Pub. 8 2020 Issue 4 20 BANK KUDOS CHERRY WOOD ENTERPRISES Cherrywood Enterprises is a buyer of charged-off consumer and commercial debt file. We purchase charged-off credit cards, consumer loans, auto deficien- cies, overdraft accounts, commercial loans, and even judgments! We look to work with all Utah Bankers Association members and would love to speak with you further! UPGRADE Upgrade partners with community banks to provide access to prime credit quality consumer assets. Upgrade is a market- place platform founded in 2016. Upgrade currently employs 357 nationwide and has facilitated ~$3 billion in loans since inception. Upgrade offers affordable and responsible credit products to mainstream consumers through personal loans, auto refi and lines/cards and will be launch- ing a HELOC product next year. Their unsecured assets yield 5-6% NET returns to community banks for prime credit borrowers and allows the bank to custom- ize their credit box in either a national or geo-targeted footprint. They also offer free credit monitoring, credit alerts, and credit education to their user base through the Upgrade Credit Health product. KEYBANK KEYBANK NAMED LEADING DISABILITY EMPLOYER For the fourth year, KeyBank was recog- nized by the National Organization on Disability (NOD) as a Leading Disabil- ity Employer. The recognition honors companies that demonstrate exemplary employment practices for people with disabilities and is designed to encourage other companies to tap into the many benefits of hiring talent with disabilities. “KeyBank is proud to be recognized for the fourth year as a leading employer of individuals with disabilities. How we — as individuals and as a company — em- brace and work toward equity for people of all abilities is ref lective of our values,” Greg Jones, executive vice president and chief diversity, equity and inclusion officer, shared. “Today and every day, we celebrate the inclusion of all of our teammates who bring their unique gifts, abilities and talents to Key.” KEYBANK ROUNDS OUT YEAR WITH $50,000 IN COM- MUNITY GRANTS KeyBank is wrapping up 2020 with more than $50,000 in grants to local nonprofit organizations supporting education, food, health, housing and COVID relief in Utah communities. Contributions included $15,000 to the American Indian Services scholarship program, which provides funding to help Native American students receive a quality education and $10,000 grants to the Colum- bus Foundation and Road Home. Addi- tional grant recipients included Red Barn Farms, Salt Lake Community College, Westminster College, American Red Cross of Utah, People Helping People and more. “It is our honor to continue our support of community organizations during Covid-19,” said Terry Grant, president of KeyBank’s Utah market. “Services like access to education, food and housing has never been more important than it is right now, and we are happy to do even a small part to help further the mission of so many fabulous nonprofit organizations here in Salt Lake and throughout the greater Utah community.” ZIONS BANK ZIONS BANK PRESIDENT AND CEO NAMED CHAIR-ELECT OF AMERICAN BANKERS ASSO- CIATION Zions Bank President and CEO Scott An- derson was named chairman-elect of the American Bankers Asso- ciation during its annual convention on Oct. 20. He will serve a one-year term among the ABA’s officers and is expected to be elect- ed chairman of the ABA in 2021. The in- dustry organization represents thousands of banks of all sizes across the U.S. that employ more than 2 million people. During his 46 years in the financial ser- vices industry, Anderson has gained a keen understanding of banking industry issues and the needs of consumers and businesses. As a past member of the American Bankers Association’s Com- munication Committee, he encouraged the organization to empower member banks with tools to better communicate smart financial tips with consumers. Anderson is committed to financial edu- cation and the role bankers play in helping the public become smart consum- ers. With only a few exceptions over two decades, he has taken time out of his day to visit school students and teach them financial ABCs as part of National Teach Children to Save Day. KRISTIANE KOONTZ RE- CEIVES ‘TECHNOLOGY TRANSFORMATION EXCEL- LENCE’ AWARD Zions Bancorporation EVP and Director of Banking Transformation Kristiane Koontz was announced as the recipient of the “Technology Transformation Excel- lence” award at the Women Tech Coun- cil’s 13th annual Women Tech Awards. The annual awards ceremony recognizes women in technology who work to build companies, communities and careers. Koontz is responsible for driving strategic, tech- nology-enabled business transformation initiatives for Zions. She is pas- sionate about building a diverse and inclusive workplace and is co-chair of the Zions Ev- eryone Counts DEI Council. She is also a member of the University of Utah’s College of Engineering Industry Advisory Board and a founder and advisory board member of The CLUB — a Silicon Valley/Bay Area organization dedicated to advancing wom- en in leadership. n PLEASE WELCOME UBAS NEWEST ASSOCIATE MEMBERS