare
Overview 2026
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 12773
Date Established
1913
Assets
$ 3.54 billion
Loans
$ 1,878.41 million
Deposits
$ 3.28 billion
Capital
$ 355.56 million
Summary Balance Sheet as of December 31, 2025
ASSETS
Cash & Balances due from depository institutions
$ 1,623.82 million
Interest-bearing balances
$ 1,587.77 million
Total securities
$ 6.86 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 1,878.41 million
Loan loss allowance
$ 34.79 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 28.76 million
All other assets
$ 76.69 million
Total Assets
$ 3.29 billion
LIABILITIES
Total deposits
$ 3.28 billion
Interest-bearing deposits
$ 2.07 billion
Deposits held in domestic offices
$ 3.28 billion
% insured (estimated)"
55.07%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
N.A.
Subordinated debt
N.A.
All other liabilities
$ 14.13 millionn
Total Liabilities
$ 3.29 billion
Shareholders’ Equity
$ 247.87 million
Summary Income Statement as of December 31, 2025
INCOME AND EXPENSES
Total Interest Income
$ 80.53 million
Total Interest Expense
$ 4.48 million
Net interest income
$ 76.06 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 17.64 million
Total non interest expense
$ 66.47 million
Pre-tax Net Operating Income
$ 32.23 million
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