Student loan servicing giant seeks industrial bank charter
Nelnet’s planned bank would be an online enterprise focused on gathering deposits and making private student loans. ... Read full article
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Longtime Zions executive LeeAnne Linderman to retire
LeeAnne Linderman, who oversees retail banking for Zions, was the first female chair of the Utah Bankers Association and has mentored and advocated for women in the industry. ... Read full article
Zions' results reflect growing comfort with oil exposure
The Utah company reduced the size of its loan-loss allowance, citing improvement in its energy book at minimal losses from Hurricane Harvey. ... Read full article
Zions meets efficiency goal even though 4Q profit fell
The Salt Lake City company reported an efficiency ratio of 61.6% despite charges and costs tied to recently passed tax reform. ... Read full article
Wintrust in Ill. to buy consumer direct mortgage lender
The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City. ... Read full article
12 markets hit hardest by slashing the mortgage interest deduction
Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan. ... Read full article
People's Utah buying seven branches in its home state
The company will also gain $260 million in loans and $180 million in deposits from Banner Corp. ... Read full article
Proficio Bank becomes first Utah failure in six years
Cache Valley Bank in Utah agreed to buy Proficio's deposits and most of its assets. ... Read full article
People's Utah gets early start on CFO succession
People's Utah Bancorp in American Fork has its next chief financial officer waiting in the wings a year in advance. ... Read full article