Constructed in 1905 on the northeast corner of the main intersection in the heart of American Fork's commercial district, this building housed a bank established by Gay Lombard in July of 1891. The Bank of American Fork was the town's first full-service professional bank. It operated here until the mid-1930's, when it was taken over and dissolved by the consolidated holding company, only to be later re-established in another location. The building has since served as a retail store and office building. Neo-Classical in style, it is built of iron oxide bricks with wood columns, ionic and composite capitals, arches with limestone keystones, entablature, sills, brackets, and extensive ornamental pressed metal trim. The original Bank of American Fork building has retained most of its original fabric and is a significant example of historic commercial architecture. Its presence along Main Street recalls the economic vitality of the early twentieth century.