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4/26/23
WHAT TO DO AFTER BUYING YOUR NEW HOME
It's an exciting feeling to finally receive the key to your new home and start exploring all the possibilities. Don't forget about the important steps you need to take to ensure a smooth transition into your new home. Here's a list of things to do after purchasing your home.
Financial Tips
4/24/2023
ON EARTH DAY, ALTABANK TEAMS UP WITH REAL SALT LAKE FOR GREAT SALT LAKE CONSERVATION
This Earth Day Utah’s largest community bank, announced its commitment towards Great Salt Lake conservation efforts. “Saves for the Great Salt Lake” promises to donate $100 to Great Salt Lake conservation efforts for every save made in 2023.
Community
4/13/23
SMART STEPS TO TEACH YOUR KIDS TO SAVE MONEY
Saving is a crucial part of growing up. It’s important to teach your child healthy saving habits as soon as possible. These habits take time to teach, so start early. Here are some tips to help you get started with your kids today! Check out these smart steps to help your kids learn the importance of saving.
Financial Tips
3/6/2023
ONLINE AND MOBILE BANKING ARE SAFE AND CONVENIENT WAYS TO MANAGE YOUR MONEY
When it comes to bank accounts, the money you put in the bank is your money and you should have convenient access to that money. Online banking and mobile banking allow you convenient access to your money and account activity from anywhere, anytime.
Financial Tips
3/15/23
GOVERNOR COX ANNOUNCES 2023 UTAH BUDGET RECOMMENDATIONS
Governor Cox released his FY2024 budget recommendations in December 2022. As the current legislative session comes to a close, Utahns should take notice of the difference between the Governor’s recommendations and what the legislature ultimately approves.
Community, Economy
4/1/23
PROTECT YOURSELF FROM FRAUD: 3 ONLINE SCAMS TO AVOID AND WHAT TO DO IF YOU'VE BEEN SCAMMED
No one wants to be a victim of fraud. But being honest, online fraud is here to stay. Online scams, phishing emails and texts, hacked websites, and stolen identities — happen all the time. Incorporate best practices for staying safe from fraud and scams.
Financial Tips
3/1/23
MAKING THE MOUNTAINS ACCESSIBLE FOR ALL
Wasatch Adaptive Sports, or WAS, is a non-profit organization based at Snowbird Ski Resort and works to make outdoor recreation affordable and accessible for all adaptive needs. They strive to make a community without barriers so anyone can have the opportunity to recreate outdoors.
Community
2/27/23
ALTABANKING PODCAST EP. 11 — RECESSION TIPS FROM A VETERAN-OWNED BUSINESS IN UTAH
Kenny Knight, owner of Rage Fitness in Lehi, credits the discipline he learned in the Marines, as well as obstacles he’s faced as a Black business owner for the success he’s had at Rage Fitness and in his other business ventures.
Altabanking
2/16/23
WHO BENEFITS FROM A RECESSION AND HOW
Maxing out your savings during a downturn is easier than you think. A recession is anxiety inducing, but there are ways to benefit. Since a recession typically accompanies rising interest rates it is a good time to put more money into interest-bearing savings, money market, or other types of deposit accounts.
Economy
2/14/23
WHAT IS A CHECKING ACCOUNT AND WHY DO I NEED ONE
Checking accounts offer a variety of benefits and services. These flexible accounts allow numerous withdrawals and deposits and are typically accessed using checks, ATM machines, or debit cards.
Financial Tips
2/9/23
THE STATE OF UTAH’S ECONOMY IN 2023
As a new year begins, Utah faces a period of significant economic uncertainty. Many traditional economic relationships have been permanently altered from the pandemic, with many industries still reeling from the effects of dramatic change.
Community, Economy
1/26/23
ALTABANK OPENS SECOND ST. GEORGE LOCATION
Altabank has opened a second branch in St. George, extends the bank’s presence in St. George and Washington County with an easy to access location on the city’s East side.
