Pub. 5 2017 Issue 1

Issue 1. 2017 23 “There is a growing need and shortage for senior housing in our community and nationwide,” said Dell Loy, CEO of Wasatch Group. “It is critical that we find ways to create additional afford- able housing for this population.” “We are extremely excited to be able to partner up with Wasatch Advantage Group to provide this high-quality senior apartments development for our community,” added Irena Edwards, senior vice president at KeyBank. “Key’s goal is to finance and invest in projects that stabilize and revitalize neighborhoods and create the much needed affordable housing.” KEYBANK CATHOLIC COMMUNITY SERVICES DONATION PROMOTES WORKFORCE TRAINING KeyBank recently contributed $5,000 to Catholic Community Ser- vices in support of the organization’s workforce training program for refugees who have resettled in Utah. The workforce training program pairs employable refugees with Catholic Community Ser- vices job developers, who help clients search and apply for self-sus- taining employment and provide counseling and information sessions about how to become productive and effective employees. The workforce training program is crucial to the long-term integra- tion of refugees, helping more than half of Catholic Community Services’ refugee clients become employed within six months. KEYBANK NAMED BEST BANK FOR STARTUPS KeyBank was recently named the “Best Bank for Startups” by Money Magazine in the publication’s 2016-2017 list of best banks. Key won the placement in recognition of its Business Reward Checking, which is a premier non-interest-bearing account that rewards clients with exclusive discounts on products and services. Money Magazine evaluated more than 27,000 data points across 800 separate accounts, looking at traditional banks, online banks, and credit unions to determine the best banks in the U.S. Key’s Business Banking team focuses on helping businesses suc- ceed by providing expertise, solutions and specialized support. Key has been helping businesses grow as a Small Business Administra- tion Preferred Lender for more than 15 years. STATE BANK OF SOUTHERN UTAH STATE BANK OF SOUTHERN UTAH PARTICIPATES IN CAREER FAIRS State Bank of Southern Utah participated in four career fairs for Southern Utah University and Dixie State University students. State Bank has built various opportunities for students to gain valuable experience in the banking industry while obtaining their degree. The internship program currently includes openings in Audit, Compliance, Credit Services and Marketing with potential to expand into other areas within the bank. STATE BANK OF SOUTHERN UTAH INVOLVEDWITH FINANCIAL LITERACY CLASSES State Bank of Southern Utah has been involved in financial literacy classes at local high schools. Our employees present the students with money management strategies to better their financial future. At the conclusion of the course, students are invited to tour our branch and meet with employees. ZIONS BANK ZIONS BANK CONTINUES AS TOP SBA LENDER IN THEMARKET Veterans are among hundreds of entrepreneurs in Utah who are discovering perks associated with the U.S. Small Business Adminis- tration (SBA) 7(a) Loan Program Zions Bank approved the largest number of 7(a) loans in the SBA’s Utah District, representing 20 percent of the 1,108 total loans ap- proved during the fiscal year that ended Sept. 30, 2016. The bank approved 227 loans totaling more than $54.9 million. For the past 23 consecutive years, Zions Bank has ranked as the top provider of small business loans in the state. Zions Bank also continues to be a leader in marketing SBA loans to women, minorities and veteran-owned businesses, which account- ed for 48 percent of the loans approved by Zions Bank during fiscal year 2016. The average SBA loan amount approved by Zions in Utah was $242,000. Data show Zions-approved SBA loans helped create more than 614 new jobs in the state. ZIONS BANK’S SMARTWOMENGRANT PROGRAM HELPS WOMEN ENTREPRENEURS Zions Bank’s Women’s Financial Group provides Smart Women Grants as part of its ongoing commitment to support women in achieving financial independence. The microgrants are awarded to those who promote the empowerment of women or directly benefit women of low-income and underserved populations in Utah and Idaho. Since 2004, Zions Bank has awarded 82 microgrants total- ing more than $235,000 for talented individuals and the worthy or- ganizations they associate with. In 2016 year, Zions Bank received 56 applications from women in Utah and Idaho, six of whom were ultimately awarded grants. Each woman received $3,000 from Zions Bank in hopes to help propel their business efforts forward, and assist them as they serve their communities across Utah and Idaho. Though their organizations may have separate goals, there is specif- ically one that ties them all together: to serve and help others. n