PCBS Class of 2024
Congratulations to the Pacific Coast Banking School Class of 2024, including these 15 graduates from Utah:
Greg Anderson, Central Bank
Daniel S. Barnes, Brighton Bank
Taisha Brenchley, Zions First National Bank
Nathan DeFries, Bank of Utah
Justin Delgado, First Utah Bank
Jeremy Despain, Altabank, a Division of Glacier Bank
Russell J. Fullmer, Brighton Bank
Christopher Judd, Central Bank
Angela Richins, First Utah Bank
Dillon L. Schmutz, Bank of Utah
Michael David Sorenson, Zions Bancorporation
Lisa A. Steckman, Zions Bancorporation
Shannon Walker, State Bank of Southern Utah
Ivan L. Warner, Altabank, a Division of Glacier Bank
Beth A. Wilson, Federal Deposit Insurance Corporation
These executives completed a rigorous three-year graduate-level educational program designed for leaders in the financial services industry. Graduates earn an Executive Leadership Certificate from the University of Washington’s prestigious Foster School of Business in addition to their PCBS diploma.
American Banker Tabs Jennifer Smith, Zions Bancorp, for “Most Powerful Women in Banking 2024” List
Congratulations to Jennifer Smith, executive vice president and chief technology and operations officer at Zions Bancorporation, for being named to the American Banker “Most Powerful Women in Banking 2024” list. Zions Bancorp’s Core Systems team was also honored as one of the top five national teams.
Ben West Receives ABA Emerging Leader Award
Ben West, director of credit & risk learning at Zions Bancorp, was honored by the American Bankers Association as a recipient of its 2024 ABA Emerging Leader Awards during the ABA Annual Convention on Oct. 27-29 in New York. This award recognizes the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and local communities.
“I am grateful for the support of Zions Bancorp and the UBA in helping me grow my career so that I can make an impact in our industry,” said West.
The winners were selected by a diverse steering committee of industry professionals after a review of nominations from banks across the country. The qualities and characteristics the committee evaluated as judging criteria included a dedication to the profession, inventiveness, leadership skills, mentoring ability, personal integrity, tenure at the bank and broader commitment to a career in banking, sustained career progress and academic training, including advanced degrees and certificates/certifications.
Altabank
Altabank has received the 2024 Corporate Community Champion Award from Utah Philanthropy Day in recognition of its exceptional community impact across Utah. Each year, Altabank contributes more than $1 million and 1,000 hours of volunteer service to support key issues like domestic violence prevention, mental health and affordable housing. Notably, Altabank played a key role in establishing Utah’s Domestic Violence Awareness Day, uniting advocacy organizations and leading awareness initiatives. This award reflects Altabank’s ongoing dedication to creating a positive and lasting impact in the community.
Bank of Utah
Davis Chamber Honors Bank of Utah as Employer of the Year
The Davis Chamber of Commerce awarded Bank of Utah “Employer of the Year” at the Davis Chamber’s pirate-themed Annual Business Awards Banquet on Sept. 19 at the Davis Conference Center.
“We are honored by this recognition from the Davis Chamber of Commerce. It speaks to the hard work and dedication of our incredible employees,” said Bank of Utah President Branden Hansen. “Our relationship with the Davis Chamber has been longstanding, and we are both humbled and proud to receive this distinction.”
Bank of Utah’s Cash Quest Turns $20,000 Prize into Scholarships for First-Generation Students
Bank of Utah’s 2024 “Where’s the Wallet” cash scavenger hunt ended with Chris Shane winning $20,000 after finding the prize near Echo Reservoir on Sept. 5. Staying true to the contest’s mission, he donated half to fund scholarships for first-generation students at Utah Valley University.
Bank of Utah Celebrates South Ogden Branch Renovation with Commitment to Local Community
Bank of Utah celebrated the recent renovation of its South Ogden branch with a community-centered event showcasing exciting upgrades. The event included a meaningful donation to the Salvation Army Ogden to help those in need.
12th Annual Warm Bodies, Warm Souls Clothing Drive Warms Hearts, Shelters and Homes Across Utah
The 12th annual Warm Bodies, Warm Souls 2024 clothing drive wrapped up with a heartwarming response from Utah residents. Bank of Utah, Arctic Circle and Red Hanger partnered to gather winter clothing and other essentials for families in need across the state from Oct. 21 to Nov. 15. Donations poured in at 74 collection sites statewide, including Arctic Circle, Bank of Utah and Red Hanger locations, filling more than 600 bags with warm clothing and collecting $8,500 for the donation fund — contributions from Bank of Utah and community members.
Bank of Utah Helps Kick Off Ogden’s “Light the World” Giving Machine, Buying One of Every Item
Bank of Utah became the first business to complete the 777 Challenge during the launch of Ogden’s “Light the World” Giving Machine, a vending machine that allows people to donate to local and international charities by purchasing items and services. By purchasing one of every item available — using the code “777” — Bank of Utah donated $1,156 to support those in need during this meaningful time of year. The bank hopes to inspire other businesses to take on the challenge and make a difference in their communities.
