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About Cache Valley Bank
Our History
Cache Valley Bank was organized in 1975 as the Bank of North Park,
with the name being changed to the present name in 1981. When it
started, the bank was housed in what is now the North Logan branch
of Lewiston State Bank. The bank moved to a leased facility at 360
North Main in Logan and then in 1988 moved to the location of its
main branch at 101 North Main. In September of 2001, the branch
office was opened in North Logan.
The original investors who formed the bank in 1975 sold stock to
a number of local residents, employees, and family members over
the years. In 1983 the bank was recapitalized with a group of stockholders
that numbered about 80. In August of 1995 the bank was sold to the
Cache Valley Banking Company, a holding company formed to own 100
percent of the bank stock. The holding company is owned by two families
and officers of the bank.
The bank’s mission since its inception has been to provide
services to small businesses, farmers, and residents of Cache Valley.
The bank has experienced steady growth since the mid 1980’s
and now has become the third largest regulated institution in Cache
County according to FDIC deposit surveys.
Mission Statement
We exist to help our clients, employees, and owners achieve economic
success and financial security through providing high quality financial
services to the people and businesses of Cache Valley. |