Zions Community Magazine

Transcription

Zions Community Magazine
community
community
May/June 2015
TRAVEL – HEALTH – FOOD – FINANCE
ZIONS BANK
TRAVEL – HEALTH – FOOD – FINANCE
community
ZIONS BANK
A FOUR-SEASON DESTINATION
SUN VALLEY
6 Doughnut Shops
Worth Your Dough
Utah’s World Champion Cowboys
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features
A Four-season Destination
42
SUN VALLEY
14
17
21
Zions Bank
Employees Bowl
to Help
Utah Students
Jackson Hole’s
Center for
the Arts
The Whole30
Combining Culture,
Talent and Creativity
Reset Your
Metabolism,
Reset Your Life
23
30
37
Doughnuts
8 Great Reasons
to Visit
Grand Teton
National Park
Bucking for
the Top
6 Shops Worth
Their Dough
(and Yours, Too)
Utah’s World
Champion Rodeo
Cowboys
Community Magazine
7
37
the basics
12 Editor’s Note
Rob Brough
76 Dining and Leisure Guide
80 The Last Word
Scott Anderson
people
51 Eye Care 4 Kids
Optician Shares Vision With Needy Kids
54 Todd Hunzeker
A Family Truck Kind of Guy
23
56 Val Hale
Newest Head of GOED Upbeat
About Utah’s Economic Future and Life
58 Trainer Zone Fitness
60 Wasatch Bike Park
62 The Spark Behind
Cache Valley Electric
100 Years in Business
things you need to know
64 VA Mortgages
Home Loan Program for Military
Personnel Has Great Benefits
70 State, County, Business Groups Support Utah’s ‘Vetrepreneurs’
72 Blawn Mountain Project
Mining Development That Benefits
Your Kids and Your Kitchen Table
74 MotoTrax Wins Idaho
Entrepreneur Challenge
8
Zions Bank Sponsors Student Competition
May/June 2015
30
community
TRAVEL – HEALTH – FOOD – FINANCE
community
community
ZIONS BANK
TRAVEL – HEALTH – FOOD – FINANCE
®
ZIONS BANK
Three-time WPA Maggie Award Winner “Best
Corporate or In-House Magazine”
TRAVEL – HEALTH – FOOD – FINANCE
Four-time
Best of State Publication Winner
Four-time
Golden Spike Winner
community
ZIONS BANK
Zions Bank Community magazine is a
publication for our clients in Idaho,
Utah and Wyoming.
Editor-in-Chief
Rob Brough
[email protected]
Publisher
Arkin Hill
[email protected]
Managing Editor
Julie M. Bradford
[email protected]
Senior Editor
Gail Newbold
[email protected]
Advertising Consultant
Brandon Ellis
[email protected]
Advertising Consultant
Geoff Osmond
[email protected]
Art Director
Kevin Kiernan
For address changes call Zions Bank
Customer Service at 1-800-974-8800.
Published for Zions Bank by
Lumin Publishing, Inc.
6015 W. Oakshade Lane
West Jordan, UT 84081
801-417-3000
© 2015 Zions Bank. All rights reserved.
Community is a registered trademark
of Zions Bank.
Articles are offered for informational purposes only
and should not be construed as tax, legal, financial
or business advice. Please contact a professional
about your specific needs and advice.
Community magazine may contain trademarks or trade
names owned by parties who are not affiliated with
Zions Bank. Use of such marks does not imply any
sponsorship by or affiliation with third parties, and
Zions Bank does not claim any ownership of or make
representations about products and services offered
under or associated with such marks.
editor’s note
When I began my employment at Zions Bank in early 1997 our oldest
son, Jordan, was 3 months old. Impossible as it seems, a few weeks from
now he will graduate from high school.
Shortly after Jordan was born, I was advised by a
close friend to enjoy every moment because the time goes
Rob Brough “responsibly” enjoys a
byUtah.
far more quickly than you expect. “Today you are
soda from Swig in Bountiful,
holding him in your arms,” he warned, “but before you
know it he’ll be grown and gone.”
I certainly heard what he was saying, but I didn’t
expect the time to go THAT fast! But, here we are, and
he is all grown up.
Many of you reading this have already experienced
what Holly and I are now going through.
I tease Holly a bit because several months ago she
started adding the words “this is the last time” to her
description of nearly every activity we engage in or
plan. “This is the last time we will all be together for
12 May/June 2015
Christmas for a few years.” “This is the last time I will
make themed Halloween costumes for our whole family.”
“This is the last time we will eat corn chowder together
on a cold April evening after watching a lacrosse game.”
(Each of these is an actual statement heard in our home.)
While I give her a bit of a hard time about her “last
time” comments, in reality my playful remarks are more
to conceal the fact that I am thinking the exact same
thing … and far more often than she realizes. The fact is,
I’m not sure I’m ready to let him go.
Every memory — positive, negative, happy, sad, joyful,
mournful, exhilarating or exhausting — from the past 18
years has included Jordan in some way. In fact, some of
my greatest joys have been born out of experiencing life
with my son. (The same is true with all of our children,
but they aren’t going anywhere for a while!)
Don’t misunderstand me or be concerned that I will be
unable to function once Jordan leaves home or that we
are holding on to him so tightly that he’ll think he can’t
leave. Rather, this is exactly what we want for him. This
is precisely what he should be doing. And he is ready to
grow up and move into the next phase of life.
The words of Cecil Day-Lewis’ poem “Walking Away”
have raced through my mind repeatedly in recent weeks
and will likely become even more poignant in the weeks
ahead. Although he was describing his oldest child’s first
day of school, the words are equally meaningful at the
other end of the spectrum:
“I have had worse partings, but none that so / Gnaws
at my mind still. Perhaps it is roughly / Saying what God
alone could perfectly show – / How selfhood begins with
a walking away, / And love is proved in the letting go.”
While I can no longer hold Jordan in my arms, I
can certainly hold him with my arms and will have the
chance to prove to him how much I love him by letting
go. And the wonderful thing about letting go is that I
know the man who returns will be better than the boy
who left … and I’ll always be proud to call him my son.
Rob Brough
Executive Vice President
Corporate Marketing and Communications
MORE TO EXPLORE
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COMING SOON
In the Community
Zions Bank Employees
Bowl to Help Utah Students
Zions Bank employees kick off the 2015 Bowlathon at Fat Cats in Salt Lake City.
In March, 165 Zions Bank employees, their family members and friends met
in bowling alleys in Ogden, Salt Lake City and Provo to raise funds for Junior
Achievement of Utah during the 13th annual Bowlathon.
By Caitlin Hafla
Photos courtesy
of Zions Bank
Each team of five was responsible for raising a minimum
of $75 for a team total of $375. In total, Zions Bank
raised nearly $20,000. All funds go toward supporting
Junior Achievement students in the following schools:
• Vista Elementary
• Cherry Hill Elementary
• Canyon Rim Elementary
• Oakridge Elementary
“The Bowlathon is a fun way for our employees to
bowl for a great cause and benefit the students involved
with Junior Achievement,” said Keith Schmidt, EVP of
Zions Premier Wealth Management, who also sits on
Junior Achievement’s board. “Thanks to the team captains
who rallied their co-workers, family members and
friends to participate.”
Junior Achievement of Utah was established as an
after-school program in 1956 and began its in-school
programs in 1985. Its goal is to help educate and inspire
young people throughout Utah to value free enterprise and
business, succeed in a global economy, and improve the
quality of their lives.
14 May/June 2015
Zions Bank’s HR employee team dubbed the “Tracker Jackers:” Jamie Issowits,
George Myers, Candy Wagner, Dean Dominguez and Heather Nielsen.
Zions Bank employee Marshall Sayer
participates in Junior Achievement’s
hula-hooping contest.
Employees tried to outdo
each other in the bowling pin
decorating competition.
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JACKSON HOLE’S
CENTER FOR
THE ARTS
Combining Culture, Talent and Creativity
If a getaway to the beautiful and quaint town of Jackson Hole, Wyoming, is on your
summer agenda, make it a point to visit the town’s fascinating Center for the Arts.
With a variety of classes and performances, the center offers much to Jackson’s
residents and tourists including art galleries and exhibits, theatrical productions
and musical concerts, a variety of educational classes, and more. The impressive
78,000-square-foot facility consists of a music center, a 525-seat theater, theater
rehearsal space, administrative space, and an Arts and Education Pavilion.
By Kristi Coleman
Photos by David Swift
Community Magazine 17
The Center’s Residents
“The center’s programming and facility together
reflect the caliber of our community and the values it
represents,” says Martha Bancroft, the center’s director.
“The center presents Jackson to visitors as a cultural hub
and provides supplemental entertainment that couples
well with Jackson’s many outdoor activities.”
Jackson Hole’s rich culture, beautiful scenery, outdoor
recreation and ideal weather attract people from all
over the nation to visit. The center thrives on the town’s
appeal to tourists and their residents and is visited by
125,000 people each year.
The center houses 19 nonprofit organizations and
associations for both higher education and the arts.
Residents receive marketing and event support from
Center for the Arts administration, as well as enjoy “a safe,
professional and beautiful facility to operate within, and
a centralized location two blocks from the town square,”
Bancroft says. Its central location makes it convenient for
Jackson Hole visitors to take a tour of the center or attend
an art exhibit or a theatrical or musical performance.
The center’s residents include film, dance and art
groups, theater companies, a local radio station, musical
organizations, education foundations, and a humanities
council. “The center offers a creative gathering place and
world-class programming,” Bancroft says. “We bring
cultural opportunities to a small mountain community.
Our residents also offer a wide range of classes and
performing opportunities as well. The center is a place
where the community can participate in a full range of
creative and educational activities.” With so many unique
and inspiring offerings, there is something for everyone to
enjoy at the center.
