ALTABANK Stan Sorensen, Altabank SVP and Chief Marketing Officer, was named one of Utah’s Marketing Professionals of the Year by Utah Business Magazine. Sorensen came to Altabank in 2019 to deliver the bank’s rebrand. He has extensive marketing experience spanning technology and healthcare. KEYBANK Utah Food Bank Receives $100,000 Grant from KeyBank to Support Culturally Responsive Food Initiative KeyBank has awarded a $100,000 grant to Utah Food Bank to create an infrastructure that allows the organization to identify, track and distribute culturally appropriate foods to Salt Lake City communities in need and, eventually, state-wide. The KeyBank grant will aid and enhance the Utah Food Bank’s efforts in establishing a delivery baseline for the top 15 culturally responsive foods and creating workflows for inventory and warehousing departments to identify, communicate and prioritize agency needs. The new program will also include survey tools to better assess and record product preferences for partner agencies. KeyBank is a Recipient of the 2023 Bloomberg Gender-Equality Index KeyBank was recently honored as a recipient of the 2023 GenderEquality Index (GEI) from Bloomberg. Bloomberg’s website describes the GEI as a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting. KeyBank Recognized as a 2023 Best Bank by GOBankingRates KeyBank was recently recognized by GOBankingRates as a 2023 Best Bank. The rankings are based on a number of factors, including total assets, minimum deposit needed to open a checking or savings account, checking and saving account fees, minimum balances needed to maintain the account, customer service, mobile app ratings and more. KeyBank Leverages Blend to Deliver Digital Mortgage Application Process for Clients KeyBank is seeing significant results in making home buying easier for clients in the face of a competitive market. Blend (NYSE: BLND), a software platform that digitizes the endto-end mortgage application process for clients looking to purchase or refinance a home, is helping KeyBank close home loans 17 days faster, on average, than before this platform was integrated. This digital enhancement results in faster application processes, putting clients in an ideal position to compete in a difficult real estate market. BANK KUDOS State Bank of Southern Utah Reveals a New Look State Bank of Southern Utah recently revealed a new logo that reflects both its heritage and future — an isolated bristlecone pine tree that existed in the former brand, but with a more modern and iconic feel. The bristlecone pine grows in mountainous regions of the Western United States and is one of the oldest life forms on Earth, living upwards of 5,000 years. “We chose a strong local symbol because of the bank’s history,” said Chief Marketing Officer Cordelle Morris. “We love the symbolism that, as a tree grows, branches and roots are added to strengthen the tree. Similarly, as the bank continues to grow and branches are added, it strengthens our community. This allows us to give back to the communities we serve, just like a tree bearing fruit.” utah.bank 20
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