Community
4/12/24
UTAH TUITION & FINANCIAL AID: 2024 GUIDE TO PAYING FOR COLLEGE
Every parent desires to pay for college with ease and confidence. The Beehive State boasts various four-year undergraduate programs, from large public universities to smaller private ones. Here, we break down each school’s tuition, room and board, financial aid statistics, and scholarships.
Financial Tips
3/27/24
TIPS FOR BUILDING A GOOD CREDIT SCORE
Credit scores can be very tricky things. What exactly is credit? What does a score mean? What affects your score? How much of my available credit should I use? How do I build credit if I don’t have any to start with? We’re here to answer some of those questions for you.
Financial Tips
3/13/24
UTAH HOUSING MARKET TRENDS IN 2024
A bit of relief is here for Utah homebuyers in 2024, but for most looking to break into the housing market, affordability is the one large obstacle remains. Slight dips in mortgage rates and a bit more inventory could open the door for some potential buyers, but homeownership is still difficult for the majority of Utahns who rent.
Economy
3/13/24
ALTABANK INVITES COMMUNITY TO UNITE WITH CACHE FOOD PANTRY IN EFFORT TO COMBAT FOOD INSECURITY
Altabank recently made a $5,800 donation to the Cache Food Pantry. The inaugural donation marks the commencement of the business sponsorship of five local high school food pantries. The overall goal is to stock every school in the area with essential food supplies.
Community
2/26/24
HOW TO SUPPORT BLACK-OWNED BUSINESSES IN UTAH
Supporting small businesses, including ones run by Black-business owners, creates a powerful force and culture for a community. A culture where everyone is helping each other grow is a successful environment for all kinds of businesses to thrive.
Community
2/13/24
MASTERING YOUR FINANCES: STRATEGIES FOR ACHIEVING FINANCIAL SUCCESS
Figuring out how to manage your finances can be overwhelming, whether you are just leaving home and going out on your own, or you want to get on top of your debt and build a savings. Here are some ways to get you started and help you stay on track.
Financial Tips
1/24/24
THE STATE OF UTAH'S ECONOMY IN 2024
It’s a new year, but Utah’s economy carries much of the same story going in to 2024. It’s one of—if not the best—economies in the entire country. It’s a narrative said repeatedly by many leading experts and state officials and for good reason; the awards have been piling up for Utah.
Economy
1/4/24
HOW THE GREATEST SNOW ON EARTH AFFECTS UTAH'S ECONOMY
The 2022-2023 ski season was one for the record books. Alta Ski Area received a whopping 903 inches of snow last season setting the state’s all-time record. So far, the current ski season isn’t quite living up to the hype of last year, but snow totals remain to be seen. Despite snow totals, when Utah transforms into a winter wonderland, how does it impact the state’s economy?
Economy
12/12/23
ALTABANK'S CHARITABLE CONTRIBUTIONS IN 2023 SUPPORT ORGANIZATIONS CREATING POSITIVE CHANGE
Every year, Altabank contributes hundreds of thousands of dollars to organizations in our community that are working to effect positive change. In 2023, Altabank contributed $1,042,000 to organizations that support worthwhile efforts.
Community
12/6/23
ALTABANK HOSTS THE WARMING CACHE VALLEY GOODS DRIVE TO HELP KEEP NEIGHBORS WARM THIS WINTER
Altabank is partnering with USU Athletics and the William A. Burnard Warming Center of Logan to host a drive to collect goods for the W.A.B. Warming Center that will help its guests stay warm this winter and care for unhoused individuals and families on the coldest nights of the year in Cache Valley, Utah.
Community
11/21/23
WHEN TO MAKE A CHARITABLE DONATION DURING THE HOLIDAYS
With the holiday season around the corner, now is a great time to donate to those in need. And while getting a boost on your tax return isn’t your primary incentive for giving, knowing how—and when—to make your donation can make a difference when tax time rolls around after the New Year.
Community, Financial Tips
11/9/23
STRESS-FREE CHRISTMAS SHOPPING: TIPS FOR AN ENJOYABLE HOLIDAY SEASON
The holiday season is a time of joy, love, and togetherness, but Christmas shopping can be overwhelming. There are plenty of strategies and tips to make your Christmas shopping experience stress-free and enjoyable.