10 Years and Counting
The center opened its doors in December 2004, but
the dream of a facility specifically for the arts began years
before. “In 1991, local arts organizations, artists and
community members collectively recognized that increasing
rents in insecure and inadequate facilities threatened
Jackson Hole’s local arts organizations,” Bancroft says.
As this dream became a reality, visitors have
participated in lectures, seminars and tutorials, and
a variety of classes. Tourists and local residents alike
have enjoyed ballets, comedian acts, plays, concerts, art
exhibits and other performances during the past 10 years.
18 May/June 2015
A Bright Future
As interest and offerings continue to grow, the future for
the facility looks bright. “The center has made significant
strides over the past two years to focus on our core values
of excellence, creativity, leadership and access, and we will
continue our efforts in the years ahead,” Bancroft says.
A calendar of events and more information about the
center and its residents can be found on its website,
www.jhcenterforthearts.org.
scientific research and clinical experience with selfexperimentation, the authors write, “so you can figure
out for yourself, once and for all, how certain factors
affect you.” The program is so successful that the couple
recently released a second book, “The Whole30,” which
describes the regime in more detail.
Not a Quick Fix
Reset Your Metabolism,
Reset Your Life By Natalie Hollingshead
If it sounds like the Whole30 eliminates most of what
you eat on a regular basis, you might be right. Some may
even call it extreme. Despite this, Melissa Hartwig, a
sports nutritionist, says Whole30 is not another quick fix
diet. In fact, she insists the program is not a diet because
“there is no calorie restriction, and we do not focus on
weight loss.” One of the rules of the program is to stay
away from the dreaded scale.
“We are a health-focused program,” Hartwig says.
“You’ll probably lose weight. About 96 percent of people
lose weight on the Whole30 without counting calories or
restricting calories. But if you’re looking for a quick fix
you’re not going to get it from us.”
Whole30 followers testify that the program is tough.
But the results — skyrocketing energy, better sleep,
improved digestion, clearer skin and more — make it
well worthwhile, participants say.
“I had energy like never before,” Reeves says. “I used
to be done with the day at 4 p.m. With Whole30 I had all
the energy I needed.”
Real Food, Real Results
Can you change your life in 30 days? Ashley Reeves says yes. In late
2013, Reeves spent an entire month on the Whole30, a short-term
nutritional intervention designed to reset the metabolism and kick-start
a lifetime of healthy habits. The Pleasant Grove, Utah, wife, mother and
business owner says she was no stranger to healthy eating. But when she
traded foods she thought were healthy, like whole-wheat pasta and beans,
for a month of strict eating, “I learned so much,” she says. “It was lifechanging. I realized I struggled with more food addictions than I knew.”
The Whole30 is one part of a holistic lifestyle program
called Whole9, founded by Melissa and Dallas Hartwig.
The Salt Lake City couple authored the New York Times
best-seller “It Starts With Food,” which introduces the
Whole30 program.
For 30 days, participants like Reeves disavow sugar,
alcohol, grains, legumes and dairy and replace those
foods with lots of vegetables, meat, seafood, eggs, some
fruit and healthy fats. After clearing the body of trigger
foods that can cause digestive problems and fuel sugar
cravings, Whole30ers reintroduce foods one at a time to
see how their body responds. They may discover grains
cause their digestive problems or legumes exacerbate
injuries and inflammation. The program combines
Reeves felt so good on the program that she continues
to eat mostly Whole30 compliant food. On Instagram
under the handle @Amazon_Ashley, she shares her
healthy recipes with some 30,000 followers. As her
photos attest, Whole30 participants eat real, hearty meals
that include dishes like Reeves’ carne asada over sweet
potato fries and guacamole bacon burgers.
“People say it’s so extreme, but in a world where most
people eat their meals in their car, from a window, at
their desk or from a microwave, eating foods that your
great-grandfather would have recognized as food is not
extreme,” Hartwig says.
After completing the month-long Whole30 regime
participants are encouraged to gradually reintroduce
foods back into their diet. “It’s only 30 days so that you
can learn about how these foods interact with your own
body,” Hartwig says. “We don’t expect people to eat like
this forever.”
Information on the program is available for free on
the Whole30.com website, with more detailed meal plans
and recipes in the two books.
“It’s always been free, and it will always be free,”
Hartwig says. “Good health should not discriminate.
We want everyone to have access to this information,
because we believe it is so powerful.”
If you’re planning on trying Whole30, you may want
to skip my article on doughnuts on p. 23!
Community Magazine 21
6 Shops Worth Their
Dough (and Yours, Too)
Doughnuts
Imagine taking a bite of a fresh-from-the-oven, melt-inyour-mouth doughnut. It’s a decidedly delicious moment.
You could even call it a hole-y experience.
By Natalie Hollingshead
Photos by Kevin Kiernan
Community Magazine 23
The deep-fried, circular treats are almost universally
adored, somehow doubling as both an acceptable
breakfast and dessert, no matter which spelling (donut
or doughnut) you prefer. Once a pedestrian fare with few
flavors, the oft-iced confection has undergone a foodie
facelift in recent years with variations like maple bacon
or raspberry mango, giving the glazed doughnuts of your
childhood a run for their money. Here’s the dish on six
of our favorite area shops rolling in dough — doughnut
dough, that is.
1. Beyond Glaze
So delicious you’ll hate the hole. That’s the promise at
Beyond Glaze, a Utah doughnut franchise that started in
Draper and now has five locations throughout the state.
These gourmet doughnuts are made fresh with real fruit
and no preservatives, and then decorated like wedding
cakes with artful swirls of frosting and garnishes.
Chocolate-dipped strawberry, grasshopper, s’mores,
peanut butter swirl and maple bacon are a few of the
more the 30 flavors sold.
Locations in Draper, American Fork, Fort Union,
Sugarhouse and Ogden, Utah, www.beyondglaze.com
Beyond Glaze
24 May/June 2015
LISTEN
IMAGINE
CREATE
Sweet Surrender
2. Sweet Surrender Breads
& Confections
A small-town bakeshop in Ririe,
Idaho, Sweet Surrender is reputed to
sell some of the best maple bars in the
region. Owner Sheila Mathews still
creates her doughnuts the old-fashioned
way, making homemade dough daily
and cutting out each doughnut by hand.
Doughnut holes are the top seller at
Sweet Surrender.
339 Main St., Ririe, Idaho,
208-538-7226
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Day’s Market
3. Day’s Market
This grocery store bakery is
known far and wide for its delicious
doughnuts. They are made from
recipes said to come from Walt Seiter,
a German baker who originally ran
the Heber City Bakery that was
incorporated into Day’s Market bakery
in 1980. The crullers, in particular, are
known for their spot-on texture and
custard taste — not too hard, not too
egg-y, but just right.
Locations in Heber and Provo, Utah,
www.daysmarket.com
26 May/June 2015
Cruller from Day’s Market
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4. Guru Donuts
One glance at the bright pink doughnut on Guru
Donut’s sign and you know these aren’t your average
balls of fried dough. The hipsterberry doughnut —
dubbed Idaho’s doughnut by Zagat.com — is made
with a blueberry, blackberry and lavender glaze. Other
creations include the jalapeno-bacon doughnut topped
with maple-bourbon glaze and the milkshake doughnut
topped with crushed Butterfinger and salted caramel.
“We try to stay away from just doing the obvious,”
says Angel Moran, who founded Guru Donuts with her
husband, Kevin. Guru Donuts are made from scratch
with locally sourced ingredients, such as real vanilla
beans and organic eggs and are preservative free.
204 N. Capitol Blvd., Boise, 208-571-7792
5. Oteo
Guru Donuts
Guru Donuts
Miller’s Bakery
Combine a doughnut with a croissant and you get a
cronut, a buttery, melt-in-your-mouth dessert concept
originating at the Dominique Ansel Bakery in New York
City. You can get a cronut at Oteo in Lindon, Utah,
without taking a cross-country flight. The family owned
Mexican fusion restaurant makes fresh-daily cronuts
stuffed with seasonal delights like black fig with fresh
Bavarian cream, in-season peaches or coconut custard.
The dough is painstakingly prepared and carefully fried
to preserve the delicate layers. It’s a labor of love for
Mosi Oteo, a self-taught foodie “trained in eating.” “I’m
very passionate about food and every aspect of it,” he
says. Oteo sells around five dozen cronuts daily and even
offers an order-ahead option on its website.
139 S. State St., Lindon, www.oteolindon.com
6. Miller’s Bakery
Visitors and passersby in Manti, Utah, are remiss if they
don’t stop by Miller’s Bakery to grab a bite of the shop’s
wildly popular doughnuts — so tasty they may be worth a
special trip to the small town. Online forums such as Yelp and
Urbanspoon are filled with customer raves about the thick,
soft and sticky doughnuts. Try the maple bars — reputed to
be, in our designer Kevin Kiernan’s opinion “heaven.”
227 N. Main St., Manti, 435-835-4931
28 May/June 2015
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Jackson Lake and Teton mountains from Grand Teton Lodge
30 May/June 2015
TO VISIT
GRAND TETON NATIONAL PARK
As far as national park landscapes go, they don’t get much more
dramatic than at Grand Teton National Park. The lakes, forests, big
skies, valleys, rivers and wildlife are nice to be sure, but it’s the Tetons
that give it bragging rights over other national parks.
By Gail Newbold
Photos by Kevin Kiernan
Community Magazine 31
See video of Hidden Falls in our iPad app.
Download Zions Bank Community on iTunes.
Twelve distinctively jagged peaks rise abruptly from the
valley floor, the tallest being the Grand Teton, measuring
13,770 feet at the summit. No matter where you find
yourself in the park, your eyes are drawn upward to the
ever-changing display of this magnificent range. Whether
blanketed in snow or sporting a canvas of green, misted
with clouds or illuminated by the sun, the Tetons will stir
your soul.
