Company Overview of Zions First National Bank (Salt Lake City, UT)
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
Salt Lake City, UT 84111
Founded in 1873
Key Executives for Zions First National Bank (Salt Lake City, UT)
Chief Executive Officer, President and Director
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
Sep 10 15
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.
Zions Bank Appoints Leslie Yoest as Vice President and Commercial Relationship Manager
Dec 27 13
Zions Bank announced that Leslie Yoest has joined the bank as a vice president and commercial relationship manager. In this role she will lead the Women’s Financial Group in Idaho, providing resources and support to female clients.Yoest brings 20 years of banking experience to the position, most recently with Key Bank. Prior to that, she was a business development officer with Banner Bank and a branch manager with Home Federal.
Zions Bank Opens New State Headquarters
Dec 13 13
Zions Bank plans to add new jobs and will continue to invest in Idaho after it opens its new state headquarters in the soon-to-open Eighth and Main building. Anderson said the bank is planning to add 40 to 60 new jobs in the next several years, as it moves into Eighth and Main before a planned February grand opening.
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