About Us
Frontier Bank opened as Park City’s community bank in 1998, when founder James Montgomery sensed a void in the community due to the selling off of the town’s previous community bank in the 1980s. With a single branch located in Park City, Frontier Bank has grown to become one of the area’s premier banks.
In May of 2004, Frontier Bank opened a second branch in Sandy, Utah, answering the demands for a community bank in that Salt Lake suburb. The new branch provides a complete range of deposit services, in addition to a full-service loan department specializing in residential mortgage and commercial real estate loans.
Our Board of Directors
Seated from Left to Right: James Montgomery, Andrew Montgomery, Merlin Olsen.
Standing from Left to Right: Sam Spinello, Clifford Miller, William Bone, David Karnes, Alvin Shoemaker.
Those not present: Marc Estabrook, Raymond Gustini, Paul Schosberg.
James Montgomery (Chairman of the Board)
Mr. Montgomery is the Chairman and Founder of Frontier Bank. Prior to starting the bank, Mr. Montgomery was Chairman, Chief Executive Officer and President of Great Western Financial Corp. and its wholly owned subsidiary, Great Western Bank. Mr. Montgomery served as Chief Executive Officer of Frontier Bank from 1998-2002.
William Bone
William Bone founded Sunrise Company in 1963 and is Chairman of the Board and Chief Executive Officer. Sunrise Company is the developer of golf communities in California, Arizona and Nevada. In addition to the golf communities, Sunrise Company has built over 10,000 homes in California and Arizona. In 2003, Mr. Bone received the "Legends" Award from the National Association of Home Builders. In 1992, he was inducted into the California Building Industry Association Hall of Fame. He has served on the Board of Frontier Bank, FSB since 2006.
F. Marc Estabrook
Mr. Estabrook is President and Chief Operating Officer of Frontier Bank. Mr. Estabrook was the President and Chief Operating Officer of Great Western Thrift and Loan, a Utah-based, wholly owned subsidiary of Great Western Financial Corp. He joined the Board of Frontier Bank in 2003.
Raymond J. Gustini
Mr. Gustini is a partner with the law firm Nixon Peabody, LLP, in Washington D.C., specializing in matters effecting banks and savings institutions. He has served on the Board of Frontier Bank since 1998.
David Karnes
Former-Senator Karnes is a partner with the law firm of Kutak Rock in Omaha, Nebraska, specializing in real estate, banking and housing issues. He served as a United States Senator from the State of Nebraska and currently sits on the board of the Federal Home Loan Bank of Topeka. He has served on the Board of Frontier Bank since 2002.
Clifford Miller
Mr. Miller is Chairman of the Clifford Group, Incorporated, a business-consulting organization, and is senior consultant to Shamrock Holdings, Inc., a Roy Disney company. Mr. Miller was Executive Vice President and a Director of Great Western Financial Corp. and Chairman and Chief Executive of Braun and Company. In addition, Mr. Miller also served as an advisor to the White House and other cabinet-level officials. He has been on the Board of Frontier Bank since 1998.
Andrew Montgomery
Mr. Montgomery is the Chief Executive Officer and Vice Chairman of Frontier Bank. He has served the organization since its formation in 1998 and was named to his current capacity in January, 2003. Prior to the formation of Frontier Bank, Mr. Montgomery served as Vice President for Imperial Bank and Wells Fargo Bank. He joined the Board of Frontier Bank in 2003.
Merlin Olsen
Mr. Olsen is a national spokesman and businessman. He is one of the most decorated athletes of his time and has been elected to the Football Hall of Fame at the high school, college and professional levels. He is also a former broadcaster and actor. He has served on the Board of Frontier Bank since 2000.
Paul Schosberg
Mr. Schosberg is recently retired after concluding a 25-year career of service to the savings institutions business. He previously served as Chief Executive Officer of America’s Community Bankers, the nation’s largest community bank trade association, and as Chief Executive Officer of New York League of Savings Institutions. He has served on the Board of Frontier Bank since 2000.
Alvin V. Shoemaker, Esq.
Mr. Shoemaker is a private investor. He previously served as Chairman of the Board of First Boston, Inc. He also served as Chief Executive Officer of Blyth Eastman Paine Webber and its predecessor, Blyth Eastman Dillon and Co. He joined the Board of Frontier Bank in 2003.
Sam Paul Spinello
Mr. Spinello is the founder of Spinello Commercial Real Estate, Inc. and Spinello Property Management, Inc.; both firms specialize in providing services to the commercial real estate industry. Sam is the newest member of the Board and has served since August of 2006. |