Prime Alliance Bank, established in 2004 in Woods Cross, Utah, focuses on providing personalized service to businesses and individuals similar to community banks. It offers deposit products for both with low minimums and fees, including interest-bearing and non-interest-bearing checking accounts with access to 100,000 MoneyPass® and Allpoint® ATMs.

Interest-bearing checking accounts offer tiered APY rates up to 0.2% for balances of $50,000 or more. Personal savings accounts provide a competitive 4.05% APY on all balances without minimum requirements. Another account with the same APY offers unlimited deposits and six withdrawals/transfers per month.

Prime Alliance offers CDs from six to 60 months with a $500 minimum deposit. CD rates are higher than savings accounts, with the six-month CD offering a competitive 4.35% APY. The bank also lists common fees for its customers.

Pros of Prime Alliance Bank include low fees, competitive interest rates, and a large fee-free ATM network. However, cons include only one physical location and the requirement to apply in person for a checking account. Operating hours are Monday to Friday, 8:30 a.m. to 5:00 p.m. MT.

Prime Alliance Bank has mobile apps for Apple and Android devices with basic features like balance information and bill pay. Despite minimal reviews, the app offers services like mobile check deposit. The bank’s contact information and FDIC insurance details are also provided for customer reference.

Read more at Yahoo Finance: Market-leading interest rates on savings and CD accounts