Banking should build meaningful relationships. Help us carry the tradition of community banking into the future.
People’s Intermountain Bank represents a community-banking family with the purpose of magnifying the traditional strengths of community banking while at the same time reinventing it for our future. We offer a variety of banking services and technologies through our divisions Bank of American Fork, Lewiston State Bank and GrowthFunding Equipment Finance.Tell me about FDIC insurance at People's Intermountain Bank
We are focused on improving the local communities we serve. It all begins with a friendly staff. By focusing on an extraordinary customer experience, we can not only stay transparent and accountable but we can also help our customers stay in better control of their money.
The community-banking brands we operate support our local communities by donating significant amounts to various local non-profit and community organizations, including schools.
of Americans wish their relationship with their bank were more personal.
(Source: ICBA 2016)
We understand that our customers are our friends and neighbors. This helps motivate us to be as accountable as possible. Unlike some other banks, we keep our pricing straightforward and transparent. This translates to generally lower fees for local individuals and small businesses.
Because of their size and local connection, our community banks can respond to loan applications and request quickly. Thanks to a more accessible staff we are able to more efficiently get things done.
of small business loans
of agricultural loans
(Source: The State and Fate of Community Banking, Mossavar-Rahmani Center for Business & Government, Harvard Kennedy School, 2015)
Technology plays a critical role in managing our finances today. We understand that you need access to your money 24/7 and almost everywhere. We have been first to deliver several new technologies to Utah since the early 1970s. Today we offer leading-edge mobile and online technologies, such as our online money manager powered by MX and the ability to deposit checks with your mobile phone. Advanced technologies like these help both individuals and businesses to manage finances at the speed of life. Then if you need help, our friendly branch staff and Utah-based customer-support teams, are happy to help. Visit the division websites for details on branch and customer-service hours.
Important Information about Deposit Insurance Coverage
Our banking divisions are not separately FDIC insured, meaning that if you have deposits at both Bank of American Fork and Lewiston State Bank, for example, those deposits are aggregated together for purposes of determining the amount of FDIC insurance they are eligible for. FDIC insurance coverage for deposit accounts (checking, savings, money market, and certificates of deposit) is $250,000 per ownership category.
You may qualify for more than $250,000 in coverage at People’s Intermountain Bank and its divisions if you own deposit accounts in different ownership categories. The most common ownership categories for individual and family deposits are single accounts, joint accounts, revocable trust accounts, and certain retirement accounts. Additionally, we offer Insured Cash Sweep and Certificate of Deposit Account Registry Services (CDARS), which provide extra FDIC insurance. We will be happy to discuss ways to maximize your FDIC insurance coverage. Please contact us to discuss your options.
For information on insurance coverage limits on your accounts at Bank of American Fork and Lewiston State Bank and how to qualify for more insurance coverage, visit the FDIC’s website, fdic.gov/deposit. The FDIC also has an easy-to-use online tool called EDIE (Electronic Deposit Insurance Estimator). To access EDIE, go to www.fdic.gov/edie/calculator.html