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We have been "Strong, Safe and Secure" for over 118 years. We were one of the few banks that did not require Government Debenture Capital during the depression years, relying instead on our own strength and reserves. We were the first bank in Utah to qualify for F.D.I.C. Insurance on Deposits. This year again we relied on our own strength and reserves by not taking the "bailout" or TARP money. We offer all your modern banking services and conveniences and provide a "one of a kind" Rewards Program. Visit your local Central Bank and find out how to keep your money, "Strong, Safe and Secure."

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Early settlers in Springville clustered around Hobble Creek in such numbers that there was not enough water to properly irrigate the land. So some of these early pioneers turned instead to organizing freight companies and began carrying freight from the Missouri River to California and from Springville to Butte, Montana. Later, as the railroads penetrated the West, these same men gave up the mule-train hauling and began railroad construction.

Springville soon became a center of construction activity, which created new wealth for the community. Up until 1890, spare gold was left at the Packard Brother's store, Deal Brothers and Mendenhall Company, or H.T. Reynolds and Company, and it was then that the leading citizens began to talk of the advisability of having a banking institution for the community.

On October 17, 1891, Milan Packard (great-great-grandfather of our president, Matt Packard), along with the Deal Brothers and Mendenhall Company and H.T. Reynolds and Company, organized the Springville Banking Company. The bank grew slowly from its inception until 1924, when the officers and directors were instrumental in attracting the Columbia Steel Mill to the site between Provo and Springville. From this point on, the bank enjoyed steady and substantial growth and was one of the few banks that did not require Government Debenture Capital during the depression years, relying instead on its own strength and reserves. Progressive, ably-managed and community-minded, Springville Banking Company was the first bank in Utah to qualify for F.D.I.C. Insurance on Deposits.

In 1902, the State Bank of Provo was organized by sixteen men of amazingly diverse backgrounds--sheepman, plumber, attorney, you name it--who all had the common desire to find a safe, stable place to save or borrow money.

From its founding until 1954, the State Bank of Provo grew slowly but consistently. The officers and Board members prided themselves as they came to be known as the bank that knew every single customer as a friend. Then the bank began an aggressive program of modernization and expansion which won new customers from every part of the state.

July 1, 1966, marked the wedding day for the Springville Banking Company and the State Bank of Provo. This was not simply a wedding of the two oldest banks in Utah County, but a consolidation of strength that could provide more loaning power and more financial strength and services. The two banks merged under the new name of Central Bank and Trust.

Growing pains pushed the bank's walls wider and wider apart. In 1969, Central Bank opened its doors in Spanish Fork. Then came the Riverside PIaza Office in 1971, the Mapleton Office in 1972, the Payson Office in 1980, and the Orem Office in 1982.

In 1941, the Springville Office was completely remodeled utilizing the original shell of the building for the basis of the facility. In 1986, the Springville Office was once again remodeled.

The Provo Office had an extensive remodeling completed in February of 1989. This building at 75 North University Avenue includes, along with the Provo Office, Central Operations, a Trust Department, a Credit Card Department, and the Corporate Offices. In 1991, their Mortgage Loan department was moved to its newly remodeled office on the corner of 95 North University Avenue. Also that year, ground was broken to commence the building of a new Spanish Fork Office located at One North Main Street, Spanish Fork. In 1996 the American Fork Office opened and in 2003 Lehi Office was completed. These new offices are providing service to people in the north end of Utah Valley. These new facilities are evidence of Central Bank's commitment to Utah County and this community.

Central Bank has grown in strength and security for 110 years, largely because of its emphasis on caring for people and their individual banking needs.