Zions Bank

Reworking jail debt could save Davis County $800K

FARMINGTON — Refinancing $15.7 million in bond debt issued in 2005 to expand the Davis County Jail could save the county $800,000 over the life of the bonds.

The bond debt, originally $24.8 million, was taken out in 2005 to fund additions to the county jail in west Farmington, Davis County Clerk/Auditor Steve Rawlings said.

There is currently $19.8 million remaining on the original debt, with $15.7 million eligible for refinance to gain the county a better interest rate, Rawlings said.

High gas prices dent optimism in Utah economy

SALT LAKE CITY -- In March, the Zions Bank Consumer Attitude Index decreased 4.9 points to 79.9. The U.S. Consumer Confidence Index decreased 1.4 points to 70.2, creating a 9.7 point difference between the two indexes.

In March, Utahns' confidence in the economy received a small dent as fuel prices continued to rise. Today, Utahns are paying approximately 23 percent more for regular gasoline in the state compared to just three months ago. Despite rising fuel costs, consumers' confidence toward the economy remains strong. Most importantly, consumers' attitude toward the local labor and housing markets continues to be optimistic. Most economists cite sustained confidence in the labor and housing markets as a key indicator of a healthy economic recovery.

Alan Hall spearheads $1M business contest

 

SALT LAKE CITY — A Utah lip balm maker that treats kissing couples to a pleasant sensation is the type of standout business concept Utah business leaders are looking for in a $1 million contest announced Tuesday.

Message to women: Demand equal pay to receive equal pay

OGDEN -- In the years ahead, employers will become more likely to pay women a wage as high as their male peers, more likely to tolerate flexible schedules if workers are doing a good job and less likely to prejudge employees by their race, predicts Zions Bank's senior vice president of communications.

That's the good news, Chris Redgrave told a student at Weber State University last week.

Refinancing fire station bond could save Syracuse $206,000

SYRACUSE — City officials have taken steps to refinance an existing bond on the fire station — a move expected to save up to $16,000 a year.

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Zions Bank holding student video contest

SALT LAKE CITY -- A new video contest from Zions Bank is giving students the opportunity to win up to $1,000, with a matching prize for their school.

Roy restaurant expands after getting Zions bank loan

ROY -- Zions First National Bank has  announced its rank as the top lender of U.S. Small Business Administration 7(a) loans in Utah during 2011. Zions has ranked as Utah's No.1 SBA lender for the past 18 consecutive years, and has been the top SBA lender in Idaho's Boise District for the past ten consecutive years.

Leaders to discuss life in Utah, appeal of state

SALT LAKE CITY -- Utah leaders in business, health care, education and community development plan to gather for a discussion on what makes living in Utah so great.

Zions Bank sued over overdraft fees, policies

SALT LAKE CITY -- Zions Bank's overdraft policies and practices are being challenged in a Utah federal class action lawsuit.

(CHARLES F. TRENTELMAN/Standard-Examiner) Catholic Community Services Director Marcie Valdez stands by a meager basket of food for those with low incomes. “Yesterday, I was giving a tour and showed them a typical basket and started to cry,” she said Friday. More people need help, but food bank shelves are almost bare.

Ogden food bank desperately seeking donations

OGDEN -- Catholic Community Services Director Marcie Valdez was giving a tour of the Joyce Hansen Hall Food Bank and showing her visitors a typical cart of food low-income people get to take home. "I started to cry," she said.

Utah's economic growth still strongest in the West

SALT LAKE CITY -- Utah's economic growth pace continues to be the strongest in the western Continental U.S., although current growth pales when compared to stronger economic growth during 2004-2007, according to the Summer 2011 issue of Zions Bank's Insight--Economic News of Utah and the Nation released today.

"Utah's job creation pace is likely to maintain course over the balance of 2011.

(NICHOLAS DRANEY/Standard-Examiner) Despite a sign warning of extra fees to cover processing, a customer hands cashier Cruz Romero a credit card at Anaya’s Market in Ogden on Wednesday.

Plastic more popular than cash, but smartphone payments on the way

OGDEN -- Cash is king for small businesses, but in the end, any payment will do because, after all, money is money. Haley Zenger is the owner of The Queen Bee, a book and game shop on Historic 25th Street in Ogden. About 80 percent of her business is in credit cards, and she takes checks written out for less than $50, but is glad when customers use cash.

(ANTHONY SOUFFLE/Standard-Examiner)
Karianne Berry, a teller with Zions Bank, participates in a company service project to paint Frank Sosa’s home in Ogden.

Good Will Deposit

OGDEN -- Nearly 40 Zions Bank employees and their families traded their suits, ties and dresses for overalls and paint brushes to help make Frank Sosa's home on 33rd Street more beautiful.

Zions Bank accepting smart women grant applications

SALT LAKE CITY -- The Zions Bank Women's Financial Group announces the availability of applications for a series of micro-grants for women. The Smart Women Grants are available up to $3,000 to candidates who excel in a variety of fields.

Utah's economic growth to continue through year

SALT LAKE CITY -- Utah continues to build a foundation for stronger economic growth, and the state's economic rebound should maintain its current pace through the end of 2011, with stronger performance on tap during 2012 and 2013, according to the Spring 2011 issue of Zions Bank's Insight--Economic News of Utah and the Nation released today.

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