Ogden, Utah, May 11, 2012
Doug DeFries, president of Bank of Utah, announced today the donation of a $30,000 lot in Pleasant View to Have A Heart. He handed over the deed to the property
to the non-profit organization at an annual membership REALTORS luncheon of the NWAOR on Friday, May 11 at noon in the Ogden Marriot ballroom.
This is the first lot donation by a bank in the 12-year history of Have A Heart, which builds new construction homes for people with low incomes, military
and special-needs families and for people requiring wheelchair accessibility.
Have A Heart is a service arm of the Northern Wasatch Association of Realtors (NWAOR) and Northern Wasatch Home Builders Association (NWHBA). The 2012 Have
A Heart Home will be built on the lot for a qualified family.
"We have the same goal as realtors and builders, which is to help people in our communities experience the value of homeownership," said DeFries. "The donation
of this land is also true to our goal of ensuring that people experience great service from our entire organization. On behalf of our stockholders, customers and
employees, we are giving this land to Have A Heart because it will help create a new home for a family in need."
Stuart Smith, owner of Mainline Construction, will soon build the new Have A Heart Home on lot #1, a 16,000 square-foot parcel located on Pleasant View Drive in
the Hidden Springs subdivision of Pleasant View.
"Have A Heart depends on donations of land, money, labor and materials, so we can offer a significantly lower-priced home to our new homeowners," said NWAOR
CEO Mike Ostermiller. "With the addition of this very generous gift of land from Bank of Utah, the benefit to our recipients will be considerably greater."
About Bank of Utah
Bank of Utah was founded and organized by Frank M. Browning, an Ogden business executive. The Bank officially opened for business on December 1, 1952 with 16 employees,
and has grown to over 300 employees and $750 million in assets. The Bank currently has 13 full-service branches along the Wasatch Front, Price and South Jordan mortgage
offices and corporate trust teams in Ogden and Salt Lake City. Bank of Utah offers personal banking, business banking, home lending, trust management, and investment
services. For more information call 1-800-516-5559 or visit www.bankofutah.com.
The Northern Wasatch Association of REALTORS (NWAOR) serves its members and homeowners by providing and promoting educational, business planning, governmental
advocacy, and other appropriate/relevant programs and services. We enhance our members' freedom and ability to successfully and competently conduct their individual
business in a manner consistent with the Code of Ethics and Fair Housing practices. Through collective action, NWAOR promotes the enhancement and preservation of the
right to own, transfer, and use real property. We are a non-profit organization representing over 1600 real estate agents and brokers throughout Davis, Weber and Morgan
counties. For more information about NWAOR or our charitable cause Have A Heart, visit www.nwaor.com.
The Northern Wasatch Homebuilders Association (NWHBA) is a non-profit organization representing the home building industry in Davis, Weber, Morgan, and Box Elder Counties.
For more information about the NWHBA, please visit www.nwhba.org.