Zions Bancorporation

Brim Financial Secures $85 Million in Series C Funding to Fuel Global Expansion

Retrieved on: 
Wednesday, April 3, 2024
Professional Services, Payments, Technology, Finance, Fintech, Banking, Element, CWB, Automation, Mastercard, Growth, Platform as a service, Cognitive computer, Partnership, Zions Bancorporation, EDC, Senior, Affinity Credit Union, Credit, Investment, Laurentian Bank of Canada, Air France–KLM

Brim Financial (“Brim”), a leading fintech infrastructure company transforming the credit card platform and payment automation space, today announced the closing of an $85 million Series C funding round on the back of strong revenue growth, rapidly increasing market share and expansion into the business and commercial segments.

Key Points: 
  • Brim Financial (“Brim”), a leading fintech infrastructure company transforming the credit card platform and payment automation space, today announced the closing of an $85 million Series C funding round on the back of strong revenue growth, rapidly increasing market share and expansion into the business and commercial segments.
  • This landmark financing will fuel Brim’s U.S. expansion strategy, including extending its market reach, accelerating product development and forging strategic alliances.
  • “This funding will accelerate Brim’s growth and fuel our international expansion,” said Rasha Katabi, CEO and Founder of Brim.
  • Formed a strategic partnership with TrueNorth to deliver Credit Cards-as-a-Service platform to financial institutions and fintech customers in North America.

Torus Secures $67 Million in Venture Financing to Advance Energy Storage and Energy Management Platform

Retrieved on: 
Wednesday, April 3, 2024
Hardware, Alternative Energy, Data Management, Green Technology, Energy, Manufacturing, Technology, Professional Services, Batteries, Environment, Other Manufacturing, Software, Other Energy, Data Analytics, Utilities, Engineering, EV, Temperature, PacifiCorp, Growth, Customer experience, Virtual power plant, Zions Bancorporation, Energy management, Energy storage, ICONIQ, Digital native, CPU, Renewable energy

Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.

Key Points: 
  • Torus is a modern global energy solutions company that designs, engineers, and manufactures energy storage and management products for the residential, commercial, and large-scale utility sectors.
  • This progress marks a major step towards a future where renewable energy storage and management is accessible for all."
  • Energy Management: Torus provides an advanced energy storage and management system designed, engineered, and manufactured in Utah.
  • Torus is a Utah-based energy solutions company, focused on making renewable energy storage and management more efficient, affordable, and sustainable.

Varex Announces Closing of Revolving Credit Facility of $155 Million

Retrieved on: 
Wednesday, March 27, 2024
Health, Medical Devices, Technology, Health Technology, Software, Radiology, Hardware, Ethanolamine, Zions Bancorporation, Bookrunner, VREX, Security (finance), Bank

Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a senior secured revolving credit agreement (the “RLOC Facility”) for an initial aggregate principal amount of up to $155 million.

Key Points: 
  • Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a senior secured revolving credit agreement (the “RLOC Facility”) for an initial aggregate principal amount of up to $155 million.
  • (“Zions”) acted as lead arranger and bookrunner for the new RLOC Facility.
  • Simultaneously, Varex terminated its existing senior secured asset-based revolving credit agreement.
  • “We are pleased to have successfully closed the revolving credit facility,” said Sam Maheshwari, Chief Financial Officer of Varex Imaging Corporation.

Nursa Awarded Growth Equity Deal of the Year by ACG Utah

Retrieved on: 
Tuesday, March 19, 2024
Professional Services, Nursing, Health, Hospitals, Health Technology, Managed Care, Finance, Patient, Zions Bancorporation, Senior, Drive Capital, Kick start

The Association for Corporate Growth Utah (ACG Utah), a leading middle-market networking community, has recognized Nursa – a nationwide platform that exists to put a nurse at the bedside of every patient in need – as winner of its Growth Equity Deal of the Year award.

Key Points: 
  • The Association for Corporate Growth Utah (ACG Utah), a leading middle-market networking community, has recognized Nursa – a nationwide platform that exists to put a nurse at the bedside of every patient in need – as winner of its Growth Equity Deal of the Year award.
  • The award recognizes innovative and exceptional companies across a variety of sectors that have had impactful transactions in Utah, with Nursa’s growth equity investment, significant market potential, and impact on the healthcare landscape earning the Salt Lake City-based company this distinction.
  • “We are thrilled to honor exceptional companies and their remarkable transactions,” said Rob McGee, VP of Awards, for ACG Utah and Senior Vice President at Zions Bank.
  • This recognition is truly an honor and affirms the important work that’s being done.”
    To learn more about Nursa, please visit Nursa.com .

Carefree Covered RV Storage Celebrates Opening of Fifth Arizona Location

Retrieved on: 
Monday, April 1, 2024
BPT, Zions Bancorporation, Wi-Fi, PLC, Ice, Multimedia, Commerce Bank, Self storage

SURPRISE, Ariz., April 1, 2024 /PRNewswire-PRWeb/ -- Carefree Covered RV Storage is pleased to announce the grand opening of its fifth covered RV facility in the Phoenix metropolitan area and its first in the city's northern suburb of Surprise.

Key Points: 
  • SURPRISE, Ariz., April 1, 2024 /PRNewswire-PRWeb/ -- Carefree Covered RV Storag e is pleased to announce the grand opening of its fifth covered RV facility in the Phoenix metropolitan area and its first in the city's northern suburb of Surprise.
  • Carefree Covered RV Storage developed the Surprise, Arizona property within nine months.
  • The Surprise facility marks Carefree Covered RV's seventh location in the company's portfolio across Arizona and Texas.
  • The company, founded in 1999, purchases and operates self-storage through its Bargain Storage brand and covered recreational vehicle parking through Carefree Covered RV Storage.

