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On November 13, 2019 the People's Intermountain Bank and its divisions (Bank of American Fork, Lewiston State Bank, and People's Town & Country Bank) rebranded itself as Altabank. [11] [4] In 2021 Altabank was acquired by Glacier Bancorp. [12] In December 2021, Terry Grant was named the next president of Altabank, replacing a retiring Len ...
A valuable account to link to your U.S. Bank Smartly Checking is the U.S. Bank Elite Money Market Account, which pays out up to 3.50% APY on balances of $50,000 or more. Between these two accounts ...
Western Alliance Bank’s High-Yield Savings Premier offers an eye-popping 4.40% APY with no minimum balance requirement and a $0 monthly maintenance fee. It’s why I chose this account to store ...
The bank acquired O.A.K. Financial Corporation in May 2010, [16] Northwestern Bank for $121 million in cash in October 2014, [17] Monarch Community Bancorp for $27.2 million in stock in April 2015, [18] Lake Michigan Financial Corporation for $187.4 million in cash and stock in June 2015, [19] Talmer Bancorp for $1.7 billion in cash and stock ...
For example, if a bank in the United States makes a loan to a customer by depositing the loan proceeds in that customer's checking account, the bank typically records this event by debiting an asset account on the bank's books (called loans receivable or some similar name) and credits the deposit liability or checking account of the customer on ...
“For instance, a small business might opt for a business checking account that includes 100 free monthly transactions and can waive fees depending on your account balance,” Oliver explained.
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It provides mobile banking services through its partner bank, Choice Financial Group. Current was founded by Stuart Sopp at June 2015. [ 2 ] In 2020, the Wall Street Journal reported a valuation of $750 million, and reported that Current "is the latest beneficiary of this trend [toward mobile consumer banking]".