ELSA Welcomes Bank of Utah as a New Member, Expanding Membership to 36
[London, UK, 14th July 2023] – The European Life Settlement Association (ELSA), a leading industry association dedicated to promoting transparency and best practices within the life settlement market, is pleased to announce that Bank of Utah has joined as its newest member. Bank of Utah’s membership marks the third new addition this year, further strengthening ELSA’s growing network and reinforcing its influential role in shaping the life settlement industry.
ELSA now boasts a membership of 36 organizations, reflecting the association’s continuous growth and prominence within the industry. The addition of Bank of Utah further expands ELSA’s reach, allowing for increased collaboration and knowledge sharing among industry leaders, regulatory experts, and policymakers.
Expressing enthusiasm about the new member, Chris Wells, Executive Director at ELSA, stated, “We are delighted to welcome Bank of Utah as a valued member of the European Life Settlement Association. The increasing number of market leading organizations joining ELSA is a testament to our commitment to promoting best practice and transparency in the life settlement market. We look forward to Bank of Utah’s contributions and collaboration as we continue to advocate for the interests of life settlement investors.”
This membership affirms the Bank’s commitment to the life settlement industry as a whole, its international customers and its belief that Bank of Utah has a significant role to play in strengthening the European market for life settlements.
Branden Hansen
ELSA’s membership provides organizations such as Bank of Utah with unique opportunities to engage in industry initiatives, conferences, and educational programs that foster growth, knowledge, and best practice.
“Bank of Utah is always eager to join forces with strong organizations that promote best practices and transparency in any industry in which it operates,” said Bank of Utah President Branden Hansen. “This membership affirms the Bank’s commitment to the life settlement industry as a whole, its international customers and its belief that Bank of Utah has a significant role to play in strengthening the European market for life settlements.”
Bank of Utah’s participation in ELSA will enable the institution to stay informed about emerging trends and developments in the life settlement market, ultimately benefiting its clients and strengthening its position in the market.
About Bank of Utah: For more than 70 years, Bank of Utah has been a pillar of the financial industry, providing personal and business banking, mortgage and commercial lending, wealth management, and trust and investment services for thousands of customers across Utah and around the globe. Since 2008, Bank of Utah has been providing industry-leading customer service with prompt and reliable money movement for the life settlement industry in conjunction with its securities intermediary and escrow services.
Bank of Utah was established in 1952 in Ogden, Utah, by the Frank M. Browning family. Bank of Utah has since grown to 400 employees and over $2.5 billion in assets. Bank of Utah is one of the top banks in the U.S., ranking in the top 11% for total assets, the top 7% for net income, and the top 2% for Return on Assets (RoA). For more information call 801-409-5000 or visit www.bankofutah.com.
The European Life Settlement Association (ELSA) was founded in 2009 to set standards for participants in the European life settlement industry. ELSA represents institutional investors, life settlement asset managers, and service providers to the life settlement market both in Europe and around the world, promoting transparency by providing accurate, authoritative information to investors, regulators, and the media. For more information visit www.elsa-sls.org.
Further Information:
Chris Wells, +44 (0) 203 490 0271, chris@elsa-sls.org
Post a comment Cancel reply
Related Posts
Life Risk News October 2024 Issue Out Now
Life Risk News October 2024 Issue Out Now Download Life Risk News Volume 3, Issue…
ELSA Announces New Executive Committee Members for 2025
European Life Settlement Association Announces New Executive Committee Members for 2025 [London, UK, 17th September…
Life Settlement Industry Emerges From Recent Macroeconomic Tumult More Positive Than Ever
Life Settlement Industry Emerges From Recent Macroeconomic Tumult More Positive Than Ever [London, UK, 16th…
Life Risk News September 2024 Issue Out Now
Life Risk News September 2024 Issue Out Now Download Life Risk News Volume 3, Issue…