Altabank Essential Review: Accounts, Loans, and Contacts

Altabank: Overview

Altabank has community banking roots in Utah dating back to 1905, with predecessor institutions including Lewiston State Bank and Bank of American Fork. Those banking operations eventually came together under the Altabank name in 2019, creating the institution’s current identity. Today, Altabank operates as a division of Glacier Bank, which also operates First Community Bank Utah as a separate bank division in the state. In this review, we break down Altabank’s products and services, along with key customer service contact details, so you can quickly understand what it offers and whether it fits your needs.

Expansion

Altabank’s history brings together several long-standing community banks in Utah. Lewiston State Bank was founded in 1905 in Lewiston, Utah, while People’s State Bank of American Fork was founded in 1913 and later became Bank of American Fork. The parent companies of Lewiston State Bank and Bank of American Fork merged in 2013, and the banks combined their charters in 2015 under People’s Intermountain Bank, while continuing to use their established local brands.

The organization expanded again in 2017 with the acquisition of Town and Country Bank in St. George. In November 2019, the Bank of American Fork, Lewiston State Bank, and Town and Country Bank brands were unified under the Altabank name, creating the bank’s current identity. Its parent company, People’s Utah Bancorp, later changed its name to Altabancorp in 2020.

In 2021, Glacier Bancorp, based in Kalispell, Montana, acquired Altabancorp, and Altabank became a division of Glacier Bank. Altabank retained its name and continues to serve customers through its Utah and Idaho locations as part of Glacier Bancorp’s broader network of community bank divisions. In Utah, Glacier Bank also operates First Community Bank Utah as a separate bank division.

Altabank Products and Services

Altabank offers everyday banking for individuals and businesses, including deposit accounts, credit cards, lending, and digital banking tools. For personal customers, it provides checking and savings accounts, certificates of deposit (CDs), credit cards, mortgages, home equity lending, auto loans, and other personal loans. Its Totally Free Checking account is included in our guide for Best Checking Accounts in Utah.

For businesses, Altabank offers business deposit accounts, commercial lending, commercial real estate financing, and treasury management services that help companies manage payments, collections, and cash flow. Customers can also use online and mobile banking features such as bill pay, eStatements, and account alerts. One of Altabank’s business checking accounts is also included in our list of Best Business Checking Accounts in Utah.

Altabank Checking Accounts

Altabank.com | Checking Accounts

Totally Free Checking

A free, non-interest checking account with no minimum balance and no monthly service charge.

Read our full Altabank Totally Free Checking review.

Easy Interest Checking

A free interest-bearing checking account with no minimum balance or monthly service charge. Interest is compounded monthly, and the account is designed for customers using services such as direct deposit or automatic loan payments.

Premier Interest Checking

An interest-bearing checking account with monthly compound interest. A $1,500 daily balance is required to avoid the monthly service charge.

50+ Interest Checking

A free interest-bearing checking account for customers 50 and older, with no minimum balance or monthly service charge. Interest is compounded monthly.

Savings Accounts

Savings Account

Altabank’s basic savings account is designed for everyday saving while earning interest, with access through online and mobile banking.

Money Market Deposit Account

An interest-bearing account designed for customers who want to keep savings accessible while earning interest based on their balance.

Premier Money Market Deposit Account

Altabank’s Premier Money Market account is designed for customers who maintain larger balances and want tiered interest rates while keeping their funds accessible.

Certificates of Deposit

Altabank offers Certificates of Deposit (CDs) with terms ranging from three months to five years. CDs earn a fixed interest rate for the selected term and are designed for savings that can remain deposited until maturity.

Credit Cards

Altabank.com | Credit Cards by FNBO

Altabank credit cards are issued by First National Bank of Omaha (FNBO®). The current lineup includes cash-back, tiered-rewards, introductory-financing, and secured-card options. Offers can vary depending on where you apply, so applicants should review the current terms before submitting an application.

Common benefits of these cards:

• Contactless technology: Tap your card to pay at compatible terminals.
• Fraud protection: Transaction monitoring for suspicious activity.
• Online services: Check your balance, monitor spending, and set up account alerts and Autopay.
• Mobile app: Manage your account from your phone.
• Zero liability: Protection against qualifying unauthorized purchases.
• Roadside Dispatch®: 24-hour access to pay-per-use roadside services such as towing, tire changes, and jump-starts.
• Global services: Assistance with replacement cards or emergency cash while traveling.
• Digital payments: Add your card to a compatible mobile wallet for purchases in stores, apps, and online.

Maximum Rewards® Visa Signature® Card

Best for simple cash back on everyday purchases without tracking spending categories.