Financial Tips
10/25/23
BREAKING THE SILENCE: DOMESTIC VIOLENCE PREVENTION AND AWARENESS ADVOCATES SHONE A LIGHT ON ISSUE
A roundtable discussion of the issues surrounding domestic violence including its many forms, some of its misconceptions and misnomers, and how to recognize, report, or prevent domestic violence.
Community, Altabanking
10/6/23
EARLY BIRD HOLIDAY SHOPPING: BENEFITS & TIPS
Starting holiday shopping early provides discounts, less stress, and budget control. Craft lists, allocate budgets, price compare, visit clearance stores, and craft DIY gifts to save money while enjoying the festive season.
Community
10/2/23
GOVERNOR SPENCER J. COX DECLARES OCT. 2, 2023, AS DOMESTIC VIOLENCE AWARENESS DAY IN UTAH
Take a Stand Against Domestic Violence! Please join Altabank, Capsa, DOVE Center, South Valley Services, The Refuge Utah, and the Utah Domestic Violence Coalition as we come together to shine a spotlight on a critical issue--Domestic Violence in Utah.
Community
9/22/23
STRONG PASSWORDS, STRONG FINANCIAL SECURITY
Empower Your Financial Security with Strong Passwords! Learn why they matter, debunk common myths, and discover creative methods for crafting robust yet memorable passwords.
Financial Tips
9/18/23
Bank fraud is a pervasive threat, with various tactics employed by scammers. This article explores common types of bank fraud, including account takeover, check fraud, ATM skimming, and more.
Financial Tips
9/15/23
OUTSMART ONLINE SCAMMERS AND PROTECT YOUR FINANCES
Protect your digital life with simple tips to prevent online scams. Learn about scams, secure your accounts, and stay informed for online safety.
Community
8/28/23
TACKLING TAILGATING AND GAME DAY EXPENSES
Learn how to save money during football season: plan budget-friendly tailgates with potluck-style food, DIY drinks, and carpooling. Research ticket prices, set cash limits, and consider staying home to watch.
Community
8/22/23
BIDEN-HARRIS STUDENT LOAN FORGIVENESS: HOW TO PAY OFF DEBT FAST
If you’re unsure of the latest development with student loan forgiveness, you are not alone. With so many changes, it’s hard to keep up these days. Student loan payments are due soon, so check out what to do next.
Economy, Financial Tips
8/17/23
BACK-TO-SCHOOL BUDGETING FOR COLLEGE STUDENTS
Prepare for college with effective budgeting. Don't forget overlooked costs like health care, transportation, food, entertainment, and emergencies. Prioritize essentials, set limits, and save. Master budgeting for lasting success in academics and life.
Community
8/10/23
BACK-TO-SCHOOL BUDGETING FOR GRADE SCHOOL STUDENTS
Empower K-12 students with back-to-school saving tips, building lasting financial skills through smart spending on supplies, lunches, and events.
Community
7/31/23
SMALL BUSINESS LOANS: BEST STATE TO START A SMALL BUSINESS
U.S. News & World Report recently ranked the Beehive State as having the best economy in the country. Those willing to open the doors to a new business can do so confidently anywhere in the state, from St. George to Logan.
Financial Tips, Economy
7/21/23
CELEBRATING THE JOURNEY OF ALTABANK
In honor of July 24th, we celebrate our remarkable journey rooted in Utah's community, embracing our heritage with Bank of American Fork and Lewiston State Bank.
Community
7/7/2023
HOW TO MAXIMIZE YOUR SAVINGS WHILE SUMMER SHOPPING
Maximize summer shopping savings by understanding sales, researching, planning, capitalizing on promotions, using online tips, saving on fashion and home essentials, and leveraging rewards programs.
Community
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6/30/23
Get the Most Savings out of Your Summer. Explore summer side hustles for extra income, reduced reliance on credit, build an emergency fund, and invest in your future. Seize financial advantages!
