Company Information

Get to know Altabank

Originally founded as the Bank of American Fork in 1913, the company grew significantly and rebranded to Altabank in 2020. In October 2021, Altabank was acquired by Glacier Bancorp, Inc. and officially merged into Glacier Bank, becoming its Utah-based division. Today, Altabank continues its mission as a community-focused institution, offering a comprehensive range of financial products, including personal and business checking and savings accounts, commercial and industrial loans, real estate construction loans, and residential mortgages to clients across Utah.

Industry

Financial BankingPRIMARY
Financial Other Service

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Altabank

United States

Founded in

01 Dec 1913 (112 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.