Volunteers to Complete 1,000 Projects Over the Course of 24 YearsSALT LAKE CITY, Utah; June 2, 2014 — Senior citizens who have struggled to maintain their homes are benefiting from a fresh coat of paint and landscaping help during Zions Bank’s 24th annual Paint-a-Thon service project.
This week, 59 homes in Idaho and Utah will receive makeovers from local Zions Bank employees who are trading balance sheets for brushes to support the project, which benefits low-income, elderly and disabled homeowners as well as veterans.
Throughout the week, more than 4,100 Zions Bank employees and their families are volunteering to clean, scrape and paint homes. This year, Zions Bank will reach a milestone when volunteers paint the 1,000th project since Paint-a-Thon community outreach began in 1991.
he average age of this year’s homeowner is 73, with an average monthly income of $1,645. Projects completed during the annual week-long event were selected with the assistance of state housing agencies, community organizations and local churches.
Zions Bank is committed to helping senior citizens remain in their homes as long as possible, maintaining their independence, dignity and health. Nearly 90 percent of people over age 65 want to stay in their home for as long as possible, and 80 percent believe their current residence is where they will always live, according to the AARP Public Policy Institute.
“We look forward to Paint-a-Thon every year because it’s an opportunity to help our neighbors spruce up their homes and yards when they can no longer do the job themselves,” said Zions Bank President and CEO Scott Anderson. “The project is personally rewarding, and it allows us to create value for our communities and neighborhoods.”
In addition to painting, Zions employees will provide yard clean-up, pruning, mowing, planting and minor repairs as needed by homeowners. The cost for all paint and supplies is contributed by Zions Bank.
Launched in 1991, Zions Bank’s Paint-a-Thon began as a volunteer project for a dozen homes along Utah’s Wasatch Front. Over the past 24 years, Zions Bank employees have put aside summer pastimes for a week each year — volunteering in the evenings after work and on Saturday — to paint a total of 1,000 homes throughout Idaho and Utah. Not counting the dollar value of volunteer hours through the years, the bank has donated more than $1 million toward beautifying homes in the two states.
About Zions Bank
Zions Bank, a subsidiary of Zions Bancorporation (NASDAQ: ZION), is Utah’s oldest financial institution and operates 127 full-service financial centers throughout Utah and Idaho. In addition to offering a wide range of traditional banking services, Zions Bank is also a leader in small business lending and has consistently ranked as the No. 1 lender of U.S. Small Business Administration 7(a) loans in Utah for the past 20 years and Idaho’s Boise District for the past 12 years. Founded in 1873, Zions Bank has been serving the communities of the Intermountain West for more than 140 years. Additional information is available at www.zionsbank.com.