In Your Corner Magazine | Fall 2020

In this issue Golden state of mind is more than an approachable phrase that embodies the Californian lifestyle. It’s an attitude that embraces optimism, fosters collaboration and welcomes diversity. While 2020 has been a year of uncertainty, we have seen the golden state of mind outlook applied more than ever through the CARES Act, charitable giving and meaningful corporate social responsibility. At California Bank & Trust (CB&T), we recognize that giving back isn’t a one-time project— it’s an ongoing priority. In this issue of In Your Corner magazine, we’re highlighting engaging nonprofits, our employees’ commitment to diversity, equity and inclusion, and some of CB&T’s philanthropic initiatives. As Californians, we can take pride in having more than laid-back vibes, we’re a state that rises to the occasion for those in need. ISSUE 6 | 2020

Diversity, Equity and Inclusion WITHIN CB&T

Creating a work environment that welcomes and embraces diversity, equity

and inclusion (DEI) efforts isn’t just a strategic business priority—it’s the right thing to do. DEI is a top priority at CB&T and the foundation of how we treat one another and conduct business. The heart of CB&T’s DEI program is our employee resource groups. These are self-supported, employee-led groups that increase DEI awareness among CB&T teams, future employees and clients. These groups provide a place to share ideas, network, raise awareness of diversity, promote inclusiveness, build a culture of allies, develop personally and professionally, and connect to the community. “My favorite part of CB&T’s DEI groups is that you can hear different perspectives,” said CB&T Employee Experience Program Manager, Megan Powell. “Allyship is a strong way to show your support because maybe I don’t have the same experiences, but I can be empathetic, put myself in other’s shoes and offer support.” Powell helped structure CB&T’s DEI program and employee resource groups early last year. According to McKinsey Global Institute, companies in the top quartile for ethnic and cultural diversity outperform those in the fourth quartile by 36 percent in profitability. “Businesses are more likely to be successful because employees are more reflective of their consumers and market,” said Powell. “With diverse employees, you’re likely to have higher representation, better engagement and better retention.”

HIGHLIGHTS

Seize the day with your Home Equity Line of Credit 05

Treat yourself to Bay Area takeout 08

Corporate responsibility: helping our communities prosper 16

Four tips to help avoid common fraud scams 22

Accion aids emerging entrepreneurs 26

CONTRIBUTORS Rachelle Dostie, Michelle Rapaport, Maurice Pendarvis, Andie Green, Ubaldo Plentywounds, Kathryn Busch-Guinn, Margaret Sweat, ClearVoice, Elissa Baly

VP | MARKETING MANAGER Angelia Hage COMMUNICATIONS OFFICER Kari Luu

PUBLISHER California Bank & Trust

EVP | DIRECTOR OF MARKETING Jathan Segur

COPY EDITOR Robyn Lee

VP | CREATIVE DIRECTOR Ron Gligic

In Your Corner magazine may contain trademarks or trade names owned by parties who are not affiliated with California Bank & Trust, Zions Bancorporation, N.A. or its affiliates. Use of such marks does not imply any sponsorship by or affiliation with third parties, and California Bank & Trust does not claim any ownership of or make representations about products and services offered under or associated with such marks. Articles are offered for informational purposes only and should not be construed as tax, legal, financial or business advice. Please contact a professional about your specific needs and advice.

© 2020 California Bank & Trust. All rights reserved. | A division of Zions Bancorporation, N.A. Member FDIC

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