Pub. 4 2016 Issue 2

Issue 2. 2016 21 KEYBANK UTAH HISPANIC CHAMBER NAMES TERRY GRANT BUSINESS EXECUTIVE OF THE YEAR The Utah Hispanic Chamber of Commerce has named Ter- ry Grant, president of KeyBank’s Utah market, as Business Executive of the Year. The award recognizes an executive who demonstrates ex- ceptional success, drive and leadership, which also creates a positive role model for his or her co-workers, staff, com- munity and advances to general interest of local business. Each year, the chamber selects a winner who provides invaluable leadership, demonstrates excellence in business and community involvement, and inspires others to reach their professional business potential. Grant received the award at UHCC’s an- nual conference gathering of 800 people in May. KeyBank was a sponsor of the event, and Utah Market branch manager, Gloria Salazar, sat on the Utah Hispanic Chamber board. KEYBANK DONATES MORE THAN 12,000 BOOKS TO LOCAL SCHOOLS & NONPROFITS This spring, KeyBank donated more than 12,000 books to local elementary schools so that kids in grades K-6 could practice reading during summer break. Numerous Utah based nonprofits received hundreds of books to support their community endeavors, as well. KeyBank customers donated books at all 38 area KeyBank branches, which were then delivered to low-income schools in local neigh- borhoods by KeyBank employees. The book drive was part of Neighbors Make The Differ- ence Day, KeyCorp’s annual day of community service in local neighborhoods. In Utah, KeyBank employees volunteered at 10 organizations, which included install- ing smoke detectors with the American Red Cross in Salt Lake, helping with trail maintenance and landscaping at Red Barn Farms in Davis County, painting at Youth Impact in Ogden, and delivering books and reading to chil- dren at various schools throughout the area. This year marked the 26th anniversary of Neighbors Make the Difference Day, which is the hallmark of Key’s commitment to its communities and a leading corporate volunteerism effort in America. TAB BANK TAB BANK VOLUNTEERS WITH JUNIOR ACHIEVE- MENT TAB Bank is pleased to partner with Junior Achievement of Utah in helping them fulfill their vision of empowering young people to own their economic success. Recently, 40 employees of TAB volunteered at Dee Elementary School and Washington Terrace Elementary School. The volun- teers worked with the fantastic teachers and students at both of these schools in teaching and presenting financial and economic principles. In addition to providing volunteers to help carry about the mission of Junior Achievement, TAB Bank also provides an annual monetary donation to Junior Achievement as well as numerous supplies and materials to the schools where their volunteers work. TWO TRANSPORTATION COMPANIES IN UTAH CHOOSE TAB BANK FOR WORKING CAPITAL CREDIT FACILITIES Two transportation companies based in Utah have chosen TAB Bank for working capital credit facilities. Since its founding, TAB Bank has partnered with trucking com- panies to create fast and flexible financing solutions that keep companies running smoothly. TAB is committed to helping transportation companies and professionals thrive by providing them with the financial tools to grow and manage their businesses. These two transactions are another example of this commitment. The first transaction is with a company that specializes in the transportation of frozen, chilled, and dry products throughout the United States. TAB has provided them with a $500,000 revolving credit facility that will pay off the company’s previous lender and support their continued work in capital needs. The second transaction is with a freight brokerage compa- ny. The company is planning for extensive growth in the coming years. TAB has provided them with a $500,000 revolving credit facility that will help fuel this growth. While FDIC-insured TAB Bank provides working capital and other financial solutions to a variety of industries such as manufacturing, staffing, and technology, the bank’s first industry was trucking. These financial solutions are provided in the form of Accounts Receivable Financing, Asset Based Loans, Lines of Credit, Equipment Finance, Business Accounts and Card Products, and Treasury Man- agement Services.  Bank Kudos — continued on page 22