This is Derek Miller, Speaking on Business. Founded in 1908, the Utah Bankers Association represents Utah’s banking sector. They advocate for their members and offer resources to help banks deliver exceptional services. President and CEO, Howard Headlee, joins us with more.
Howard Headlee:
Utah is the 5th largest banking state in the country, with over a trillion dollars in assets in state headquartered banks – a stat that may surprise you. Financial services is the largest sector of our state’s economy, driving growth, innovation, and prosperity.
Utah’s strong and fair regulatory environment makes this a prime destination for financial institutions, fostering competition, innovation, and economic expansion. Banks do more than hold your money – they fuel economic opportunity, strengthen communities, and improve lives.
Yes, your money’s always available when you need it, but in the meantime your banker invests in the community through loans to small businesses, homeownership, and affordable housing..
At the end of the day, banks are only as strong as the communities they serve – when Utah thrives, our banks thrive.
Our fates are connected, and that’s why the Utah Bankers Association will continue working to ensure a strong and vibrant banking industry in our state.
Derek Miller:
The Utah Bankers Association is making a real impact in the community through their services and events, promoting financial education and supporting local businesses. Check out what they offer at Utah.bank. I’m Derek Miller, with the Salt Lake Chamber, Speaking on Business.
