OFFICIAL PUBLICATION OF THE UTAH BANKERS ASSOCIATION

October 18, 2023

New Associate Members

Holman Capital Corporation Holman Capital Corporation specializes in financing tax-exempt and taxable debt solutions issued by state and local governments, water agencies and educational institutions nationwide. They finance clients’ equipment, facility, infrastructure and energy needs, with funding amounts ranging from $250k to $100m and financing terms of up to 30 years. They provide community bank […]

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Bank Kudos

ZIONS BANK Zions Bank and Natural History Museum Host Community Science Night Zions Bank partnered with the Natural History Museum of Utah to host a Community Science Night in Garden City in September. The community event featured interactive stations, hands-on activities and touchable specimens. In conjunction with the community event, a traveling “Soil Stories” exhibit

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Artificial Intelligence — The Benefits and Challenges for Financial Institutions

The technologies of artificial intelligence (AI) are becoming an integral piece of the world we live in. These technologies are being deployed across a plethora of fields ranging from simple devices, such as cell phones, to more complex technologies, such as autonomous vehicles or the diagnosing of diseases. AI is even rearing its advancing technological

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New Bank Guidance: Regulators Share Direction on Third-Party Risk Management

Financial institutions are increasingly ramping up partnerships with third-party organizations to improve banking technologies that promulgate efficiencies and cost-savings or add new banking products to drive revenues. As these partnerships increase, the risk to the banking system is also increasing. In June, the Federal Deposit Insurance Corp., the Board of Governors of the Federal Reserve

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UBA’s Community Reinvestment Conference

The Utah Bankers Association hosted its annual Community Reinvestment Conference at the Tower at Rice-Eccles Stadium in Salt Lake City on Sept. 26, 2023. Nearly 40 CRA Officers convened for an important day of learning and sharing, which included CRA updates from regulators and the American Bankers Association, the latest trends in Utah’s economy and

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The Edulogue: Are You Experiencing a Skills Gap?

The biggest issue concerning financial firms is the talent shortage of qualified professionals, such as financial analysts and client managers. No matter how financial organizations improve their products and services, human assets will continue to be a critical investment to stay on top of competitors, remain relevant among rising fintech firms and drive innovation. Moves

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7th Annual Utah Banks & Partners Golf Classic

More than 80 bankers and business partners teed it up at the 7th Annual Utah Banks & Partners Golf Classic, held once again at the Old Mill Golf Course in Salt Lake City on Sept. 8, 2023. It was a spectacular day on the links with perfect temperatures, amazing views and opportunities to reconnect with

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Washington Update — Advocating for ACRE: How Congress Can Help Rural America

Farmers and ranchers today face numerous challenges, from the skyrocketing costs of materials to supply chain disruptions to difficulties purchasing rural land — all while interest rates are rising. As a result, many are relying more on credit than ever before. For those who are young, beginning or socially disadvantaged farmers, these obstacles can seem

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