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Altabanking episode 29 with Rick Smith

Sept. 25, 2020

Altabanking Interview KSL Radio Transcript: Rick Smith

Segment title: Discussing Cash Management and Business Banking with Rick Smith

GRANT: Welcome to Altabanking. Weekly business talk geared toward elevating your financial future. Rick Smith is an Owner Manager and Escrow Officer at Title Guarantee. Rick, tell us about your experience working with a bank to better manage your business.

RICK: Altabank came in at a time when we were lost in the mix with another bigger regional bank. We were a small fish in a big tank with them, but the people at Altabank make us feel like we are a big fish! We have 3 or 4 people that care about our business and will drop anything to help us with whatever our need might be. We feel appreciated and have loved our change to Altabank.

GRANT: When should businesses think about using their bank’s cash management services?

RICK: We’ve found that it pays to have conversations with your banker. Help them get to know your business and ask what they can offer or suggest. As Altabank has gotten to know our business they’ve suggested alternative options, they’ve helped us to improve our protocols and safeguards. They have helped protect us from losses and fraud and saved us money that way. They have also saved us a ton of money by setting our business and accounts up in a superior way over the bank we were with prior to joining Altabank.  

GRANT: How have you seen your business change while using your bank for help? And what help have you received during COVD-19 pandemic to ensure your business’s security?

RICK: Altabank has helped us do things in a way that we don’t have to go to the bank. We take advantage of remote check deposits, online banking and treasury management options that help us work from wherever we are physically. We do not hesitate to reach out to our banker with whatever our immediate need might be. Everyone is so nervous right now that it is nice to know with Altabank, we feel secure.  

GRANT: Thank you, Rick! This has been Altabanking. Brought you by Altabank. Member FDIC.