Altabank
Stan Sorensen, Altabank SVP and Chief Marketing Officer, was named one of Utah’s Marketing Professionals of the Year by Utah Business Magazine. Sorensen came to Altabank in 2019 to deliver the bank’s rebrand. He has extensive marketing experience spanning technology and healthcare.
KeyBank
Utah Food Bank Receives $100,000 Grant from KeyBank to Support Culturally Responsive Food Initiative
KeyBank has awarded a $100,000 grant to Utah Food Bank to create an infrastructure that allows the organization to identify, track and distribute culturally appropriate foods to Salt Lake City communities in need and, eventually, state-wide.
The KeyBank grant will aid and enhance the Utah Food Bank’s efforts in establishing a delivery baseline for the top 15 culturally responsive foods and creating workflows for inventory and warehousing departments to identify, communicate and prioritize agency needs. The new program will also include survey tools to better assess and record product preferences for partner agencies.
KeyBank is a Recipient of the 2023 Bloomberg Gender-Equality Index
KeyBank was recently honored as a recipient of the 2023 Gender-Equality Index (GEI) from Bloomberg. Bloomberg’s website describes the GEI as a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting.
KeyBank Recognized as a 2023 Best Bank by GOBankingRates
KeyBank was recently recognized by GOBankingRates as a 2023 Best Bank. The rankings are based on a number of factors, including total assets, minimum deposit needed to open a checking or savings account, checking and saving account fees, minimum balances needed to maintain the account, customer service, mobile app ratings and more.
KeyBank Leverages Blend to Deliver Digital Mortgage Application Process for Clients
KeyBank is seeing significant results in making home buying easier for clients in the face of a competitive market. Blend (NYSE: BLND), a software platform that digitizes the end-to-end mortgage application process for clients looking to purchase or refinance a home, is helping KeyBank close home loans 17 days faster, on average, than before this platform was integrated. This digital enhancement results in faster application processes, putting clients in an ideal position to compete in a difficult real estate market.
State Bank of Southern Utah Reveals a New Look
State Bank of Southern Utah recently revealed a new logo that reflects both its heritage and future — an isolated bristlecone pine tree that existed in the former brand, but with a more modern and iconic feel. The bristlecone pine grows in mountainous regions of the Western United States and is one of the oldest life forms on Earth, living upwards of 5,000 years.
“We chose a strong local symbol because of the bank’s history,” said Chief Marketing Officer Cordelle Morris. “We love the symbolism that, as a tree grows, branches and roots are added to strengthen the tree. Similarly, as the bank continues to grow and branches are added, it strengthens our community. This allows us to give back to the communities we serve, just like a tree bearing fruit.”
WebBank
WebBank has been named one of Glassdoor’s Best Places to Work in 2023, in the U.S. small and medium company category. Unlike other workplace awards, the Glassdoor Employees’ Choice Award is based solely on the input of employees who voluntarily provide anonymous feedback by completing a company review about their job, work environment and employer. “We are thrilled to be selected as one of Glassdoor’s Best Places to Work in 2023, which is a testament to our outstanding company culture,” said Shannon Hutchings, SVP, People and Brand at WebBank. “WebBank is committed to fostering a positive, supportive and transparent work environment, and this award reinforces our philosophy regarding the importance of a best-in-class culture.”
Zions Bank
Zions Bank Honors Women in Leadership at 2023
Sundance Event
Nine women honorees were celebrated for their leadership in a variety of fields — from global leadership to indigenous victim advocacy — at the 2023 Sundance Women’s Leadership Celebration, presented by Zions Bank. Honorees included Utah First Lady Abby Cox and Princess Reema Bandar Al-Saud, Saudi Arabian ambassador to the United States.
This is the 10th year that Zions Bank and Sundance Institute have hosted this event focused on women leaders. This year’s event also included a conversation on the national epidemic of missing indigenous women, which inspired the 2023 Sundance feature Fancy Dance.
Zions Bank’s ‘Lights On’ Tree-trimming Tradition Marks Its 50th Year
More than 3,000 elementary school students from more than 65 schools throughout Idaho, Utah and Wyoming shared in Zions Bank’s 50-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.
Many students also performed holiday songs and received a visit from Santa Claus, while Salt Lake City’s Avenues Branch welcomed the Utah Jazz Bear.
Some Zions Bank branches invited students from special-needs classes and Title I schools to decorate the trees in their lobbies. Zions Bank presented a donation to each participating school.
“While this holiday tradition spans a half-century, our commitment to our communities goes back to our founding in 1873,” said Scott Anderson, Zions Bank President and CEO. “It’s a great way for us to give to our local schools as a thank-you for their festive ornaments.”
Zions Bank’s Mike Van Roosendaal Recognized by Utah Business Congratulations to Mike Van Roosendaal — Regional President, Zions Bank — for being named to the Utah Business 2023 40 Under 40, a list that “celebrates professionals who are changing Utah’s business landscape in big ways.”
TAB Bank
TAB Bank Provides Commercial Truck Parts Distributor in Texas with a $5 Million Asset-Based Credit Facility
TAB Bank announced that it has provided a commercial truck parts distributor in Texas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company is a mid-market commercial truck parts and components distributor. These parts and components include a broad range of top-quality, competitively priced products for suspension, brakes, steering, transmission, fifth-wheel, and axle/wheel systems.
