Bank of American Fork
Bank of American Fork is a small bank headquartered in American Fork, UT. The bank operates 13 branches in 1 state (Utah). Bank of American Fork has deposits of $705.5 million, and was established in January 1913.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: BOAF CD, BOAF Special CD, SaveSmart Direct Business, SaveSmart Direct, Statement Savings, CheckSmart Platinum and CheckSmart Money Market.
Current Bank of American Fork Rates
| Name | Term | APY | Min Deposit | |
| BOAF CD | 3 months | 0.25 % | $500 | |
| 6 months | 0.60 % | $500 | ||
| 1 year | 0.75 % | $500 | ||
| 18 months | 0.85 % | $500 | ||
| 2 years | 1.25 % | $500 | ||
| 3 years | 1.75 % | $500 | ||
| 4 years | 2.00 % | $500 | ||
| 5 years | 2.30 % | $500 | ||
| 6 years | 2.60 % | $500 | ||
| BOAF Special CD | 17 months | 1.20 % | $5,000 | |
| 35 months | 1.80 % | $5,000 |
About Bank of American Fork
We are proud to be a locally owned and operated financial institution. We consistently rank as one of the safest, most stable banks in the nation. High capitalization, low loan default rates, high return on assets, and modest overhead expenses all contribute to our safety.
Besides serving our customers, Bank of American Fork makes many valuable contributions in our communities. Our employees spend many hours each year assisting in local volunteer programs and teaching financial management courses to students in public schools. The bank also donates money to numerous education, civic and church groups throughout Utah.
Our colorful hot air balloons have become a trademark symbol at local events, flying at parades, sporting events, and schools throughout the state.
Bank of American Fork's philosophy of "putting the customer first" remains our primary focus. Like our founders, we'll work tirelessly to protect your financial assets and give you the fine banking service you deserve.
