Pub. 7 2019 Issue 2

www.uba.org 26 Utah is consistently a top-performer throughout the KeyBank footprint and has been a finalist for the competitive Market of the Year award the last three years in a row. In 2018, the Utah market increased pre-provision net revenue by more than 20 percent year-over-year, and several Utah team members were named among the company’s top individual performers nation- wide. The KeyBank Mortgage Operations Center, which opened in Salt Lake in 2016 and serves the entire western half of the U.S., was another important factor in the Utah market receiving the prestigious Market of the Year designation. “After being a finalist for the past three years, we are over- joyed to be named Market of the Year for 2018,” said Utah market president Terry Grant. “We are grateful for all of our amazing clients who trust us to be their partners. This award is a testament to the tireless efforts of our Utah team mem- bers, who consistently deliver the best of Key to local clients and our community.” With the award comes a traveling crystal trophy that will spend the next year visiting each line of business and all 31 branches in Utah. KeyBank Employees Pitch in For 29th Annual Neighbors Day On May 15, approximately 70 KeyBank Utah employees pitched in to help out in the community for the bank’s 29th annual Neighbors Make the Difference Day, a day of community service that is celebrated across the bank’s 15-state footprint. Local employees joined approximately 6,000 of their KeyBank colleagues nationwide, who rolled up their sleeves to work on more than 860 community projects, collectively. In Utah, employees volunteered with seven different local non- profit organizations: Charity Vision, Habitat for Humanity Northern Utah, Red Barn Farms, Red Cross – Sound the Alarm, Tracy Aviary, Utah Community Action and Youth Impact. “Communities thrive when volunteers unite,” said Terry Grant, president of KeyBank’s Utah Market. “It’s why hundreds of Key- Bank employees came together on Neighbors Make the Difference Day to take responsibility for the well-being of our community.” Neighbors Make the Difference Day launched in 1991, with a group of KeyBank employees in Alaska who volunteered for service projects. By 1993, KeyBank extended the concept to many of the communities it served, making it an official day of employ- ee volunteerism. Now, Neighbors Make the Difference Day is a hallmark program and leading corporate volunteerism effort in America, showcasing KeyBank’s commitment to communities. KeyBank Invested $166 Million in Utah Community in 2018 As Part of National Community Benefits Plan KeyBank announced recently that it made community invest- ments totaling $166 million in Utah during 2018 as part of its National Community Benefits Plan. The plan includes commu- nity investment targets for affordable housing and development, growing small businesses and jobs, mortgages for underserved communities, and transformative philanthropy. Specifically, KeyBank originated more than $39 million in small business loans to businesses that are part of low-to-moderate income communities and provided more than $26 million in mortgage lending to low-to-moderate income communities in and around Utah. KeyBank also made more than $611,000 in trans- formational philanthropic investments in neighborhoods in Utah. “Helping all neighborhoods thrive in Utah is our priority,” said Terry Grant, president of KeyBank’s Utah market. “Whether it’s a mortgage for a first-time homebuyer or a small business loan in a struggling neighborhood, each investment in the Utah community is making a difference. When the neighborhoods of Utah succeed, we all succeed.” KeyBank Real Estate Capital Appoints Nikolaus Muelleck to Income Property Group KeyBank Real Estate Capital, the commercial real estate busi- ness unit of KeyCorp, has expanded its Income Property Group (IPG) with the appointment of Nikolaus Muelleck as a senior banker. Muelleck will be based in Salt Lake City, UT where he will be responsible for providing financial direction and advice to existing clients and developing new business relationships in the area. Muelleck brings more than ten years of commercial real estate lending experience to the team. Prior to joining Key, he served as a relationship manager and financial analyst for Wells Fargo’s commercial real estate lending group. Muelleck began his career in real estate finance as an external senior auditor at Deloitte & Touche. He earned a Bachelor of Sci- ence degree in Accounting and Masters of Accountancy from Brigham Young University. STATE BANK OF SOUTHERN UTAH In first quarter 2019, Gunnison Valley Bank merged with State Bank of Southern Utah to become a State Bank branch in Gun- nison, UT. Gunnison Valley joined State Bank as its 14th oper- ating branch and now bears State Bank’s name and branding.  Bank Kudos — continued from page 25