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.
Murray Branch January 15, 2003 The bank’s 10th branch opened in Murray. Management had been debating the idea for several years, and moved on a location once they had employees who knew the area and its residents well. When the bank found the right people, including branch manager Richard Gray, and veteran operations manager Kathie Rockwell, the bank’s new branch opened in leased office space near Fashion Place Mall. At the time, it was the bank’s northern-most branch. During this time of expansion, a cross-functional group of employees created a mission statement for the bank to ensure that new employees and managers would provide the communities they served with the customer service people had grown to love about Bank of American Fork. This summer, the Murray branch moved to a new location on State Street, into a space gutted and remodeled to improve customer service. Have you visited?
Don’t forget to stop by the Murray branch on Fridays this month and grab a cookie!