We’re celebrating one hundred years of serving Utah communities with free cookie Fridays. Each month one of our 13 branches will be spotlighted—for that month, the spotlighted branch will have free cookies in their lobby. You can read a little bit about the history of Bank of American Fork below, with a history of the spotlighted branch. For a deeper history and to view photos visit here and select “downloads”.
Bank of American Fork was established in 1913 as The People’s State Bank of American Fork. The first two decades after opening brought success for the bank and its reputation for being safe and sound was solidified. Challenges came in 1932, when the People’s State Bank of American Fork closed its doors to prevent a run on deposits. While a third of the nation’s banks did the same and never reopened, the People’s State Bank was open for business nine months later after tremendous sacrifice on the part of its management. The 1940s and ‘50s were better years for banking, and the People’s State Bank of American Fork thrived. In the 1960s the name was shortened to Bank of American Fork and proved itself a technological leader when it made a large investment in upgrading to advanced computerized systems. In the ‘80s and ‘90s, Bank of American Fork began to receive national recognition for being safe and strong. It was during this time that the bank began strategic expansion across Utah, finding communities where Bank of American Fork fit and filled needs. Today, we are proud to be a part of 13 communities, and Utah’s community bank leader.
Riverton Branch March 19, 2007 The bank’s 11th branch opened. Associates from West Jordan and Riverton generated enough local business to open a branch. Management and the board were determined to have a strong presence in south Salt Lake communities, so business development officers were hired to identify business opportunities in this area. These employees generated enough business from the West Jordan and Riverton areas that Bank of American Fork could open a branch in Riverton, managed by Kirk Woolley and Chaille Mackie, the branch and operations managers still overseeing the Riverton branch today.
Don’t forget to stop by the Riverton branch on Fridays this month and grab a cookie! For the full parade and community appreciation day schedule, see here!