Ogden, Utah, Feb. 25, 2026 — Bank of Utah has been named a Monitor 2026 Best Company in the Community Impact category for its meaningful statewide contributions to Utah communities throughout 2025. The bank earned this honor for its hands-on service, financial support and community partnerships.
Why Bank of Utah Earned the Recognition
The Monitor Best Companies Awards recognize lenders, service providers, associations, fintech enablers and other organizations within the equipment finance ecosystem that excel in Community Impact, Culture, Inclusion, Leadership or Innovation. Bank of Utah was recognized in the Community Impact category, an award honoring companies that positively affect others’ lives by encouraging team members to devote time, talent and resources to causes that promote the welfare of their communities.
2025 Community Impact by the Numbers
A Legacy of Community Responsibility
Bank of Utah’s mission is to unlock the potential of its team members, clients and community by acting with integrity, building trust through every interaction, exceeding expectations at every opportunity and responsibly creating lasting prosperity for generations. This is rooted in the values of its founder, Frank M. Browning, who established Bank of Utah in 1952 with the belief that community prosperity is a shared responsibility. Browning famously said, "As a member of the community, we owe it to the community to help out where we can."
That guiding principle continues to shape the bank today.
"Bank of Utah believes that by uplifting the community, it uplifts everyone. This belief drives every decision we make," said Branden Hansen, President of Bank of Utah. "We commit to continue to strengthen communities, support nonprofit partners and invest in the people and places where we live and work. We are proud to be honored by Monitor for showing what it truly means to be a community bank."
Community Support in Action
The bank provides charitable support in many forms, including financial contributions, board service, hands-on volunteerism and large-scale initiatives, including:
Grant Funding
Through the Federal Home Loan Bank of Des Moines Member Impact Fund, the bank helped deliver more than $200,000 in grant funding to 30 Utah nonprofits supporting youth programs, housing, food security and the arts in 2025. Learn more.
Bank of Utah Championship at Black Desert/Teen Centers
In 2025, team members assembled more than 1,000 hygiene kits for Utah teens and families. Additionally, as title sponsor of the Bank of Utah Championship at Black Desert, the bank pledged $150,000 to support teen centers statewide through The Policy Project. During the tournament, team members completed service projects to boost local support and celebrate community prosperity. Learn more.
Warm Bodies, Warm Souls
To help Utahns stay warm during the winter, Bank of Utah led its 13th annual Warm Bodies Warm Souls clothing drive, the largest clothing drive in the state. The initiative collected more than 560 bags of winter gear and over $10,000 in donations, benefiting 15 charitable organizations statewide. Learn more.
The Policy Project check presentation
Assembling 1,000+ hygiene kits
Warm clothing delivery
Volunteerism in action
Bank of Utah remains dedicated to these efforts and looks forward to finding new ways to serve and support the people of Utah throughout 2026.
