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- Zions Bank to Continue Participation in FDIC's Temporary Liquidity Guarantee Program
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Thu, 10/30/2008
To help give businesses and individuals additional peace of mind that their money is safe and secure, Zions First National Bank announced today that it will continue its participation in the FDIC's voluntary Temporary Liquidity Guarantee Program. { Read More }
- Jeff Thredgold's Tea Leaf: "1.00%"
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Thu, 10/30/2008
As expected, the Federal Reserve’s Open Market Committee (FOMC) lowered its federal funds target rate today from the 1.50% rate in place since October 8 to a new level of 1.00%. The 1.00% rate matches the level between June 2003 and June 2004…and is also the lowest in 50 years. { Read More }
- Credit Crunch Not Affecting Zions Bank's Ability to Maintain Role as Top Lender to Small Businesses in Utah
- SALT LAKE CITY, Oct. 21 /PRNewswire/ -- Helping infuse small businesses with the capital they need to grow and create jobs, Zions First National Bank today announced its rank as the top lender of U.S. Small Business Administration 7(a) loans in Utah for 2008. Zions has ranked as Utah's No. 1 SBA lender for the past 15 consecutive years. It has also ranked as the top SBA lender in Idaho's Boise District for the past seven consecutive years.
- City Creek Center, Numerous Other Commercial Developments Help Buffer Economic Distress
- While the world economy roils in financial upheaval, Utah’s economy is being buffered to some degree by commercial construction activity. Numerous commercial developments are moving forward around the state.
- Jeff Thredgold's Tea Leaf: "Major Steps"
- There is a saying in many communities around the country about rapid changes in the weather that goes something like this… “If you don’t like the weather now, just wait 10 minutes…”
- Jeff Thredgold's Tea Leaf: "Waters Uncharted"
- Developments of the past few days (and hours) continue to fall into the “never been done before” and “uncharted waters” file of the Federal Reserve and other central banks around the world. The same could be said of the U.S. Treasury Department and its counterparts around the globe.
- Utah's 2008 Dew Tour Stop One of Most Successful Stops Ever
- Utah enthusiastically welcomed the return of the AST Dew Tour to Salt Lake City is September, netting millions of dollars in economic impact and many hours of national and international television exposure for Utah, according to data compiled by the Utah Sports Commission and the AST Dew Tour.
- Jeff Thredgold's Tea Leaf: "Blame Game"
- Where to start…knowing that whatever is written today will be largely outdated by the end of the week!
- Murray City Weathering the Economic Storm Just Fine
- In these shaky economic times, it is easy to focus on the negative reports that dominate the headlines. Despite the difficult economic situation nationally, Utah stands out for its many positive economic developments. Take, for example, Murray City and Intermountain Healthcare, which have created an economic engine to be envied by communities across the nation. Former Mayor Lynn Pett says the Intermountain Medical Center, located at the site of the old smokestacks in Murray, has created thousands of jobs and fostered a massive economic influx into the community.
- Jeff Thredgold's Tea Leaf: "The Big Guns"
- After applying one financial band-aid after another in recent days, weeks, and months, the U.S. Government was forced to bring out the really big guns during the past few days…