If just seeing the Tetons isn’t reason enough to get you
there, here are eight more incentives to visit this unique
and spectacular place:
Hidden Falls hike
32 May/June 2015
View from Inspiration Point
1. Hiking. Want to pretend you’re hiking to the summit
of the big dog — the Grand Teton itself? This is a hike
that warranted inclusion in “Fifty Places to Hike Before
You Die,” by Chris Santella. Head off on the Lupine
Meadows trailhead and enjoy a fairly mellow and
beautiful climb for the first three of the six hours it takes
to reach the Jackson Hole Mountain Guides’ Corbet
High Camp, phase one of the four-day climb to the peak.
It gets tough after about the third hour. But if this one
isn’t to your liking, with 238 miles of hiking trails to
choose from in the park, you won’t run out of options
any time soon.
2. Wildlife. Though it’s rare to see a bear at nearby
Yellowstone National Park these days, that’s not the
case at GTNP. In fact, next time I visit, I’m packing bear
spray. It’s highly intimidating to hike by signs announcing
“Bears in the Area” and to spot fresh bear scat on the
trail. Fortunately, however, my bear sightings thus far
have been from inside a car. You may also see bison, elk,
moose, otters, beavers, muskrats, wolves, ospreys, great
blue herons, bald eagles, pelicans and more.
3. Floats and boats. Drink in the park’s many water
views from the shore or inside a boat or inflatable
river raft. The Snake River flows through the park and
offers more of the wildlife viewing mentioned above.
Motorboats are permitted on Jenny and Jackson Lakes,
and human-powered crafts on Jenny, Jackson, Phelps,
Emma Matilda, Two Ocean, Taggart, Bradley, Bearpaw,
Leigh and String Lakes. In addition to these lakes, there
are more than 100 alpine and backcountry lakes.
4. Getting there. Part of the experience of visiting
GTNP is the act of getting yourself there. From most
points in Utah, Idaho and Wyoming, it’s an easy and
scenic drive that’s almost as beautiful as the park itself.
5. Two for the price of one. Your $25 entrance fee (for
a car) into GTNP also admits you into Yellowstone at
no extra charge — and vice versa. Motorcycles are $20;
visitors on foot or bike are $12. All entrance passes are
good for seven days.
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8275 South 1300 West - West Jordan, Utah 84088
Jenny Lake
View from Grand Teton Lodge
34 May/June 2015
See video of the boat ride on Jenny Lake in our iPad app.
Download Zions Bank Community on iTunes.
6. Jackson Hole. A trip to GTNP means you’re only
12 miles away from Jackson, Wyoming, if you enter the
park at Moose Junction. That’s a very good thing because
Jackson is a charming old west town with plenty of great
food, shopping and lodging options.
7. Laurance S. Rockefeller Preserve. Each part of the
park has its own unique charms. Colter Bay, for example,
has some of the best wildlife viewing, while the Jenny
Lake area offers access to glacially formed lakes and is
the park’s most popular destination. The Laurance S.
Rockefeller Preserve, only open to the public since 2008
and deserving of an entire story in itself, is meant to offer
visitors a quiet, contemplative experience as they explore
its eight miles of trails — the most beautiful leading to
Phelps Lake and extraordinary views of the Teton Range.
The 1,100-acre preserve was the family retreat of John
D. Rockefeller Jr. for nearly 70 years until Rockefeller’s
son Laurance donated the land to the federal government
and financed the preserve. An estimated $20 million
from Rockefeller’s estate was spent to restore the land to
its original pristine state and to erect a trail system and
visitors center. With the land alone worth approximately
$160 million, it is considered one of the most valuable
gifts in the history of the park system. According to
Laurance’s daughter, Lucy Rockefeller Waletzky, her
father believed that “wildness renews people’s spirit
and thus through the mind, body and spirit connection
also facilitates emotional and physical healing. Dad got
enormous satisfaction thinking about all those visitors
to the LSR Preserve in the years ahead that would have
this experience.”
8. Everything else: Biking, fishing, snowshoeing,
skiing, camping, scenic drives, ranger programs,
eating, shopping, boating and horseback riding are
also on the docket at GTNP. What are you waiting for?
Start packing.
LAURIE SUSAN HART
1956 - 2015
It is with tremendous sadness and gratitude that we pause to
remember the life of our friend and colleague Laurie S. Hart.
Her passing is an enormous loss for her family, friends, clients
and colleagues at Callister Nebeker & McCullough.
Laurie was a loyal advocate and counselor, fully engaged in the
needs of her clients. Laurie was the author of many articles
for the Community magazine. Despite a busy practice Laurie
found time to provide pro bono estate planning for the elderly,
first responders, and people that just needed help. Although
it was far too brief, Laurie lived a life that truly mattered and
made a difference in the lives of many. She will be missed.
Just try to keep your head down
Teton Pines Country Club invites you to enjoy a round or two of
spectacular mountain golf on your next trip to Jackson Hole.
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BUCKING
FOR THE TOP
UTAH’S WORLD CHAMPION RODEO COWBOYS
How many people can say they are the
world champion of anything? Not many,
especially since there can only be one
in any given event. What if you had a
number of them in the same family?
Then your last name would either be
Wright or Feild, two of the biggest
names in professional rodeo history.
By Jon Lamoreaux
Photos by Greg Westfall
Community Magazine 37
Spencer Wright
Spencer Wright
The Wrights
Bill and Evelyn Wright of Milford, Utah, have raised
13 children. That accomplishment alone deserves
a gigantic trophy. On top of that, six of their seven
sons compete in the Professional Rodeo Cowboys
Association’s saddle bronc riding events, and three of
them have achieved World Champion Rodeo Cowboy
status. That’s a lot of accolades for one household.
Although Bill Wright was never a world champion, he
dabbled in the sport in his younger years. This, along with
raising his kids around farming and ranching, inspired
his oldest son, Cody, to take up the sport in his teens.
Cody won the World Championship title and gold buckle
in 2008 and again in 2010. From there, sons Cal, Alex,
Jake, Jesse and Spencer followed in big brother’s footsteps:
Jake was the 2013 world runner-up; Jesse the 2012 world
champion; and Spencer is the current world champion.
“Our dad encouraged us, and we pretty much all
followed him,” says 23-year-old Spencer Wright, the
second youngest son and World Champion in saddle bronc
riding. “I don’t ever remember feeling like I wasn’t going
to (compete). There was never a question, I just lived it.”
Making History
Having so many family members compete is a rarity
for the sport. But having them excel to championship
level is historic.
38 May/June 2015
“Four brothers qualifying for the Wrangler National
Finals Rodeo in the same year? That’s never been done
in the history of the sport,” says Jim Bainbridge, senior
PR coordinator for the PRCA. “Name a sport, any sport,
where four brothers are achieving at the highest level.
There is no equivalency.” A film crew from Southern Utah
University is producing a documentary on the family’s
dynasty (the same crew already released a documentary on
Cody Wright’s quest for a title called “Born to Ride”).
The title of world champion is bestowed upon the
cowboy earning the most money in his chosen event. The
season runs from Oct. 1 to Sept. 30 with the Wrangler
National Finals taking place in Las Vegas every December.
Only the top riders are invited to the finals, where
destinies can change in a just a few days. Before going
into last year’s finals, Spencer Wright sat in 11th place.
But after an amazing run he came out of the event
victorious, claiming the gold buckle as the highest earner
of the year. It makes the more than 200 days a year spent
on the road traveling from rodeo to rodeo worth it.
There are nine events in the PRCA ranging between
two types of competitions: the rough stock events like
bull riding and the Wright’s specialty, saddle bronc
riding; and the timed events like steer wrestling and team
roping. The most dangerous is arguably bareback riding,
and Kaycee Feild from Spanish Fork, Utah, currently
dominates that event.
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in the year 2050?
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Because how we grow matters.
Visit your local Zions Bank Financial center to open a Kids Savings Account* and receive
your RSL Kids Club Coupon. Then go to realsaltlake.com/fans/kids-club and enter the promo
code printed on the coupon. Once you enter your membership information, the $5 fee will be
waived and you will become the newest member of the RSL Kids Club Presented by Zions Bank.
RSL Kids Club Benefits:
• Discount card with 15% discount to the RSL Team Store
• Signed photo of an RSL player
• Birthday card sent from Leo the Lion to each RSL Kids Club member
• Kids Club Game Nights: Kids receive a premium item by showing
their discount ID card at the booth in Carnival Real
*No minimum opening balance. No monthly maintenance fee. Kids Savings Account is available to individuals under 13 years of age who must be the primary signer. During, or any time
after the year of the primary signer’s 13th birthday, the account will be changed to a Student Savings Account. An adult signer is required on this account. Membership in RSL Kids Club
is subject to RSL terms and conditions. Zions Bank is not responsible for eligibility or membership in RSL Kids Club.
Kaycee Feild
Kaycee Feild
40 May/June 2015
Kaycee Feild
Kaycee Feild is the son of ProRodeo Hall of Famer and
five-time World Champion Lewis Feild. Kaycee credits his
dad as his mentor and hero as well as his inspiration to
continue working toward being the best bareback rider
of all time.
“No one in the history of rodeo in any event has done
what Kaycee has done by winning four National Finals
Rodeo average titles and four gold buckles in succession,”
Bainbridge says. “If he wins this year, he will tie for the
most bareback riding world titles in history with five.”
Kaycee Feild is a self-diagnosed “adrenaline junkie”
who also enjoys snowmobiling, hunting and anything else
that gets his blood pumping. When he was younger, he
raced motorcycles as well. But, he says, there’s nothing in
the world like the rush of eight seconds on the back of a
bucking bronc.
Bareback riders endure more abuse, suffer more
injuries and sustain more long-term damage than all
other rodeo cowboys. But none of that matters to Feild.
