Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 07, 2016 9:10 AM ET

Banks

Company Overview of Zions First National Bank (Salt Lake City, UT)

Company Overview

Zions First National Bank offers personal and commercial banking services. The bank provides checking and saving accounts, car loans, credit cards, mortgages, retirement services, international banking, cash management, Internet banking, agricultural finance, and trust management services. The bank was founded in 1873 and is based in Salt Lake City, Utah. Zions First National Bank operates as a subsidiary of Zions Bancorporation.

One South Main

Suite 1380

Salt Lake City, UT 84111

United States

Founded in 1873

Phone:

801-524-4711

Key Executives for Zions First National Bank (Salt Lake City, UT)

Chief Executive Officer, President and Director
Age: 68
Regional President
Age: 89
Senior Vice President
Vice President and Team Leader
Head of Private Banking Division
Compensation as of Fiscal Year 2015.

Zions First National Bank (Salt Lake City, UT) Key Developments

The United States Court Allows Fraud Action Brought by Langer Grogan & Diver, P.C. to Proceed Against Zions First National Bank

The United States Court of Appeals for the Third Circuit has breathed new life into a major case against Zions First National Bank for its alleged involvement in a scheme to defraud hundreds of thousands of depositors throughout the United States. The case was brought on behalf of the depositors by the Philadelphia law firm, Langer, Grogan & Diver, P.C. The Court vacated a lower court's determination that the case could not proceed as a class action on behalf of all of the harmed depositors. The Court cited internal Zions documents and quoted the conclusions of an expert for the plaintiffs that Zions, allowed the system to be used by High Risk originators whom it had to know were engaged in fraud in clear disregard of the governing rules and standards, made knowing misrepresentations to the other participants in the ACH [automated clearing house] system, facilitated the misuse of the system, and did all this knowing of facts from which, as a banking institution, it had to know fraud was taking place. Damages in the case have been estimated to be in excess of $50 million and are trebled under the federal RICO Act. The case is Reyes v. Netdeposit, et al., 14-1228, in the U.S. Court of Appeals for the Third Circuit.

Similar Private Companies By Industry

Company Name Region
OneCalifornia BanCorp, Inc. United States
Walden Savings Bank United States
Henderson State Bank United States
Decatur County Bank United States
The Old Point National Bank Of Phoebus United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Zions First National Bank (Salt Lake City, UT), please visit www.zionsbank.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.