D.L. Evans Bank
D.L. Evans Bank has announced the second round of the 2024 Employee Directed Donation Initiative, which gives D.L. Evans Bank employees an opportunity to nominate their favorite nonprofit organizations in Idaho and Utah. Each organization will receive a $2,500 donation from the bank, plus a 5% bonus that will be added in the name of the employee who submitted the application, for a total of $2,625.
D.L. Evans Bank is pleased to announce the $2,625 donation to Cache Valley Humanitarian Center (CVHC), nominated by David Mumm, D.L. Evans Bank vice president senior commercial loan officer and branch manager at the Logan branch. The Cache Valley Humanitarian Center aims to address unmet needs in the community by collaborating with nonprofits and school districts. It partners with 26 local organizations and three school districts to distribute items like back-to-school kits, hygiene kits, sleeping mats for the homeless, winter clothing and books for a Navajo community library to community members in need.
KeyBank
KeyBank’s West Valley Branch Celebrates One-Year Anniversary with a $10,000 Grant to Comunidades Unidas
KeyBank commemorated the one-year anniversary of its West Valley City branch with a celebration that included a variety of sweepstakes, networking, a visit from a Real Salt Lake player, family activities and a $10,000 grant to support the mission of Comunidades Unidas. Founded in 1999, Comunidades Unidas is focused on supporting Latinx immigrants in Utah by connecting them to social service programs needed to recognize and achieve their full potential.
The West Valley branch highlights KeyBank’s state-of-the-art financial wellness center model, which is staffed with financial wellness consultants rather than a traditional teller line. All transactions are completed at desks, where consultants also conduct comprehensive financial wellness reviews and discussions. Clients can also meet with specialists in mortgage, investments, business banking and more at the location.
“We’ve had a great first year at our newest Utah branch in West Valley City,” said Drew Yergensen, KeyBank Utah market president and commercial banking leader. “We have really enjoyed meeting and working more closely with our new neighbors, clients and community partners, and we look forward to strengthening those relationships even further in the coming years.”
TAB Bank
TAB Bank Provides $5 Million to CoreCentric Solutions
TAB Bank has provided a $5 million credit facility to CoreCentric Solutions Inc., a provider of recovery, repair and return-to-market services for appliances, appliance parts and consumer goods. This financing will support CoreCentric Solutions’ mission to reduce waste by keeping appliance parts and consumer products in the economy — inventing new ways to extend the lifecycle of products by collecting, rebuilding, fixing and returning them to the marketplace.
TAB Bank Secures Nearly $100 Million in Q3 Financing Deals, Empowering 385 Businesses Nationwide
TAB Bank successfully closed $98.4 million in credit facilities across 385 deals during the third quarter of 2024. The financing includes a diverse range of loans such as working capital, equipment, commercial real estate, small business lines of credit and accounts receivable funding across numerous sectors, including homeware, restaurant, manufacturing, real estate, transportation and more. TAB Bank remains a solid financial partner for businesses nationwide, offering crucial capital for growth and success to turn goals into reality.
TAB Bank’s $10 Million Loan Propels Mobility Trust Group’s Mission to Improve Accessibility for People with Disabilities
TAB Bank has extended a $10 million revolving Asset-Based Loan (ABL) to Mobility Trust Group, a company specializing in financing mission-critical assistive technology products, including wheelchair-accessible vehicles and home accessibility equipment for people living with disabilities. The loan enables Mobility Trust to secure the liquidity needed for growth while continuing to focus on the needs of a vital and underserved community.
Zions Bank
Utah Students Deck the Halls at Zions Bank Branches
More than 3,000 elementary school students from 52 schools throughout Utah, Idaho and Wyoming shared in Zions Bank’s 52-year community “Lights On” tradition. The students created handmade ornaments for Zions Bank branches’ Christmas trees and received cash donations to their schools in return.
Along with brightening local Zions Bank branches with their festive decorations, many students also performed holiday songs and received a visit from Santa Claus. The Utah Jazz and Utah Hockey Club mascot, Bear, made a special appearance at the bank’s head office celebration, where President and CEO Paul Burdiss presented the school with a check and surprised students with Sacagawea coins.
Zions Bank CEO Teaches Teens Perks and Pitfalls of Paying with Plastic
As a growing number of consumers fall behind on their credit card payments, Zions Bank President and CEO Paul Burdiss taught East High School students about the perks and pitfalls of paying with plastic.
Burdiss was among a group of Zions Bank employees volunteering at local schools in October to teach hundreds of teens the importance of using credit wisely. The outreach effort was in honor of American Bankers Association’s National Get Smart About Credit Day, which aims to equip the students with lifelong consumer skills as they prepare for adulthood.
“It’s important for these students to understand that the choices they make when using their first credit card, or handling their first loan, can impact their lives for years to come,” Burdiss said. “If they can learn the basics of credit now, they will be much better off as they graduate to adulthood.”
During the lesson, Burdiss helped teens learn to weigh the costs and benefits of various credit card terms and explained the importance of building good credit.