And he isn’t shy about what motivates him.
“I want kids to think ‘He rode bucks with authority,’”
says the 28-year-old Feild. “I want to be known as the
best that’s ever been, not just the best right now.”
If you can’t make it to a rodeo to see these future
legends in person, YouTube has scores of highlight videos
of Kaycee Feild and the Wright brothers. See for yourself
the athleticism and determination it takes to stare down
the dangers of rodeo competition and come out crowned
a world champion.
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SUN VALLEY
A FOUR-SEASON DESTINATION
Sun Valley, Idaho, has it all. Year-round dwellings and celebrities’ second homes. Big-city glam
and small-town hospitality. Outdoor recreation aplenty and professional cultural events for all.
The resort town, with an official population of only 1,408 people adjacent to Ketchum’s town of
2,706, attracts thousands of visitors each year from across the United States and around the
world who come to ski or to enjoy a summer vacation.
By Breanna Olaveson
Photos by Kevin Kiernan
42 May/June 2015
Photo by Kevin Syms,
photo courtesy of Sun Valley Resort
Community Magazine 43
And the weather’s not bad, either. Sun Valley enjoys
approximately 270 days of sunshine per year and
boasts clear skies at night, thanks in part to the city’s
Night Sky ordinance.
“Commercial and residential lights have to shine
down, not into the sky,” says Sun Valley Mayor Dewayne
Briscoe. “It results in very little light pollution. Visitors
are surprised by how well they can see the stars.”
But as incredible as the nighttime views are, visitors to
Sun Valley may also catch a glimpse of a different type of
star. The rural Idaho town has a rich Hollywood history
and hosts an up-and-coming film festival that brings
screenwriters, directors, producers and actors to Sun
Valley every spring.
A Rich History
Sun Valley gained national recognition in the 1930s
when several Hollywood actors and actresses visited
the exclusive resort. Around that same time, the
Harriman Cup ski race (known initially as the Sun Valley
International Open) brought worldwide attention to the
area as a winter sports destination.
“Sun Valley was really built by a public relations
genius who brought celebrities here in the 1930s and
took photos of them skiing under a winter sun having a
very pleasant experience,” says Candice Pate, director of
the Sun Valley Film Festival. “Those images ran in huge
magazines of the time.”
And it wasn’t just Hollywood celebrities who fell
in love with Sun Valley. American author Ernest
Hemingway wrote a large portion of “For Whom the
Bell Tolls” in Sun Valley in 1939. The room where he
worked, No. 206 in the Sun Valley Lodge, is a popular
tourist stop. Today, several actors and actresses —
not to mention professors, doctors, authors, business
professionals, lawyers and more — have second homes in
Sun Valley.
World-class Winter Sports
Mayor Briscoe first visited Sun Valley as a teenager.
He and other members of his high school ski team came
from Seattle to Sun Valley over the winter holiday to
prepare for the Junior National Downhill ski race. They
were enamored with their experience.
“The members of our ski team all fell in love with Sun
Valley,” Briscoe says. “We vowed to have homes in Sun
Valley when we retired. There were about a dozen of us
on the trip. Six of us kept our promise.”
That’s the kind of impression Sun Valley has on people.
“It was the climate, the beautiful sunshine, the
powdery snow, the small-town character of the town, the
lore, the history and the glamour of Sun Valley,” Briscoe
says. “It was all very attractive to us.”
Sun Valley is a world-class, internationally recognized
ski resort that is designated by the Olympic Association
as a training area for Nordic skiing. But though Sun
Valley is a snow sports hotspot, winter isn’t the busiest
time of year for the resort.
44 May/June 2015
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Actor Bill Paxton captivated the audience
with anecdotes about filming “Apollo 13”
and exploring the remains of the Titanic
with director James Cameron.
Olympic pool at Sun Valley Resort
SUN VALLEY FILM FESTIVAL
Bike path
Summer Lovin’
Idaho’s clean air, clear skies, cool nights and abundant
wilderness make Sun Valley a popular destination in the
spring, summer and fall, too.
“We’re more than just a ski resort,” says Jack Sibbach,
director of marketing and public relations at Sun Valley
Resort. “We’re a four-season destination resort. We
actually do more business in the summer, in terms of
occupancy, in July and August.”
Summer visitors can enjoy the resort’s 17 tennis courts,
45 holes of golf and three heated swimming pools. The area
also offers options for horseback riding, skeet shooting,
year-round ice skating, shopping and dining. More than
40 miles of biking trails surround the area and a summer
symphony performs free evening concerts in August.
“It’s interesting,” Sibbach says. “You can go out and be
in the wilderness during the day, then come back and hear
a symphony in a world-class outdoor pavilion at night.
You have a great diversity and variety of activities here.”
The Sun Valley Lodge is currently undergoing
renovations and is scheduled to reopen in June 2015.
The project will include refurbished guest rooms and an
updated lobby and restaurant. Other guest amenities will
also be improved.
46 May/June 2015
Hollywood glamour and celebrity appeal have been part of Sun Valley’s
history for nearly a century. The Sun Valley Film Festival carries on that
heritage by bringing filmmakers to southern Idaho each spring for the last
four years and counting.
The festival features an eclectic mix of films from a variety of genres and
filmmakers. It is gaining a strong reputation among filmmakers and offers
attendees and industry professionals a more intimate experience than that
at other festivals.
“A lot of larger film festivals have an unspoken agreement that the
attendees never interact with the talent,” says Candice Pate, director of
the Sun Valley Film Festival. “But because of the size and scale of our film
festival, you might end up at dinner in the same restaurant as Bruce Dern
or run into Jodie Foster at the supermarket.”
The film festival is a strong economic force in the area. Sun Valley Economic
Development estimated that the festival brought in $1.3 million in direct and
indirect economic impact in its first year. That number jumped to $3.4 million in
its second year and surpassed $4.5 million in its third.
“These people come to town, see movies, go to dinner, buy some stuff, hit the
mountain and stay in hotels,” Pate says. “We have anecdotal evidence of people
who came to the film festival and then came back and bought a second home.
Once we can get people here, they tend to be hooked.”
The film festival treats its premium pass holders especially well, but you
don’t actually have to buy a ticket to enjoy the festival.
“One of the crown jewels of the film festival is our Coffee Talks,” Pate says of
the popular feature presented by Zions Bank. “Every morning a different coffee
outlet provides free coffee to the people who come for thoughtful conversations
with industry talent. We try to find the right thoughtful speakers and put it out
there for free for everyone. We want to extend our reach beyond those who are
buying tickets and into the
general community.”
The speakers at Coffee
Talks have included notable
film industry influencers
like Jodie Foster, Mariel
Hemingway, Bruce Dern
and Bill Paxton.
Zions Bank’s Tracy Groll (right)
presents Zions Bank’s Gem
State Award to Gregory Bayne
and Christian Lybrook for their
series pilot, “Zero Point.”
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Seattle Ridge at Sun Valley Resort
Photo courtesy of Sun Valley Resort
The renovations include an adjoining 20,000-squarefoot, full-service spa and salon that will be added to the
lodge. This area will offer resort guests access to relaxing
treatments, health and wellness activities, salon services,
and more. There will be 15 private treatment rooms,
large locker rooms, steam and sauna facilities, relaxation
lounges, a yoga studio, and a large fitness facility.
The lodge is closed until the opening, but Sun Valley
Resort is open during construction.
Work Hard, Play Hard
Sun Valley Salon and Day Spa
Photo courtesy of Sun Valley Resort
48 May/June 2015
The Sun Valley Resort ski lifts are open in the summer
for hiking, biking and sightseeing. Many of the people
who visit during this time are convention attendees and
their families.
“People come for meetings, so we work with the
meeting planners to coordinate activities for them
and their families,” Sibbach says. “We’ll get them out
horseback riding or in the pool or doing other activities.”
The Sun Valley Film Festival also draws many people
to the area in the early spring, bringing some of new
Hollywood to the old Hollywood town. The film festival
began in 2012 and is growing steadily each year.
“The new generation of people from the film industry
who are coming here are taking note of the Sun Valley
Film Festival, and they’re enjoying the area,” Briscoe says.
And if the past is any indicator of the future, they’ll
be back.
Eeva Turzian
[email protected]
208.720.6906
Honest. Knowledgeable. Creative.
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sunvalleysir.com
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EYE
CARE 4
KIDS
OPTICIAN SHARES
VISION WITH NEEDY KIDS
When optician Joseph Carbone witnesses a vision-impaired child put
on a pair of glasses for the first time, he means it when he says: “I know
exactly how they feel.”
The son of Italian immigrants, Carbone desperately needed glasses as
a child. But his parents were working three to four jobs between them
just to make ends meet and couldn’t afford to buy their son glasses.
Unable to see the chalkboard, Carbone struggled at school in Queens,
New York, until he finally got his first pair of glasses as a teenager.
By Amelia Nielson-Stowell
Photos courtesy of Eye Care 4 Kids
Community Magazine 51
“I know the need. It is so difficult for a child who
doesn’t know what they are supposed to see,” Carbone
says, who ran his own vision practice, The Eye Doctor,
for 25 years in Sandy, Utah. He frequently saw kids
whose families couldn’t afford glasses. And he wanted
to help. With wife Jan and local therapist Dee Hadley as
founding partners, the trio incorporated the Eye Care 4
Kids nonprofit in 2001.
From 20 to 100,000 Kids Helped
Joseph Carbone
“I thought, ‘If I can help 20 kids a year, we’ll be doing
our job, and that would be great,’” Carbone says. But in
2006, he decided helping kids get glasses was his calling
and he needed to do it full time. With a lot of faith and
hope, the Carbones closed their business, took out a
second mortgage on their home and put all their efforts
into Eye Care 4 Kids. In the 14 years since its founding,
EC4K has given almost 100,000 pairs of glasses to
patients in Utah and Nevada. Joseph and Jan, parents to
nine children, call EC4K their 10th child.