TAB Bank Names New CEO and President; Rick Bozzelli to Retire

Retrieved on: 
Thursday, February 29, 2024
CFO, International, Marketing, Certified Public Accountant, Real estate, Education, Utah State University, Small business, Growth, Sale, Digital, Chairperson, FJM, Pacific coast, Zions Bancorporation, Ernst & Young, TAB, Weber State University, Economics, Management

OGDEN, Utah, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong , Chief Strategy Officer, as the new CEO and Tyler Heap , Chief Credit Officer, as President.

Key Points: 
  • OGDEN, Utah, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong , Chief Strategy Officer, as the new CEO and Tyler Heap , Chief Credit Officer, as President.
  • TAB Bank bids farewell to President and CEO, Rick Bozzelli, who officially retired on Jan. 5.
  • Bozzelli has led TAB Bank for the past 19 months.
  • He served as CFO at FJM for more than seven years and as Board Chair of TAB Bank and TAB Bank Holdings, Inc. for over three years.

ZIONS BANCORPORATION REVISES TIME FOR 2024 Q1 EARNINGS RELEASE

Retrieved on: 
Friday, March 8, 2024
Small business, Bank, Small Business Administration, Webcast, Zions Bancorporation

SALT LAKE CITY, March 8, 2024 /PRNewswire/ -- Zions Bancorporation, N.A.

Key Points: 
  • SALT LAKE CITY, March 8, 2024 /PRNewswire/ -- Zions Bancorporation, N.A.
  • (NASDAQ: ZION) previously announced its earnings release schedule for the first quarter of 2024.
  • Zions is maintaining the date of April 22, 2024, but is revising the scheduled time from 5:30 p.m.
  • Earnings press release and presentation material will be available prior to market open.

50/50 WOMEN ON BOARDS KICKS OFF SECOND ANNUAL 50 WOMEN TO WATCH FOR BOARDS CAMPAIGN

Retrieved on: 
Friday, March 8, 2024
Lynx, Sustainability, TMX, Woman, LOS, Small business, Russell 3000 Index, Gender gap, The Honest Company, Lloyd's of London, Selection Committee, Mastercard, BIVA, Zions Bancorporation, Movement, Head, International Women's Day, McKesson Corporation, Nursing

LOS ANGELES, March 8, 2024 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading global nonprofit education and advocacy organization driving the movement toward gender balance and diversity on corporate boards, kicks-off  its second annual 50 Women to Watch for Boards campaign on International Women's Day.

Key Points: 
  • "We are steadfast in our mission of amplifying women in the pipeline for corporate board leadership," stated Heather Spilsbury, CEO of 50/50 Women on Boards.
  • According to 50/50 Women on Boards' 2023 Q4 Gender Diversity Index Research, 43 percent of Russell 3000 Index companies still have two or fewer women on their boards.
  • The 50 Women to Watch for Boards campaign addresses this disparity by providing corporations, nominating and corporate governance committee chairs, and recruiters access to a curated list of highly accomplished women ready to serve on public company boards.
  • To be eligible for the 50 Women to Watch for Boards list, candidates must be based in North America.

ZIONS BANCORPORATION TO PRESENT AT THE RAYMOND JAMES ANNUAL INSTITUTIONAL INVESTORS CONFERENCE

Retrieved on: 
Friday, March 1, 2024
Small business, Bank, EST, Conference, Small Business Administration, Webcast, Zions Bancorporation, Cryptocurrency

SALT LAKE CITY, March 1, 2024 /PRNewswire/ -- Scott McLean, President & COO of Zions Bancorporation (NASDAQ: ZION), will make a presentation at the Raymond James Annual Investors Conference, Monday, March 4 at 2:50 pm EST.

Key Points: 
  • SALT LAKE CITY, March 1, 2024 /PRNewswire/ -- Scott McLean, President & COO of Zions Bancorporation (NASDAQ: ZION), will make a presentation at the Raymond James Annual Investors Conference, Monday, March 4 at 2:50 pm EST.
  • An audio webcast of the session may be accessed on the Zions Bancorporation website, zionsbancorporation.com .
  • is one of the nation's premier financial services companies with 2023 net revenue of $3.1 billion and approximately $87 billion of total assets.
  • In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.

Leadership Changes Announced at Zions Bank, Zions Bancorporation

Retrieved on: 
Friday, February 23, 2024
Michigan State University, University, Small business, Bank, Growth, Truist Financial, SunTrust Banks, MBA, Comerica, Zions Bancorporation, Small Business Administration, Finance, Texas A&M University, A. Scott Anderson, Bank of America, KPMG, Management

SALT LAKE CITY, Feb. 23, 2024 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) today announced several leadership changes which will become effective on April 1, 2024, at Zions Bank, Zions Bancorporation's largest banking division, and at the parent company:

Key Points: 
  • SALT LAKE CITY, Feb. 23, 2024 /PRNewswire/ -- Zions Bancorporation (NASDAQ: ZION) today announced several leadership changes which will become effective on April 1, 2024, at Zions Bank, Zions Bancorporation's largest banking division, and at the parent company:
    A. Scott Anderson, who has served as president and CEO of Zions Bank since 1998, will retire from his managerial duties following a ­­­­33-year career with the bank.
  • Paul E. Burdiss, who has served as Zions Bancorporation's executive vice president and chief financial officer since 2015, will succeed Mr. Anderson as president and CEO of Zions Bank.
  • Thomas E. Laursen, Zions Bancorporation's general counsel, will retire and be succeeded by Rena Miller, who is currently the company's deputy general counsel.
  • Rena Miller has served in legal roles with Zions Bancorporation for 14 years, including as deputy general counsel since 2015.