Pub. 8 2020 Issue 1
ISSUE 1. 2020 21 For more information: BLUFUND@UTCNS.COM (801) 316-9117 BUSINESS LOANSOFUTAH THE BLU FUND BLU is a small business loan fund founded by UCNS and local governments to provide financing to businesses who don’t qualify for loans from traditional sources. Lending $50,000 to $350,000 for assets including: • Equipment • Inventory • Working Capital • Real Estate • Leasehold Improvements • Debt consolidation ZIONS BANK ZIONS BANK HONORS MILITARY VETERANS In honor of Veterans Day, Zions Bank branches in Utah paid tribute to military veterans in the month of November with honorary displays and recognition events. At Zions Bank’s Bountiful branch, Ashton Lee Smith, a World War II veteran and Purple Heart recipient, was recognized for his military service. Smith, 99, who served the U.S. Army’s 149th Infantry Regiment of the 38th Infantry Division from 1944-1946, was presented with a military challenge coin by Brian Garrett, Zions Bank’s military relation director and State Command Chief Master Sergeant of the Utah National Guard. Within the military, chal- lenge coins are used to recognize outstanding service. ZIONS BANK HELPS SECURE $1.8 MILLION IN AFFORDABLE HOUSING GRANTS A collaborative effort between Zions Bank and community hous- ing providers will create affordable housing opportunities for nearly 200 low-income families and individuals from Brigham City to Escalante. As a member of The Federal Home Loan Bank of Des Moines, Zions helped secure $1.8 million in Competitive Affordable Housing Program grants for six Utah affordable housing projects in Salt Lake City, Park City, Brigham City, Escalante, and Tropic. Since becoming a member of FHLB Des Moines in 2017, Zions Bank has helped secure nearly $4.3 million in afford- able housing awards to build or rehabilitate 335 housing units in Utah. ZIONS RANKS AMONG BEST BANKS Forbes ranked Zions Bancorporation 53rd on its 2020 list of best banks. Forbes’ 11th annual look at America’s Best Banks ranks the 100 largest publicly-traded banks and thrifts based on their growth, credit quality, and profitability. n
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