“This is not just about giving kids glasses. This
is a reading program, this is education, this is
comprehension,” Carbone says. “We’re giving kids a
chance to be anything they want to become.”
Helping Kids See the Future
Joseph Carbone
Today, EC4K centers operations in Midvale, Utah, and
Las Vegas. Mobile clinics, dubbed SEE-MORE units,
travel to schools, churches and Navajo reservations,
performing vision screenings and giving glasses free of
charge to needy kids. Through the help of sponsors and
donations, EC4K even operates three school-based vision
clinics in Nevada.
Carbone describes a particularly moving experience at
the opening of the first school-based clinic in Las Vegas.
The first patient was a young boy getting an eye exam
with his mother at his side. When they walked out of the
exam room — new glasses perched on the boy’s nose —
the mother grabbed Carbone’s hand and, through tears
said, “At school, they told me my son was slow. All he
needed was glasses because he couldn’t see the teacher.”
Optician on a Mission
Those daily miracles have captured the attention of
major media outlets. In 2014, EC4K was featured in a
“Heroes Among Us” spread in People magazine, on a
segment on “The Dr. Oz Show” and on a NBC Nightly
News piece during which reporter Harry Smith described
Carbone as the “optician on a mission.”
Future plans include a new clinic in Newark, New Jersey,
opening this summer in conjunction with the Boys and Girls
Club, and an international humanitarian trip to India.
“Hopefully, before I die, not only can I say I helped
100,000 kids, but I can say 1 million kids were served,”
Carbone says.
52 May/June 2015
Welcome to the Neighborhood!
Impact Hub is a collaborative coworking community & events space for
Salt Lake’s entrepreneurs, community leaders, and freelance professionals.
Members work on projects ranging from sustainable foods businesses and
political magazines to scaleable tech ventures and civic leadership initiatives.
downtownrising.com
Todd Hunzeker
The Family Deal
Three grandkids visit the showroom floor in Soda
Springs, Idaho, almost every day. His youngest son, Trent,
handles their Internet business and inventory. His older
son, Dee, manages the store in Preston, Idaho. Hunzeker’s
wife keeps track of all their businesses, which include
two dealerships, a used car lot, an auto detail shop, an
insurance agency and a business management company.
“My wife likes me to have a lot of jobs so I stay out of
trouble,” he says. “It works pretty well actually.”
Hunzeker grew up in Montpelier, Idaho. He sold cars
for Larry H. Miller in Arizona for five years, but he knew
he wanted to end up back in a small town. He and his
wife, Kim, chose Soda Springs, Idaho, just 30 miles from
Hunzeker’s birthplace.
“We wanted to raise our two sons in a small town,” he
says. “We all live about three blocks apart. It’s really fun.”
The Car Deal
A Family Truck Kind of Guy
There are two pictures of Todd Hunzeker on his dealership’s website. One
is of him and his dog, Belle, also known as the company mascot. The other
is of Hunzeker with his family, also known as the reason he sells cars.
“The thing my wife and I like about being in the car business is we can keep
our family close together,” says Hunzeker, owner of Hunzeker Ford. “I just don’t
think there’s any joy like bringing your kids up in your own business.”
By Kris Millgate
Photo by Kevin Kiernan
54 May/June 2015
The Hunzekers bought a Soda Springs Chevy dealership
in 1991. They’ve sold Chevrolets, Oldsmobiles, Buicks and
Geos. Their current automaker of choice is Ford.
“I think the new F-150 is going to change the entire car
industry,” Hunzeker says. “It’s made of aluminum and
is 700 pounds lighter than last year’s truck. It takes off
faster, stops better and just changes everything.”
Hunzeker’s dealership operations have evolved with
vehicle technology, but he pushes back a bit with new
selling systems. He says online car shopping lacks an
honest needs assessment. Hunzeker’s preferred approach
to selling cars is face-to-face.
“I am a bit nervous that the Internet is taking away the
human touch of getting to know the customer,” he says.
“An automobile is something you count on every day.
I think we’re better at sitting down with customers and
finding out what they use a car for every day and making
sure the car does what it is supposed to do.”
His personal approach works. He started with 11
employees in 1991. Now he has 48. He sold 500 cars in
his first year as a dealership owner. Now he and his staff
average 2,600 vehicle sales annually. Not bad for a family
business with a dog named Belle as its mascot.
“The fact that my family works with me every day, that’s
by far the most important thing,” he says. “I hope I can
work until I’m 90. I could never comprehend not working.”
Sandy Amphitheater 2015
SEASON
5/30
6/5
6/10
6/17
6/18
6/20
6/24
7/8
7/10
7/11
7/17
7/18
Hotel California
Ryan Shupe and the RubberBand
Doobie Brothers
American West Symphony & Chorus - FFA
Diamond Rio
Sinbad
Gordon Lightfoot - 50 Years on the Carefree Highway
International Folk Festival - FFA
Taylor Dayne
Arrival
America’s Music & Dance Our Nation’s Gift to the Arts
One Voice Children’s Choir
Peter Breinholt * David Osmond * Jessie Funk * April Meservy * The National Parks
8/7-15
8/19
8/24
8/26
8/28
Shrek the Musical
Laughing Stock Improv Comedy - FFA
Weird Al Yankovic - The Mandatory World Tour
Chris Isaak
Colbie Caillat & Christina Perri
The Girls Night Out, Boys Can Come Too Tour
9/8
9/9
9/11
9/12
Defending the Caveman
Silent Movie Night - MIP/FFA
LeAnn Rimes
Rock of the 70s - 7:30pm Start
The Guess Who * Firefall * Orleans * Al Stewart
Available at all Smith’sTix Outlets
sandyarts.com/amph or 1.800.888.TIXX
Tickets on sale now!
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Rock
OF THE
70s
For a complete schedule visit us online
www.sandyarts.com
Val Hale
“My schedule is booked from morning to night,” says
the father of three. “I’m meeting the coolest people, seeing
the most amazing companies and going to fun meetings
like the governor’s cabinet meeting. I got to tour the new
National Security Agency facility (in Utah) and introduce
a movie and meet celebrities at the Sundance Film Festival.
During the legislative session, I was often on Capitol Hill.”
Enjoying His Pressure-filled Life
It’s undoubtedly his positive outlook on life that
allows him to enjoy a job others would find highly
stressful. In fact, just before the press conference last
July during which Gov. Gary Herbert announced Hale’s
appointment, he sat Hale down. “Utah is No. 1 in the
nation in business and you need to keep us there,”
Herbert said in no uncertain terms.
Instead of withering under the pressure, Hale says he’d
probably be bored if he didn’t have a job like this. Early in
his career he would have been more intimidated, he admits.
But he learned plenty about working under fire during his
22 years in Brigham Young University’s athletic department,
where he eventually became the athletic director.
Keeping Utah at No. 1
Newest Head of GOED Upbeat About
Utah’s Economic Future and Life
Upbeat and positive is how Val Hale describes himself.
“But no, I wouldn’t call myself an extrovert,” he says. “I’m not the type of
person who lights up the room.” And yet, as the new executive director
of the Utah Governor’s Office of Economic Development, he has a very
extroverted job.
By Gail Newbold
Photo by Kevin Kiernan
56 May/June 2015
“Without a doubt that was my most stressful job,” he
says. “Your whole career is dependent on 18-, 19- and
20-year-old kids playing well. It’s a great job if they’re
winning and a lousy one if they’re not.” Other jobs held
by Hale include two years as president and CEO of the
Utah Valley Chamber of Commerce and seven years with
Utah Valley University in various roles including vice
president for university relations.
How likely it is that Hale will live up to Gov. Herbert’s
edict? “There are only a couple of things that could really
mess us up,” he says. “One is if our government officials
change the formula that’s been working so well for us —
that’s put our state at the top of the heap in having the best
environment to start, grow and prosper a business. The
other is if we can’t adequately develop our workforce so we
have enough qualified employees for businesses to grow.
This latter is a national problem, not just a Utah problem.”
If You’re Not Having Fun, Something’s Wrong
Given Hale’s optimism and willingness to work hard,
it’s hard to imagine him not succeeding. “I love life, and I
love coming to work every day,” he says. “I really believe
being surrounded by positive energy is the best way to do
business, so through my career that’s the way I’ve been. If
you’re not having fun, then something’s wrong.”
He’s nearly finished writing a book on his philosophies
on how to live a fulfilling life, soon to be published by
Cedar Fort. “It goes back to a talk I heard in college
by (then LDS Church President) Ezra Taft Benson who
quoted this phrase: ‘Happy is the man who’s found his
work, his worship and his wife and loves all three.’”
Congratulations to the 2015 Winners
Lifetime Achievement Award
Dr. Carl T. Wittwer
Co-Founder of BioFire
Medical director of ARUP
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Stephen R. Carter
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ExpressTech International
ASponsors:
SSSEvent
www.utahgenius.com
Trainer Zone
Fitness
Tom Vidal
Photos by Kevin Kiernan
After a successful career in the Marines, Tom Vidal was happy to return
to civilian life. Things were going well with his wife and three kids and
his career as an ad executive — until he got stressed and found himself
falling into bad habits, like picking up an extra 40 pounds. That’s when
he hired a personal trainer and watched his military training kick back
in. It was such a life-changing experience that he became a certified
personal trainer and is continuing to pay it forward with his business —
Trainer Zone Fitness in Sandy, Utah.
Speaking on Business
Hosted by Chris Redgrave
See www.speakingonbusiness.com for radio listings
58 May/June 2015
Vidal says going back to the basics makes the biggest
impact on a person’s health and fitness. So Vidal focuses
on strengthening the body’s natural movements. This
includes push/pull, bend/twist, lunge/squat and gait.
