OFFICIAL PUBLICATION OF THE UTAH BANKERS ASSOCIATION

Pub. 11 2023 Issue 4

By Banding Together, Community Banks Can Participate in Bigger Loans

Sometimes, bigger loans are out of reach for community banks. To get around that obstacle, community banks can join with other financial institutions to cosponsor bigger loans. Loan participations are one way for community banks to break into the bigger corporate loan market, and they have been gaining traction. The corporate loan market has been […]

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Bank Kudos

KeyBank Women of the World Receives $120,000 Grant from KeyBank in Support of Employee Partnership Program KeyBank has awarded a $120,000 grant to Women of the World (WoW), a non-profit organization focused on overcoming employment barriers for forcibly displaced women residing in Utah. The grant will allow WoW to expand its Employee Partnership Program (EPP)

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Deposit Growth Strategies for Banks

Building Lasting Customer Relationships with Treasury Management

Looking to Drive Deposit Growth? Start With Data-Driven Strategies in Treasury Management   In an environment characterized by increasing interest rates and economic uncertainty, banks must address the interconnected threats of deposit runoff and uncertain loan portfolio returns to meet performance expectations. The recent run on deposits at both Silicon Valley Bank and Signature Bank

Deposit Growth Strategies for Banks

Building Lasting Customer Relationships with Treasury Management

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Meeting the Credit Needs of the Community Through Special Purpose Credit Programs

Meeting the credit needs of the communities a bank serves is an ever-evolving challenge. Even financial institutions with strong fair lending compliance management programs can have lending disparities in minority communities when compared to non-minority communities. For decades, discrimination in mortgage lending has led to unequal access to credit for minorities. As financial institutions look

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Emerging Bank Leaders “Igniting Leadership” Conference Wrap-Up

Nearly 60 Emerging Bank Leaders convened at the Zions Tech Center in Midvale on Nov. 16, 2023, for the “Igniting Leadership” Conference, with another 150 attendees joining via Zoom. An impressive lineup of speakers offered diverse perspectives on leadership, many providing specific examples that have served them well in their careers. UBA Chair Andrea Moss

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UBA Fall Compliance Conference Recap

More than 100 compliance officers and attorneys gathered for the UBA Fall Compliance Conference, a three-day conference to explore “Building the Culture of Compliance,” at the Zermatt Resort in Midway on Nov. 1-3, 2023. Attendees heard from several compliance and subject experts, including multiple sessions with David Dickinson from Banker’s Compliance Consulting, Stephanie Lyon and

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The Future of Banking

How AI Is Revolutionizing Operations

Financial Institutions Should Focus AI Efforts on 4 Key Areas This article was originally published on RSMUS.com. Artificial intelligence tools such as ChatGPT — though many are still nascent — are rapidly shifting the landscape in numerous industries, including the financial institutions space. The hype around these technologies may have some organizations prepared to run

The Future of Banking

How AI Is Revolutionizing Operations

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