People's Pioneer Mountain Bank of Utah

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The People's Pioneer Mountain Bank of Utah[1] is the 4th oldest FDIC insured bank in Utah according to statistics offered by the FDIC[2]. Since its formation on July 10, 1982 it has served primarily the upper-middle class of Utah County.

[edit] Humanitarian Aid

In August 2001 the PPBU donated a sum of $700,200 to the Republic of Armenia intended to rebuild earthquake victims' homes. The donation was made discretely in order to prevent competing banks from claiming the donation was a massive publicity stunt. In 2003 the PPBU opened a scholarship fund at the University of Utah for English and Humanities majors.

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