Focusing on these moves provides better flexibility and
mobility of the joints. This approach has worked well.
Vidal recently helped a golfer strengthen her body and
core enough to lengthen her drive by 15 yards after a few
months of training.
Now in its second year of operation, Trainer Zone
Fitness clients span all ages, ranges and fitness levels. But
Vidal also works with rehab patients who have finished
their physical therapy. If he has any concerns, Vidal
speaks to the therapist to discuss a client’s limitations,
and then works within those limits.
Vidal is so dedicated to his profession that he brought
his friend, Casey Fullmer, on board as his first client and
trained him free of charge to help him through a major
life transition. Over the course of 15 months, Fullmer
lost 215 pounds and continues his healthy journey today.
Fullmer is now a trainer at Trainer Zone Fitness and was
recently featured on several news outlets because of his
incredible weight loss.
Vidal explains that lasting weight loss must become a
change in lifestyle. You have to look at your relationship
with food and daily routines to figure out how to make
long-term changes.
Trainer Zone Fitness
201 W. Cottage Ave.
Sandy, UT 84070
951-226-5044
www.trainerzonefitness.com
See video of Tom Vidal
demonstrating the
curved wall in our
iPad app. Download
Zions Bank Community
on iTunes.
Wasatch
Bike Park
Spencer Randle
Photos by Kevin Kiernan
Just over 10 years ago, the world’s first indoor bike park opened in
Cleveland, Ohio, allowing dedicated cyclists to enjoy their sport year-round.
Spencer Randle, a captain in the National Guard and a long-time cycling
enthusiast, took note of the park. With Utah’s dedicated outdoor culture,
he felt an indoor bike park would be a great fit. Last fall his vision came to
pass when Wasatch Bike Park opened its doors.
Speaking on Business
Hosted by Chris Redgrave
See www.speakingonbusiness.com for radio listings
Download Zions Bank
Community on iTunes to
watch a fun video of riders
at the bike park and to
receive a coupon for $4
off the park entrance fee.
60 May/June 2015
Wasatch Bike Park is Utah’s first indoor mountain bike
and BMX park, catering to all skill levels and abilities. It
features 27,000 feet of riding space, a pump track and skills
room, as well as retail sales, bike and equipment rentals,
and a full-service repair shop. In December, the company
also opened an 11,500-square-foot jump room, designed
for intermediate and advanced riders. It also includes Utah’s
first and only indoor airbag, allowing riders and performers
to try new tricks in a safer environment.
Owner of this veteran-owned business, Randle has
been in the National Guard for 10 years and has a
master’s degree in strategic communications from the
University of Utah.
He says the response to Wasatch Bike Park has been great
so far. Due to high demand, hours have been expanded. The
park is now open until 10 p.m. Tuesday through Saturday
and till 6 p.m. on Sunday. All levels of cyclists, including
hardcore bikers, have embraced the park and its popularity
has been spreading through word of mouth.
Randle works hard to keep pricing at a level so
anyone, including families, can enjoy the park without
breaking their budget. He is also working on developing
summer camps taught by pro mountain bike and BMX
riders. Follow Wasatch Bike Park on Facebook or online
at wasatchbikepark.com and check it out for yourself.
Wasatch Bike Park
815 W. 2400 South
South Salt Lake, City, UT 84119
801-386-7665
www.wasatchbikepark.com
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The Spark
Behind Cache
Valley Electric
In His Grandfather’s Shoes
“I try to put myself in my grandfather’s shoes,
hedging his bets to see what would work,” Laub says.
“It’s an irony to still be experimenting with new fields.
We’ve made Cache Valley Electric one of the most
technologically advanced electrical contractors in the
United States.”
Ironic or not, strong values were carried down from
generation to generation in the Laub family. Laub’s
grandfather and father both put emphasis on taking care
of the customer and their own employees.
“The best part of a family business is the tradition,”
Laub explains. “People throughout the state know Cache
Valley Electric. There’s a lot of pride, not only for me but
also for our employees.”
Working With Family a Challenge
Jim Laub
100 Years in Business
Hitting 100 years in business is impressive. But for an expanding family
business, it’s an even bigger feat.
Always on the cusp of new technology, Cache Valley Electric started out
selling appliances and automobile parts (a brand new industry at the time)
along with electric services. One hundred years later, third-generation
President and CEO Jim Laub keeps the company charging ahead.
By Miriam Shumway Photos by John Zsiray/The Logan Herald Journal
62 May/June 2015
The past 100 years wasn’t all play and no work
for CVE. Working with family brings a number of
challenges. Laub notes family businesses are hard to run
when there are too many people with the same last name,
admitting he’s been through a lot of ups and downs with
internal strife in the family.
“I read those feel-good stories of companies, 15
people all with the same last name. I don’t believe any
of that. It’s a challenge,” Laub says. “Construction is a
tough business to start with — then add all the personal
involvement and it makes it even tougher.”
But the Laub family has managed to stay on top. Laub’s
two sons, Mark and Eric, are following in the footsteps of
their great-grandfather, grandfather and father. Jim Laub is
clear his sons won’t receive a position unless they’ve earned
their stripes. Just as his father did, Mark Laub, 28, started
learning the family business as a teen, working in the field
and learning about divisions of the company. Jim Laub’s
second and youngest son, Eric Laub, 17, helps out in the
shop between his high school courses and sports practices.
Continuing the Legacy
“I’ve learned from being out in the field,” Mark Laub
says. “It’s neat seeing something come from a pile of dirt
into a completed project and all the coordination it takes.
I became close with the guys out in the trenches working
rain or shine. They are one of the strongest points in our
company, and I have all the respect in the world for them.”
With that perspective, Mark is climbing in the
company as he focuses on using technology to correct
the weaknesses he experienced in the field. He admits
he loses a bit of sleep over potentially taking over, but
firmly states all he wants is the success of the company —
whether he is the next CEO or not.
“My heart is here. It’s in my blood. As a child, I always
got a kick out of riding in the track hoes or cranes,” he says.
“I’ve never thought of anything else beyond Cache Valley.”
FOR 100 YEARS,
WE’VE HAD
THE POWER,
THE PEOPLE,
THE EXPERIENCE,
AND
THE TECHNOLOGY.
Established in 1915, Cache Valley Electric has remained on the forefront of large project building and design by
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looking forward to the future, ready to fulfill any and all client needs. cve.com
Corporate Office - Logan, UT
Salt Lake City, UT
435.752.6405
801.908.6666
Additional offices located in Oregon, Texas and Arkansas
“In my opinion, VA loans are the best loans on the
planet,” says Jeremy Lowry, senior vice president and
manager of Home Financing for Zions Bank. “They
provide a lot of great benefits for those in the military.”
VA loans guarantee a portion of the mortgage,
which means lenders, like Zions Bank, can provide
eligible military personnel and veterans more favorable
borrowing terms.
VA loans can be used to purchase a home or
condominium or to simultaneously purchase and improve
a home. The loan must be for a primary residence but is
not limited to first-time homebuyers. The benefits can be
reused and VA loans are assumable.
“This is a benefit of being a veteran. It’s a benefit the
military offers. But frankly, a lot of people don’t know
about this benefit or take advantage of it,” Lowry says.
Benefits of VA Loans
The main benefit of a VA loan is the cost savings. Not
only does a VA loan offer a competitive interest rate but
there is no requirement for mortgage insurance — thus
reducing the required monthly payment.
As long as the sales price does not exceed the appraised
value, there is also no down payment required. There
may be an upfront guarantee fee required, but that fee
may be waived for some applicants and is often paid by a
seller or rolled into the loan.
The loans also limit the amount charged for closing
costs and prohibit lenders from charging a penalty for
early payoff. Credit score and debt-to-ratio requirements
are also more lenient than with other types of loans.
“A VA loan often requires no money out of pocket,
which is something that doesn’t exist for most mortgage
consumers. This is the best 100 percent loan-to-value
program out there,” Lowry says.
Eligibility
VA Mortgages
Home Loan Program for Military
Personnel Has Great Benefits
Men and women of the military sacrifice significantly for the freedom and
security enjoyed daily by every homeowner in America.
In an effort to help active military personnel, veterans and their eligible
surviving spouses experience these same benefits, the U.S. Department
of Veteran Affairs offers them a home loan program that makes home
ownership more attainable and affordable.
By James Rayburn
64 May/June 2015
VA loans are available to members of every military
branch. Eligibility differs depending on the years and
length of service. Most veterans who served prior to 1981
must have at least 90 days of continuous service. Most
who served after 1981 need two years of continuous
service. Those currently on active duty, in the National
Guard or in a reserve unit with 90 continuous days of
active service are also eligible.
“The VA has certain criteria that applicants have to meet
to obtain a certificate of eligibility, but many who have
served or who are serving will likely qualify,” Lowry says.
Protections
The VA runs a tight lending ship as far as protecting
borrowers from a bad deal. Any home being purchased
with a VA loan must be appraised or inspected by
someone who is VA approved.
“Protecting a homebuyer is never a bad thing,”
Lowry says.
For more information on VA loans, contact a mortgage
lending officer at any Zions Bank financial center.
Owning a home is your dream.
And that dream is different for everyone.
Whether you’re buying a first home, building a second or simply
adding a little more space, Zions Bank has money to lend. We offer
a broad range of first purchase, construction and home equity loans
at competitive rates.
Visit a Home Mortgage professional at your Zions Bank, or go to
zionsbank.com to learn more.
Loans subject to credit approval. Restrictions apply. NMLS# 467014
Help Make Utah
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For you and your business
* Points may be redeemed against any qualified purchase. Purchases must be redeemed within 90 days of purchase date and you must have at least 2,500 points to redeem. Account
must be in good standing. AmaZing Rewards program limitations apply. Credit cards are subject to credit approval. Terms and conditions apply. Visit your local financial center or go to
www.zionsbank.com for details.
