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Altabancorp (ALTA)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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43.22-0.27 (-0.62%)
At close: 4:00PM EDT

43.22 0.00 (0.00%)
After hours: 4:00PM EDT

Altabancorp

1 East Main Street
American Fork, UT 84003
United States
801 642 3998
http://www.altabancorp.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees471

Key Executives

NameTitlePayExercisedYear Born
Mr. Len E. WilliamsPres, CEO & Director765.87kN/A1959
Mr. Mark K. OlsonExec. VP & CFO450.44kN/A1964
Mr. Judd P. KirkhamExec. VP & Chief Credit OfficerN/AN/A1974
Mr. Judd J. AustinExec. VP & Chief Banking Officer of AltabankN/AN/A1982
Ms. Christine Maebelle LinfordSr. VP & Chief People Officer of AltabankN/AN/A1975
Mr. Ryan Howard JonesExec. VP & Chief Lending Officer of AltabankN/AN/A1979
Ms. Adelaide MaudsleyCorp. Sec.N/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Altabancorp operates as the bank holding company for Altabank, a state-chartered bank that provides retail and commercial banking products and services. The company accepts checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit. It also offers commercial real estate, residential mortgage, commercial and industrial, home equity and improvement, automobile, debt consolidation, general consumer, and small business association loans, as well as construction, acquisition, and development loans; and credit and debit cards. In addition, the company provides investment securities, such as the U.S. Agency issues, mortgage-backed securities, and municipal bonds; and online and mobile banking, automatic teller machine, treasury management, remote deposit capture, bill pay, cashier's check, money order, and safe deposit services. It serves real estate developers and contractors, small to medium sized businesses, individuals, and professionals and professional firms through 25 retail branches located in Utah, Salt Lake, Davis, Cache, Box Elder, and Washington Counties in Utah and in Preston, Idaho. The company was formerly known as People's Utah Bancorp and changed its name to Altabancorp in July 2020. Altabancorp was founded in 1905 and is headquartered in American Fork, Utah.

Corporate Governance

Altabancorp’s ISS Governance QualityScore as of April 1, 2021 is 5. The pillar scores are Audit: 6; Board: 8; Shareholder Rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.