TAB BANK Terri Lins of TAB Bank Wins Utah Business Executive Excellence Award Terri Lins, chief credit officer at TAB Bank, has received the Utah Business Executive Excellence Award. The award celebrates the highest achievements in Utah’s business community and highlights members of the executive team for their strategic vision, resilient leadership and profound influence on improving the business landscape and quality of life in Utah. TAB Bank Closes More Than $41 Million in New Credit Facilities in First Quarter 2024 TAB Bank closed more than $41 million in major credit facilities in the first quarter of 2024. Deal sizes ranged from under $1 million to $10 million from companies across the United States in the paper products, food, trucking and shipping, retail, construction and marketing industries. For these companies, the bank is a financial partner facilitating access to capital resources for growth and improved profitability. TAB Bank Deemed Best Community Bank by Utah’s Best of State Awards TAB Bank has been named Best Community Bank by the Utah Best of State Awards for the second year in a row. TAB Bank was honored at the Best of State Gala on Friday, May 24, 2024, at the Salt Palace Grand Ballroom in Salt Lake City. The Best of State Awards celebrates Utah’s outstanding individuals, businesses and organizations across various industries who excel in their endeavors, use innovative approaches or methods, and contribute to a better quality of life in Utah. Best of State judges selected TAB Bank for its community and social responsibility efforts and for providing financial solutions for businesses, families and individuals nationwide, uniquely designed to serve the needs of the underserved. ZIONS BANK Bankers Brighten Up Homes During 32nd Annual Paint-a-Thon Twenty-eight homes throughout Utah, Idaho and Wyoming received makeovers by Zions Bank employees during the company’s 32nd annual Paint-a-Thon. From June 10-14, more than 2,100 volunteers — consisting of local bank employees and their family members — participated in the service project. Along with brightening neighborhoods, the Paint-a-Thon aims to help older adults, people with disabilities and veteran homeowners take pride in their homes and maintain their independence. In addition to painting, Zions employees provided yard clean-up, pruning, mowing, planting and minor repairs as needed by homeowners. Launched in 1991, Zions Bank’s Paint-a-Thon began as a volunteer project for a dozen homes along Utah’s Wasatch Front. Over the three decades, Zions Bank employees have set aside summer pastimes for a week each year — volunteering in the evenings after work — to paint 1,315 homes throughout Utah, Idaho and Wyoming. Not counting the dollar value of volunteer hours through the years, the bank has donated more than $1.4 million toward beautifying homes in the three states. Zions Bank Welcomes Global Leaders to International Trade Summit Zions Bank welcomed former U.S. President George W. Bush to Salt Lake City in May as the keynote speaker at its Crossroads of the World International Trade Summit. The 43rd U.S. president shared insights on his eight years in the White House and the current geopolitical climate with an audience of 800 business and community leaders at the Grand America Hotel. Other featured speakers at the summit included former Mexican President Vicente Fox, former Canadian Prime Minister Stephen Harper and former Senegalese President Macky Sall. As companies based in the Intermountain West continue to grow overseas, Zions Bank and World Trade Center Utah brought together world leaders and top business minds to discuss global trade and business opportunities. In 2023, Utah exports exceeded $17.4 billion, according to the Office of the United States Trade Representative. About 85% of Utah’s exporting companies are small- to medium-sized businesses, and 20% of Utah jobs are tied to trade. “As the world becomes increasingly connected, even small- and mid-size companies are finding ways to expand overseas, where 95% of consumers reside,” said Zions Bank President and CEO Paul Burdiss. “We want to help position local companies at the forefront of global commerce.” Utah Banker 17
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