Seventy percent of Americans would prefer to use a
vet-owned business, according to research by the National
Veteran Owned Business Association, but only 7.2 percent
of small businesses in Utah are owned by a veteran.
“If people prefer to use one entity over another entity
at such a high rate, why would you not do everything you
could to make that entity successful? It just makes sense
in this economy,” says Brian Garrett, senior vice president
and director of Zions Bank’s military relations program.
Utah Initiative Helps Local Vets
Zions Bank is one of the founding partners of the
UVOBP, and Garrett chairs the initiative. Garrett notes
that he purposefully began training at Trainer Zone
Fitness because the owner is a former Marine. Today,
owner Tom Vidal is using UVOBP resources for a future
expansion of his Sandy location (see article on p. 58).
“A lot of times, veterans are misrepresented in the
business world. People have this misconception that
veterans get out and become government contractors,”
Vidal says. “Now I have a job where I’m helping people
change their lives, and that’s what matters.”
The skills service members acquire while serving their
country make them great small business owners, Garrett
adds. He says they operate their businesses with impeccable
discipline and ethics, values cultivated in the military.
Transitioning to Civilian Life
STATE, COUNTY, BUSINESS
GROUPS SUPPORT UTAH’S
‘Vetrepreneurs’
Various state and county organizations have teamed up to help a unique
kind of business owner — the vetrepreneur.
Utah veterans who own or want to start their own business can
now take advantage of resources like financial counseling, education,
marketing and budgeting provided through the Utah Veteran Owned
Business Partnership.
By Amelia Nielson-Stowell
70 May/June 2015
Spencer Randle, owner of Wasatch Bike Park
in South Salt Lake and a member of the National
Guard, deliberately organized his business so he could
transition between civilian and military life. The popular
27,000-square-foot park, one of only seven indoor bike
parks in the country, was a dream of Randle’s for years
(see article on p. 60).
“I had been trying to get the business open for so
long,” says Randle, an avid mountain biker. “When I
started this process three years ago, I was so naive; I
didn’t even know where to look. I searched Google.”
Randle was one of the first veterans to receive support
from UVOBP. He officially opened his business in fall
2014, and local dignitaries later officially launched
UVOBP at Wasatch Indoor Bike Park.
Government Support
“Our veterans play an important role in our economy,”
Utah Gov. Gary R. Herbert said in a statement. “Helping
those who have served our country come together to help
one another succeed in business is good for them and
good for our economy. This is a true win-win situation.”
A new website, veterans.utah.gov/veteran-businessresource-page, is a one-stop-shop for current and
potential veteran business owners. They can use the site
to build their businesses and connect to initiative partners
including the Utah Department of Veteran and Military
Affairs, Governor’s Office of Economic Development,
Small Business Administration, Salt Lake County, Salt
Lake Chamber, Zions Bank, and American Express.
WE SERVE THE MILITARY WHO SERVE AMERICA
MILITARY BANKING
In the field you serve with loyalty, honesty and commitment. You should expect the same from your bank. Zions
Bank is proud to offer value-added military banking products and services. It’s our way of saying thank you for
the amazing service you provide to our country.
For more information, visit any Zions Bank financial center;
call Military Banking Customer Service at 888-673-3380; Military Lending at
800-510-4598; or visit zionsbank.com/military.
Blawn
Mountain
Project
Mining Development That Benefits
Your Kids and Your Kitchen Table
When we think of mines, we generally think of dark, dangerous tunnels
supported by wooden beams and ready to collapse on our heads. We think
of dirty men digging for coal or metal ores.
Would it surprise you to know that there’s a mine under development
that will actually help put food on your table? And it could improve your
quality of life — even if you never lay eyes on it.
By Jonathan Richards
Photos courtesy of
Blawn Mountain Project
72 May/June 2015
The Blawn Mountain Project
The Blawn Mountain Project is such a mine. Located
in the southern Wah Wah Mountains of Beaver County
about 30 miles from Milford, Utah, it’s designed to pull
sulphate of potash or SOP from the ground through a
safe, established process.
SOP is a premium form of fertilizer that increases crop
yield, improves its taste and shelf life, and enhances its
quality. What’s more, some crops (like nuts, citrus fruits
and coffee) can’t be effectively fertilized with substitutes
over time. Byproducts of lower-quality potash build up in
the soil, poisoning crops and reducing yields.
Existing global production of SOP is insufficient to
meet demand. The Blawn Mountain Project stands to
increase global supply of SOP by around 13 percent, and
that means more high-quality fruits, vegetables and nuts
for your kitchen table. And according to the developer
of the project, Potash Ridge Corp., there are “no known
adverse environmental issues.”
Additional Benefits
The benefits of this project don’t end in the supermarket,
however. The mine itself will provide jobs to a historically
underserved area of Utah, boosting the local economy.
And add an estimated 3,100 direct and indirect jobs
throughout the state during the production lifecycle and
more than double that during construction. Many of these
jobs will be in the mining and construction industries,
which are struggling employment sectors in recent years
and could particularly use the boost.
Additionally, the project will add more than $28 million
in royalty revenue to fund the public education system.
Potash Ridge Corp. will lease the land from the School
and Institutional Trust Lands Administration and pay a
royalty. That money will go back into Utah’s school system
to benefit children across the state, increasing SITLA’s
annual revenue by 25 percent or so.
Ross Phillips, chief operating officer of Potash Ridge,
says, “The development of the Blawn Mountain Project
has greatly benefited from the business- and miningfriendly climate in the area. We are very proud of our
positive relationships with Utah stakeholders at the state,
county and local levels. We remain committed to the
responsible development of the Blawn Mountain Project
for the benefit of all stakeholders.”
What’s Next?
The next step is to organize financing for the project
and then conduct a feasibility study. Assuming financing
can be obtained and the results of the study are positive,
Potash Ridge will begin construction. Following
construction, an estimated 40 years or more of resource
reserves mean decades of improved economic prosperity
for Southern Utah and better funding for schools across
the state — not to mention better availability of highquality fertilizer to help farmers grow more fruits,
vegetables and other crops.
Potash Ridge Corporation is a publicly traded company and is
currently organizing financing for its next round of investment
in the Blawn Mountain Project. This article was written for
informational purposes only and may contain forward-looking
statements not given as guarantees of future performance nor
intended as investment advice. The author has no position in
Potash Ridge Corporation and received no remuneration from
the company in connection with this article.
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MotoTrax’s innovation converts a dirt bike
into one that can ride on snow.
Photo courtesy of MotoTrax
“We redid our presentation pretty drastically at that point
and kept practicing our presentation ability. I’m not exactly
sure what happened, but somewhere between rounds two
and three we found our motivation,” Gentry says.
That newfound motivation netted MotoTrax the
$40,000 grand prize, provided a valuable learning
experience and proved any doubters dead wrong.
“When we started, nobody thought we were going to
win,” Gentry says. “Everybody thought we would leave
after the first round of the competition. Overall, we learned
a lot at the competition; more than I’ve actually learned
through my three years of college and 24 years of life.”
Mike Winder, vice president of community development
and director of Zions Bank’s entrepreneurship programs,
says, “Zions Bank was honored to back the first-ever
Idaho Entrepreneur Challenge Series. We hope that the
prize money and resources from this annual event result in
many successful new businesses.”
Making Dirt Biking a Year-round Experience
Zions Bank President and CEO Scott Anderson helped present the grand prize to Zak Garrett, Tallie Gentry and
Randy Gentry of MotoTrax with U.S. Senator Jim Risch, BSU Business School Dean Ken Petersen and Kent
Neupert, director of the Center for Entrepreneurship at BSU. Photo courtesy of BSU
MotoTrax Wins
Idaho Entrepreneur
Challenge
Zions Bank Sponsors Student Competition
Life is about trying and failing. Failure is a part of human experience that,
while incredibly excruciating at times, can lead to a stronger, better self.
For MotoTrax founders and partners Randy Gentry, Zak Garrett and
Tallie Gentry from the University of Idaho, trying and failing in the Idaho
Entrepreneur Challenge early rounds is what ultimately led them to victory.
By Chris Rawle
74 May/June 2015
“We pitched four times,” Randy Gentry says. “The
first time we pitched, it was miserable. The judges
criticized us pretty heavily on our presentation skills.
After that first round, we went back to the hotel and
decided we had to change our tactics completely if we
wanted to place well in the competition.”
Out of the wreckage of that first pitch emerged
a newer, more confident version of MotoTrax — a
revolutionary suspension system that allows dirt bikers
to replace the wheels of their bike with snowmobile-like
tracks, enabling ventures through snow and ice.
Don’t ever tell a dirt biker that snowmobiling is
an effective substitute — they won’t agree with you.
MotoTrax designed a system that allows dirt bikers to
forgo their usual winter hibernation.
“We build and engineer track systems that go on
dirt bikes, essentially turning them into single-ski
snowmobiles,” Gentry says. “If you’ve ever met a dirt
bike rider, they hate winter. A snowmobile is not even
remotely the same as a dirt bike, so we want to extend
the dirt bike experience year-round.” This means no
more long, lonely winters spent yearning for the warm
embrace of summer — MotoTrax empowers dirt bikers
to pursue their hobby regardless of weather.
The launch date for the MotoTrax unit is projected for
this fall, with full production expected in 2016.
What do the founders plan to do with their winnings?
“We’re investing 100 percent of the money back into
the company,” Gentry says.
Other Idaho Entrepreneur Challenge Winners
Best Business Model: Vivid Roots, Boise State
University. A lifestyle apparel company that donates
20 percent of its gross profits to provide clean water to
third-world communities.
