Zions Bancorporation, a financial holding company, provides a range of banking and related services, primarily in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. Products and Services The company focuses on providing community banking services by continuously strengthening its core business lines of small and medium-sized business and corporate banking; commercial and residential development, construction and term lending; retail banking; treasury cash management and related products and services; residential mortgage servicing and lending; trust and wealth management; limited capital markets activities, including municipal finance advisory and underwriting; and investment activities. It operates primarily through seven locally managed segments that each do business under a different name. The company provides various commercial and retail banking and mortgage lending products and services. They also provide a range of personal banking services to individuals, including home mortgages, bankcard, other installment loans, home equity lines of credit, checking accounts, savings accounts, certificates of deposit of various types and maturities, trust services, safe deposit facilities, direct deposit, and Internet and mobile banking. In addition, certain subsidiary banks provide services to key market segments through their Women’s Financial, Private Client Services, and Executive Banking Groups. The company also offers wealth management services, as well as online and traditional brokerage services through Zions Direct, Inc. and Amegy Investments. In addition to these core businesses, the company has built specialized lines of business in capital markets and public finance. The company provides small business administration (SBA) 7(a) and SBA 504 financing to small businesses. It owns an equity interest in Federal Agricultural Mortgage Corporation and is its originator of secondary market agricultural real estate mortgage loans. The company provides finance advisory and corporate trust services for municipalities. The company also provides trust services to individuals in its wealth management business and bond transfer, stock transfer, and escrow services in its corporate trust business, both within and outside of its footprint. As of December 31, 2015, the company operated 450 domestic branches, of which 280 are owned and 170 are leased. It also leases its headquarters in Salt Lake City, Utah. Loan Portfolio As of December 31, 2015, the company’s loan portfolio included commercial loans, such as commercial and industrial loans, leasing loans, owner occupied loans, and municipal loans; commercial real estate loans, such as construction and land development loans, and term loans; and consumer loans, such as home equity credit line, 1-4 family residential loans, construction and other consumer real estate loans, bankcard and other revolving plans, and other loans. Investment Portfolio As of December 31, 2015, the company’s investment securities portfolio included U.S. government agencies and corporations, such as agency securities, agency guaranteed mortgage-backed securities, and SBA loan-backed securities; municipal securities; other debt securities; and money market mutual funds and other. Supervision and Regulation The company is a bank holding company and a financial holding company as provided by the Bank Holding Company Act, as modified by the Gramm-Leach-Bliley Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act. The company’s banking subsidiary ZB, National Association is subject to the provisions of the National Bank Act or other statutes governing national banks, as well as the rules and regulations of the Office of the Comptroller of the Currency (OCC), the Consumer Financial Protection Bureau, and the Federal Deposit Insurance Corporation (FDIC). It is also subject to periodic examination and supervision by the OCC and the FDIC. Some of the company’s nonbank subsidiaries are also subject to regulation by the FRB and other federal and state agencies. The company’s brokerage and investment advisory subsidiaries are regulated by the Securities and Exchange Commission, Financial Industry Regulatory Authority and/or state securities regulators. The company is subject to the provisions of the Volcker Rule, issued pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The company and other companies subject to the Dodd-Frank Act are subject to various requirements regarding the time, manner and form of compensation given to its key executives and other personnel receiving incentive compensation. The company is subject to the disclosure and regulatory requirements of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, both as administered by the Securities and Exchange Commission. As a company listed on the NASDAQ Global Select Market, the company is subject to NASDAQ listing standards for quoted companies. The company is subject to the Sarbanes-Oxley Act of 2002, the Dodd-Frank Act, and other federal and state laws and regulations. History Zions Bancorporation was founded in 1873. The company was incorporated in 1966.
(ZION:Consolidated Issue Listed on NASDAQ Global Select )
One South Main Street
Salt Lake City, UT 84133
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