• Annual fee: $0
• Welcome bonus: Not offered
• Intro offer: 0% introductory APR on purchases and balance transfers for the first 12 billing cycles
• Rewards: Unlimited 1.5% cash back on purchases
• Other perks: Rewards can be redeemed for cash back, gift cards, travel, or merchandise

Complete Rewards® Visa Signature® Card

Best for earning additional rewards on travel, streaming services, and fuel purchases.

• Annual fee: $0
• Welcome bonus: 15,000 bonus points after spending $500 within the first 3 billing cycles
• Intro offer: Not offered
• Rewards: 5 points per $1 on travel, 3 points per $1 on streaming services, 2 points per $1 on fuel, and 1 point per $1 on all other purchases
• Other perks: Points can be redeemed for cash back, gift cards, travel, or merchandise

Platinum Edition® Visa® Card

Best for introductory financing on purchases or eligible balance transfers.

• Annual fee: $0
• Welcome bonus: Not offered
• Intro offer: 0% introductory APR on purchases and balance transfers for the first 18 billing cycles
• Rewards: Not offered
• Other perks: Designed for large purchases or consolidating eligible credit card balances

BucksBack® Secured Visa® Card

Best for establishing or rebuilding credit while earning rewards on purchases.

• Annual fee: $0
• Welcome bonus: Not offered
• Intro offer: Not offered
• Rewards: 1 point per $1 spent on purchases
• Other perks: Requires a refundable deposit from $300 to $5,000; FNBO periodically reviews accounts for potential credit-limit increases or deposit refunds

Business Checking

Altabank offers three main business checking accounts designed for businesses with different levels of transaction activity. The options are Totally Free Business Checking, Simply Business Checking, and Commercial Checking.

Totally Free Business Checking

A straightforward business checking account designed for smaller businesses with relatively low transaction activity.

Read our review of Totally Free Business Checking.

Simply Business Checking

A business checking option for companies with more transaction activity and banking needs than the Totally Free Business Checking account is designed to accommodate.

Commercial Checking

A commercial checking account designed for businesses with higher transaction volumes and more complex cash-management needs.

Altabank also provides business customers with online business banking and treasury management services to help manage payments, collections, reporting, and day-to-day cash flow.

Personal Loans

Credit Builder Loan Program

A loan program designed for customers with limited or poor credit who want to establish or rebuild their credit history while building savings.

Auto Loans

Financing for new and used cars, trucks, and SUVs, including options to refinance an existing auto loan.

Recreational Vehicle Loans

Financing for recreational vehicles, including RVs and boats.

Unsecured (Signature) Loans

Personal loans that do not require collateral and can be used for expenses such as debt consolidation, major purchases, home repairs, or emergencies.

Overdraft Services

Altabank offers an overdraft line of credit that can automatically cover shortages in a checking account. Customers may also be able to link another eligible deposit account to transfer funds when needed.

Altabank Mortgages

Residential Mortgage Loans

Altabank offers conventional fixed-rate and adjustable-rate mortgages, along with refinancing options for qualifying borrowers.

Jumbo Loans

Jumbo mortgages are available for home purchases that exceed standard conforming loan limits.

Government-Backed Loans

Altabank offers FHA, USDA Rural Housing, and VA mortgage options for eligible borrowers.

Construction Loans

Financing is available for building a home, including construction-specific lending through Altabank’s local mortgage team.

One-Time Close Construction Loan

A construction loan that combines the construction financing and long-term mortgage into one loan. Altabank provides up to 12 months for the construction phase before the loan converts to long-term financing.

Lot and Land Loans

Financing for purchasing residential lots or land, including property intended for a future home build.

Second Home Financing

Mortgage financing is available for qualifying borrowers purchasing a second home.

Healthcare Professional Loan Program

A specialized home financing program available to qualifying healthcare professionals.

Home Equity Line of Credit (HELOC)

A revolving line of credit secured by home equity. Altabank states that homeowners with more than 25% equity may qualify, subject to credit approval.

Conclusion

Altabank’s story is built on long-running community banking in Utah, with roots dating back to 1905 through predecessor institutions including Lewiston State Bank and Bank of American Fork. Those banking operations eventually came together under the Altabank name in 2019. In 2021, Glacier Bancorp acquired Altabancorp, and Altabank became a division of Glacier Bank while retaining its established brand in Utah and Idaho.

Today, Altabank offers checking and savings accounts, CDs, credit cards issued through FNBO, personal loans, mortgages, and business banking services. Its combination of local branches and a broad selection of banking and lending products makes Altabank an established banking option for individuals and businesses in Utah.

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Disclaimer:
This page is not affiliated with, maintained by, or sponsored by Altabank (or Glacier Bancorp). The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The Altabank logo is a registered trademark of Glacier Bancorp, Inc.