This is Derek Miller, Speaking on Business. Bank of Utah was established in 1952 by Frank M. Browning and other investors in Ogden. Today, the Bank continues to invest in the communities that helped build it. Doug DeFries, president and CEO, shares how Bank of Utah gives back.


Community is at the heart of everything Bank of Utah does. That’s why we actively support over 85 local nonprofit organizations. In 2020, Bank employees contributed over 540 hours of service, getting involved in meaningful ways. They served on boards, provided schoolchildren with weekend meals, collected coats, served dinner at homeless shelters, brought lunch to first responders, and much more. In addition, Bank of Utah donated to community causes across the state.

We’ve begun teaming up with community members via social media. When restaurants were struggling during the pandemic, the Bank gave $20 to restaurants when anyone ordered takeout and tagged the restaurant on social media. Our Service Scavenger Hunt is happening now. Community members do a service project, tag any nonprofit, and then the Bank makes a $10 donation toward that nonprofit. Join us to support this great state. Together, we are Utah.


Bank of Utah is one of the strongest banks in the country, with over $2 billion in assets. The Bank offers business and personal banking; mortgage, commercial and consumer lending; and personal and corporate trust services – all with a personal touch. I’m Derek Miller with the Salt Lake Chamber, and this is Speaking on Business.