ALTABANK
CMO of the Year Award Recipient
Altabank Chief Marketing Officer Stan Sorensen received the Silicon Slopes Hall of Fame CMO of the Year for 2024. The award was presented at Slopes Summit in January.
Altabank and USU Partner for Clothing Drive
Altabank and Utah State University (USU) have partnered on a clothing drive for the William A. Burnard Warming Center in Logan. The month-long drive kicked off at a Utah State Aggies basketball game. This is the second year Altabank and USU have partnered on this initiative.
Altabank Opens 25th Location
Altabank opened its 25th location in Utah on Feb. 3. The Cedar City LPO is located at 700 N. 100 W. Justin Barnes, a long-time Cedar City banker who was most recently with State Bank of Southern Utah, joined Altabank late last year to guide Altabank’s expansion into Iron County.
BANK OF UTAH
Bank of Utah Named the Best Bank in Utah in the GOBankingRates 2025 Best Banks by State Awards
In its annual rankings of America’s Best Banks, GOBankingRates researchers conducted a comprehensive review of FDIC data and product offerings, listing Bank of Utah as the Utah Gold Medal Winner and the best bank in the state.
Bank of Utah Joins Forces to Provide New Home for Military Family
Homeownership became a reality for an exceptional military family thanks to the Have a Heart Home program and the combined efforts of Bank of Utah, Nilson Homes, Clearfield City and other community partners. During a heartfelt presentation, the family — whose youngest child has special needs — was honored for their service and presented with the keys to their new home.
The Have a Heart Home program brings together individuals, businesses, builders, lenders and organizations such as the Association of REALTORS® and its affiliates to provide affordable housing for families with unique needs.
BRIGHTON BANK
Brighton Bank hosted its 22nd Annual Free Skate Day on Saturday, Jan. 11, at the Cottonwood Heights Rec Center. What a fantastic winter day, spending time with the community! A special thank you to the wonderful staff at the rec center for their continued support and partnership over the years, as well as to Schmidt’s Bakery for their delicious sugar cookies that added a sweet touch to the event.
KEYBANK
People Helping People Receives $75,000 Grant from KeyBank to Support Employment Opportunities for Underserved Women
KeyBank awarded a $75,000 grant to People Helping People (PHP) in Salt Lake City, a nonprofit providing employment training and resources to low-income women and single mothers who are working towards financial self-sufficiency through long-term successful employment.
PHP offers a four-phased program for underserved females, focused on coaching, mentoring, developing employment strategies and offering continued career development opportunities. PHP’s overall mission is to reduce the number of Utah families living in poverty by helping low-income women, primarily single moms, reach adequate income through sustainable employment.
“People Helping People supports vulnerable Utah women with the employment training and resources needed today to help them flourish, thereby strengthening themselves, their families and their communities,” said Drew Yergensen, KeyBank Utah market president. “KeyBank is proud to support this admirable mission to help our neighbors and make our community stronger in the process.”
NeighborWorks Salt Lake Receives $225,000 Grant from KeyBank to Support CareerWorks Program
KeyBank has awarded a $225,000 grant to NeighborWorks Salt Lake (NWSL), a Utah-based nonprofit organization that strengthens community neighborhoods through housing, resident leadership, youth and economic development opportunities. KeyBank’s grant will bolster NWSL’s CareerWorks program, which creates medical career readiness employment opportunities for diverse populations in the Salt Lake community.
CareerWorks offers specialized healthcare career training to lower-income diverse community members so they can secure employment and opportunities for career advancement.
“Programs like CareerWorks equip our community citizens with the confidence and skills needed to kickstart successful medical careers, offering sustainable employment and quality medical care for our Utah citizens,” said Drew Yergensen, KeyBank Utah market president. “KeyBank is honored to support this valuable and much-needed community initiative.”
TAB BANK
TAB Bank Named a Top 10 Best Online Bank
GOBankingRates named TAB Bank as a Top 10 online bank because of its best-in-class products and services, such as checking and savings accounts offering competitive APYs and low minimum opening deposits.
TAB Bank Fuels Growth for Farmers with $5 Million Financing Deal
TAB Bank closed a $5 million lender finance facility with a Nevada-based company specializing in factoring financing for farmers, agricultural businesses and fresh produce exporters in Mexico. This partnership enables the agriculture finance company to expand its operations and empower small- to mid-size growers globally by supporting their funding needs.
TAB Bank Finishes 2024 Loaning More Than $57 Million to Nearly 300 Companies
TAB Bank provided nearly 300 companies with more than $57 million in funding in the fourth quarter of 2024. The financing includes factoring, asset-based and equipment loans, small business lines of credit and more for companies in transportation, manufacturing and distribution, e-commerce, maintenance, logistics and other industries. TAB Bank offers vital capital to help companies meet their growth and success goals.
ZIONS BANK
Zions Bank Honors Women in Leadership at 2025 Sundance Event
Ten national and local leaders were celebrated for their work in a variety of fields at the 2025 Sundance Women’s Leadership Celebration, presented by Zions Bank. Honorees included Deb Haaland, 54th secretary of the U.S. Department of the Interior, and local business leader Lavanya Mahate, owner of Saffron Valley and RISE Culinary Institute.
This is the 12th year that Zions Bank and Sundance Institute have hosted this event focused on women leaders.
Utah Students Deck the Halls at Zions Bank
More than 3,000 elementary school students from more than 60 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. Some Zions Bank branches invited students from special-needs classes and Title I schools to decorate the trees in their lobbies.
