Big City Banking
Small Town Service
Bank of American Fork
Bank of American Fork, a division of People's Intermountain Bank, was established in 1913. Bank of American Fork is Utah's community-bank leader based on asset size and deposits. We operate 20 locations across Salt Lake, Utah, and Davis counties, including a branch in St. George.
Bank of American Fork is committed to safe and sound financial management, a commitment that has kept us thriving for the past century. We provide "Big-City Banking ~ Small-Town Service" to all of our customers. This means we offer the technology, products and services that can be found at a "big" bank, but with the exceptional customer service and friendliness you'd find in a small town.
33 East Main Street
American Fork, UT 84003
People’s Utah Bancorp
University of Utah Case Study on Bank of American Fork for CSBS
An association of bank regulators invited universities nationwide to create case studies on banks that survived the recession. University of Utah studied Bank of American Fork. Here is their winning case study.
Our business is guided by the following Vision, Purpose, Values Statement:
To become the most distinguished provider of financial services in Utah and adjacent markets.
We exist to strengthen individuals and communities by providing safe financial services with exceptional care.
We care. We are safe and sound. Integrity is absolute. We are professional in every way.
Bank of American Fork was established in 1913 as The People's State Bank of American Fork. In its early years, the bank found modest success servicing mostly sheep farmers in Utah County. Key to the bank's success was the leadership by Clifford E. Young, the Bank's manager from 1913 until the mid 1950s.
After the stock market crashed in 1929, the Bank survived with the help of Young and other shareholders who sold and mortgaged personal property. In early 1932, Young decided to temporarily close People's State Bank instead of risking a run on the bank, as had happened to many banks across the country. The bank re-opened later that year.
Orville Gunther, a local businessman, had been serving on the Bank's board of directors for several years when, in the early 1960s, he was given the opportunity to purchase controlling interest in the bank, which he did. Soon after, Gunther shortened the name of the bank by dropping "People's State" so that it became known as simply "Bank of American Fork."
Expansion within Utah began in the 1970s when the Bank's second branch was built in Alpine. The 1990s saw full-service branches constructed in Highland, Orem, Lehi, Pleasant Grove and Spanish Fork. With the new century came new branches in the Salt Lake Valley, including locations in Draper, Sandy, Murray and Riverton. Most recently, a Bountful branch in Davis County and with the acquisition of Banner Bank's Utah locations, it brings the total number of Bank of American Fork locations to 19.