Idaho Rising Entrepreneur Award: Realtime Adventure
Data, Boise State University. Working on the creation of a
safety-first snow density and stability reader.
Idea Competition Winner: Rubicon Sensors, University
of Idaho. Providing a cost-effective and accurate method
to detect erosion at anytime.
Best in Trade Show: Realtime Adventure Data
Best Elevator Pitch: Vivid Roots
Chris Rawle reports for Beehive Startups, an online news
organization that covers startup and tech ecosystem news
in Utah. Visit beehivestartups.com.
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or contact [email protected]
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feature and leisure guide
dining
The Garden Restaurant
Built on the location of the Starlight Gardens, The Garden Restaurant
retains the charm of that historic open-air restaurant with Corinthian
columns and a retractable glass roof. Our delicious menu prepared by
Chef Scott Ackley is sure to make your favorites list. Among diners’
favorites are our Chicken Parmesan and Roasted Pacific Salmon
Teriyaki, along with our gourmet sandwiches and paninis. Be sure to
try our specialty appetizers such as the Fried Dill Pickles or Artichoke
Spinach Cheese Dip.
10th Floor, Joseph Smith Memorial Building
15 E. South Temple
Salt Lake City, UT 84150
801-539-3170
www.diningattemplesquare.com/garden.html
The Lion House Pantry Restaurant
Housed in the personal residence of Brigham Young, Utah’s first
territorial governor, The Lion House Pantry has great home-style
cooking in a self-serve setting. The menu changes daily and each
delicious entrée comes with one of our world-famous Lion House
rolls. As well, our house salads and home-style pies complement
any of our home-style cooking entrées. Come in for a fresh,
economical dining option downtown.
63 E. South Temple
Salt Lake City, UT 84150
801-539-3258
www.diningattemplesquare.com/pantry.html
Nauvoo Café
The Nauvoo Café serves a variety of hot-carved sandwiches, soups
and meat pies. Open for breakfast, lunch and dinner this café has
become a Salt Lake City hotspot since its opening in January 2007.
Succulent meats are carved when selected, then toasted on artisan
bread to create a unique, stunning combination during each visit.
Come in and enjoy great sandwich combinations in a peaceful
setting near the Main Street Plaza.
Lobby Level, Joseph Smith Memorial Building
15 E. South Temple
Salt Lake City, UT 84150
801-539-3346
www.diningattemplesquare.com/nauvoo.html
Red Cliffs Lodge
The Red Cliffs Lodge is Moab’s adventure headquarters with a restaurant, pool,
spa, horseback rides, museum and more. Accommodations include spacious
suites and individual cabins each with private patios overlooking the Colorado
River. Dine in our on-site restaurant with spectacular views of the Colorado
River and Fisher Towers.
Red Cliffs Lodge is also home to the largest winery in Utah. Set high on the
banks of the Colorado River, Castle Creek Winery and Vineyard is one of the
most scenic in the world. Castle Creek Winery offers daily wine tasting, selfguided tours and wine sales.
76
76
November/December
2011
May/June 2015
Mile 14 Highway 128
Moab, UT 84532
435-259-2002
866-812-2002
www.redcliffslodge.com
diningdining
& leisure
guide
feature
and leisure
guide
The Roof Restaurant
Try dining elevated. The Roof Restaurant is Salt Lake’s premier
gourmet buffet, legendary for its cuisine and view overlooking
Temple Square. The Roof features a daily variety of American and
international entrées, a carving station with prime rib and honey
baked ham, as well as salads, cheeses, soups and a renowned
dessert buffet. Celebrate your engagement, anniversary, or any
special occasion with the elegant atmosphere and world-class dining
that is found at The Roof Restaurant. Reservations recommended.
10th floor, Joseph Smith Memorial Building
15 E. South Temple
Salt Lake City, UT 84150
801-539-1911
www.diningattemplesquare.com/roof
Silver Fork Lodge and Restaurant
Silver Fork Lodge and Restaurant is open daily for breakfast, lunch and
dinner. Voted “Best Breakfast in Utah” by Salt Lake Magazine. At Silver
Fork Lodge, you will find an “atmosphere thought to be forgotten” while
enjoying finely prepared meals, outstanding hospitality and stunning
views of the surrounding mountains. Enjoy the outdoor patio or dine
inside next to a roaring fire. Full service liquor license and excellent wine
list available. Banquet facilities available for weddings, parties, business
meetings and more.
11 miles up Big Cottonwood Canyon
11332 E. Big Cottonwood Canyon Road
Brighton, UT 84121
801-533-9977
888-649-9551
www.silverforklodge.com
Open daily 8 a.m. to 9 p.m.
Table ONE
Table ONE is a place where the food is front and center and No.
ONE. We use curated ingredients that represent seasonality, the
best from local/regional farms, ranches and select parts of the
world. By preparing our menu with health in mind we reduce, and
in many cases, eliminate the reliance on fats, butters and cream.
The food is luxurious, refined and healthy — we source and curate
ingredients to demonstrate the integrity of the food.
201 Heber Ave
Park City, UT 84060
435-658-2500
theskylodge.com/table-one
Torrey Schoolhouse B&B Inn
For your next weekend getaway, enjoy Torrey and Capitol Reef in luxury and
convenience. Close to great dining, shops and galleries, the newly renovated
historic Torrey Schoolhouse B&B combines comfort, quiet and beauty in
one of the most spectacular settings in Utah. And it’s only three hours from
Salt Lake City! Offering delicious full hot organic breakfasts and massaging
recliners in every room, we’re open from March 28 until Nov. 1.
150 N. Center St.
Torrey, UT 84775
435-491-0230
www.torreyschoolhouse.com
Community Magazine
77
1
Visit zionsdirect.com
or call 1-800-524-8875 for details.
Minimum $250,000 account value in a single Zions Direct brokerage account required for eligibility. Offer applies to online
equity trades over $1.00 and online fixed income trades only. Additional restrictions apply. Visit zionsdirect.com for details.
Investment products and services offered through Zions Direct, Member of FINRA/SIPC.
1
Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value
Zions Direct is a wholly owned non-bank subsidiary of Zions Bank.
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The Last Word
By A. Scott Anderson
President and CEO, Zions Bank
Banks Have No Peers
in Extending Credit to
Small Businesses
Idaho Gov. Butch Otter cut the
ceremonial ribbon during the dedication
of Eighth and Main on Feb. 12.
Photo by Josie Patterson-Halford
Small businesses are the cornerstone of our communities and play
a vital role in our local economy and job growth. According to data
from the U.S. Small Business Administration, small businesses
represent 99.7 percent of all businesses in the country, employ
nearly half of all private sector employees (48.5 percent) and pay 42
percent of the total U.S. private payroll.
For many small business owners, the most significant
obstacle to entry or expansion of their business is the
availability of sufficient intermediate and long-term
capital to support their working capital and fixed
assets requirements.
80
May/June 2015
One of Zions Bank’s Guiding Principles states that
“we strive to make our clients stronger by creating
economic opportunity for them.” I am exceptionally
proud of the fact that for many years now Zions Bank
has played a leading role in providing capital to help
small businesses in Utah and Idaho get established,
stay in business or expand, and create thousands
of new jobs.
One of our key partners in making this happen is
the Small Business Administration. In fact, earlier this
month Zions Bank was recognized as the SBA’s Utah
District Top Lender (based on number volume) for
the 21st consecutive year. At the same event, the Utah
District honored the bank’s Military Relations Officer
Brian Garrett with the Veteran Advocate Award and
Martin James of Slide Ridge Honey, one of our clients,
with the Rural Small Business Award. We have also been
recognized as the top provider of SBA loans in the Boise
District for fiscal year 2014, marking our 13th year as
the No. 1 SBA lender in Southern and Eastern Idaho.
To further illustrate our efforts to provide small
businesses efficient access to capital, here are some
numbers from the past year alone. Zions Bank approved
338 SBA 7(a) loans totaling $47.5 million in Utah and
Idaho during the SBA fiscal year ended Sept. 30, 2014.
This total represented approximately 25 percent of all
SBA-backed loans approved in the region during the year.
The capital provided through Zions Bank’s loans
to Idaho and Utah businesses last year allowed them
to grow so they could hire 1,016 new employees and
maintain 3,195 existing positions, according to SBA data.
Zions Bank also continues to be a leader in marketing
SBA loans to women- and minority-owned businesses,
which accounted for nearly 30 percent of the loans
approved by Zions Bank during fiscal year 2014.
Additionally, Zions Bank’s average loan size is less than
$135,000, a strong indicator of the bank’s support for
small businesses in our communities.
SBA 7(a) loans are the most basic and most used
type of loan in SBA’s business programs. Over the
years, the SBA’s 7(a) program has successfully served as
the premier small business government loan program
for many start-up and growing small businesses. The
program offers up to 25-year, fully amortized loans that
can be used for a number of business purposes including
working capital, machinery and equipment, furniture
and fixtures, land and building, leasehold improvements,
and debt refinancing.
Small businesses rely on strong lending partners to
remain healthy, and banks have no peers when it comes
to extending credit to small businesses. And among
banks in our market, Zions Bank’s long history of
providing the capital small businesses need to survive
and thrive is unequaled.
Our clients have
consistently rated us
among the top banks
in the country.
Now we have the
honors to prove it!
2014
As part of Zions Bancorporation
24 Greenwich Excellence Awards
in Banking for 2014.
Second highest among all banks in the United States.
Zions Bank, as part of Zions Bancorporation, was recognized in a study
conducted by Greenwich Associates as being among the nation’s top financial
institutions in eleven national and two regional categories in middle market and
small business banking. The study was based on interviews with over 27,000
businesses with sales of $1-500 million across the country. Only 49 banks of
the 750+ eligible banks evaluated were recognized for Excellence in Banking.
Let us put our excellence to work for you.
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