Financial Tips
6/23/23
TYPES OF DEPOSIT ACCOUNTS: BEYOND TRADITIONAL CHECKING AND SAVINGS ACCOUNTS
Beyond traditional checking and savings accounts, there are other types of deposit accounts to help consumers protect and grow their money. Read more about three basic categories – traditional, higher interest and investment.
Financial Tips
5/25/23
UTAH SUMMER ADVENTURES THAT ARE BUDGET-FRIENDLY
Utah is a beautiful place to live! With its stunning landscapes, national parks, and trails, it's hard to stay indoors, especially during summer. Exploring this gorgeous state doesn't have to break the bank.
Community, Financial Tips
5/19/23
YOU GRADUATED! WHAT'S NEXT--BUILD A SOLID FINANCIAL FUTURE
Preparing for the next chapter of your life can be a daunting task. Whether you've just walked across the stage as a high school graduate, or are an upcoming senior looking forward to graduation, this blog is for you!
Financial Tips
5/18/23
STRUCTURING DEPOSITS: THE 3 MOST IMPORTANT ACCOUNTS A BUSINESS NEEDS NOW
If you run finances for a small or large business, take note. Successful commercial banking takes more than a checking account and savings account these days. Now more than ever is the time to ensure the security of business finance.
Financial Tips, Economy
5/10/23
TIPS ON HOW TO LIVE A DEBT-FREE SUMMER
Are you worried that your summer bucket list might break the bank? Despite the current financial uncertainty and inflation, it is still possible to have a fun-filled summer without getting into debt or spending too much. Check out these tips and tricks to help you plan a great staycation!
Financial Tips
5/15/23
STAYCATIONS: THE ULTIMATE DEBT-REDUCING VACATION HACK
Are you looking for a way to relax and unwind without breaking the bank this summer? Consider taking a staycation. It involves taking time off from work to stay home or explore your local area. It's a great way to save money, and discover hidden gems.
Financial Tips
5/2/23
WHAT'S THE DIFFERENCE BETWEEN BANKS AND CREDIT UNIONS?
While fundamentally credit unions and banks are similar, there are some significant differences that need to be understood. Now’s a great time to assess your current banking situation to ensure it’s working for your specific needs.Financial Tips
8/12/2022
ALTABANKING PODCAST EP. 9 — WHAT SNOWBIRD’S DAVE FIELDS SAYS ABOUT UTAH BUSINESS IN 2022
In addition to providing a world-class outdoor recreation experience for guests, Dave Fields also has oversight of Snowbird’s workforce, sustainability efforts, and discussions with government leaders over infrastructure concerns about avalanches and roads.
10/10/23
ALTABANKING PODCAST EP. 13 - DOMESTIC VIOLENCE AWARENESS IN UTAH
One in 3 Utah women will experience domestic violence in their lifetime which means, someone you know is either experiencing or deals with domestic violence. Our panelists discuss the efforts being made to raise awareness, provide support, and help survivors, emphasizing the importance of recognizing different forms of domestic abuse and how to support victims.
8/9/23
ALTABANKING PODCAST EP. 12 - THE IMPACT OF THE GREAT SALT LAKE ON THE STATE OF UTAH
Three individuals who care for the Great Salt Lake discuss the role of the lake in Utah’s ecosystem. Max Malmquist, Bonnie Baxter, and Natalie Gochnour highlight the lake's impact on agriculture, the economy, and wildlife. They emphasize that urgent preservation efforts require collaboration to protect Utah’s unique environment and outdoor activities.
11/08/22
ALTABANKING EP. 10 - COULD MORE WOMEN IN CONSTRUCTION FIX UTAH'S LABOR SHORTAGE?
Jennie Tanner, who owns and operates her family’s business, Tanner Glass & Hardware, has been searching for new ways, not only to expand their businesses but also to recruit new talent, including reaching out to young women who may want to work in construction.
2/27/23
ALTABANKING PODCAST EP. 11 — RECESSION TIPS FROM A VETERAN-OWNED BUSINESS IN UTAH
Kenny Knight, owner of Rage Fitness in Lehi, credits the discipline he learned in the Marines, as well as obstacles he’s faced as a Black business owner for the success he’s had at Rage Fitness and in his other business ventures