Central Bank (Utah)

This article is about the bank in Utah. For the Atlanta bank founded by Asa Candler, see Central Bank and Trust (Atlanta).

Central Bank (formally Central Bank and Trust Co.) is a privately owned chartered bank in Utah, United States, established in 1891. The bank operates ten locations, all in Utah County.

Central Bank

History

Original Central Bank building in Springville, Utah, August 2015

Central Bank started out as the Springville Banking Company, established in 1891. Until 1890, the local townsfolk of Springville, Utah stored their gold at the Packard Brother's store, Deal Brothers and Mendenhall Company, or H.T. Reynolds and Company. These stores thought that it would be wise to establish a bank, for security reasons. Central Bank was formed when the State Bank of Provo merged with Springville Banking Co. in 1966.^[1]

See also

• Banks portal
• Utah portal

• List of Utah companies