Pub. 8 2020 Issue 2

www.uba.org 20 BANK KUDOS ALTA BANK ALTA BANK IS NAMED THE 2020 BEST OF STATE WINNER IN THE COMMUNITY BANKING CATEGORY Altabank, Utah’s largest community bank, has been named the 2020 Best of State winner in the community banking category. The award is based on Alta- bank’s unmatched service to its clients and the communities it serves and reflects the bank’s commitment to powering clients’ financial success. Altabank also is actively supporting busi- ness clients by deferring loan payments and participating in programs established by the CARES Act. With the financial strength of its parent company, People’s Utah Bancorp (NASDAQ: PUB), Alta- bank is well positioned to take extra steps to help its clients. PUB recently reported first quarter earnings with total assets of $2.477 billion and net income of $10.77 million. The bank also reported an 11% increase in deposits, further cementing its position as the largest community bank in Utah. BANK OF UTAH BANK OF UTAH CELEBRATES A SUCCESSFUL CHOW DOWN CHALLENGE Bank of Utah recently completed a suc- cessful Chow Down Challenge that resulted in donating nearly $8,000 to local restaurants in its 17 branch markets from Snowville to St. George, in April and May. The bank gave participating restaurants $20 for every takeout or de- livery order photo that customers posted on Facebook, Twitter or Instagram, along with the local restaurant’s name, location and the tags #BoUChowDown and @BankofUtah. “In times of crisis, it’s very important to band together,” said Douglas L. DeFries, president of Bank of Utah. “So, we cre- ated a fun and creative way for people in the community to help local restaurants survive during a time when they had to dramatically reduce their business to takeout and delivery services only. Utah’s restaurateurs did their best to keep us fed while protecting their employees and the public from the COVID-19 virus, and we rewarded them with a little extra cash to show our appreciation.” KEY BANK KEYBANK RANKS #35 ON THE 2020 TOP 50 COMPANIES LIST FROM DIVERSITYINC KeyBank was recently ranked 35th on the 2020 DiversityInc “Top 50 Companies for Diversity” list in recognition of its contin- ued commitment to and advancement of diversity, equity and inclusion practices. KeyBank was also recognized on multiple specialty lists, including: • Top 29 Companies for LGBT employ- ees for the second consecutive year • Top 16 Companies for People with Disabilities for the second consecu- tive year • Top 13 Companies for Veterans for the first year “Diversity, equity, and inclusion are business accelerators and real differenti- ators for our colleagues, for our clients, and for our communities. I am incredi- bly proud of this company, our culture, and our diverse and talented team. We are honored to be named a Top 50 Com- pany for Diversity for the eleventh time,” shared Chris Gorman, chairman and CEO, KeyCorp. With more than 1,000 participants, Di- versityInc's empirically-driven rankings are based on 2019 company-submitted data in six key areas: leadership account- ability, human capital diversity metrics, talent programs, workforce practices, supplier diversity, and philanthropy. KEYBANK TEAMS UP WITH UTAH JAZZ FOR COVID-19 SUPPORT KeyBank joined forces with the sports community recently to support small businesses and aid essential workers in lo- cal communities, including a partnership with Joe Ingles from the Utah Jazz. Through the #KeyBankAssists pro- gram, KeyBank and Ingles surprised people in and around Salt Lake with gift cards to local restaurants, and the two teamed up to make a $10,000 donation to Kulture City. Kulture City is a local non-profit organization that aims to make everyday environments more inclusive to people with autism and post-traumatic stress disorder. In addition to partnering with Ingles, KeyBank also provided support to the Utah COVID-19 Community Response Fund and the Feeding the Frontlines Fund. The company also teamed with various professional sports teams across the nation to support their local com- munities with donations similar to those made with Ingles, including the Pittsburgh Penguins, Cleveland Cava- liers, Indiana Pacers, Portland Timbers, Seattle Mariners, Colorado Avalanche and others.