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Nearly every man who develops an idea works it up to the point where it looks impossible, and then he gets discouraged. That's not the place to become discouraged.
Thomas Edison Categories
Monthly Archives: December 2008
No Phishing Allowed
Keeping your personal and account information secure is a top priority at Zions Bank, where state of-the-art security measures are utilized to protect your information. However, it is ultimately your responsibility to keep your information secure when using Internet banking.
By far, the financial services industry is the most targeted industry sector of all phishing attacks, according to the Anti-Phishing Working Group. The damage caused by phishing ranges from loss of e-mail access to extreme financial loss. Read More
Planning Ahead
There comes a time in nearly every business owner’s life when the question must be faced: Is it time to sell the business and move on?
You can prepare for that question far before it’s time to answer it. By planning ahead, you are more likely to have a better understanding of your options and how each one might affect your personal and financial goals. If you know you’ll want to transition your business in the next five years, now is the time to put the planning wheels in motion. Read More
Gift Budget Tool
An online holiday gift planner from Zions Bank helps Santa Claus make his gift list … and check it twice so that he sticks to a budget.
Free to the public, the Web resource at myholidaygiftplanner.com allows shoppers to organize their gift list, create a personal budget and stick to it. While they are at it, users can take advantage of the customizable planner to start their gift list and budget for next year.
After logging in to myholidaygiftplanner.com, users set up a free personalized planner that they can save and edit whenever they like. Shoppers create a gift list for each person on their shopping list and estimate the cost for each gift, which is added up into a total budget. The budgets can be adjusted as desired and updated with actual expenditures as gifts are purchased. Space is provided for people to make shopping notes, or to copy and paste Web site addresses or delivery confirmation numbers when shopping online. Read More
Harris Simmons
As the nation’s credit crisis has continued to make headlines, the United States Department of Treasury has continued to develop new tools to engender confidence and strengthen liquidity in the financial system. A major new element of the government’s response is the Capital Purchase Plan, an element of the Emergency Economic Stabilization Act recently passed by Congress, by which up to $250 billion is being invested in healthy banks that form the backbone of our economy. This new capital is being provided in the form of senior preferred stock, with a coupon rate of 5 percent for the first five years, after which the rate increases to 9 percent. Warrants to purchase common stock at current prices, in an amount equal to 15 percent of the total investment, are also provided to the government. The structure of the program virtually ensures that these taxpayer funds will not constitute a “bailout,” but rather an investment that will be fully repaid by the many banks receiving this investment. Read More
Adviser Advice
Finding just the right professional adviser (attorney, accountant, financial planner) ought to entail more than simply opening the Yellow Pages and pointing. Following are some tips to help you find just the right person to fit your needs. Read More
Award Winning Bankers
U.S. Banker magazine announced that Zions Bancorporation received one team award and five individual awards for its sixth annual “Most Powerful Women in Banking” issue. Zions Bank was recognized for having one of the top three banking teams in the nation, one banker was included in the” Most Powerful Women in Banking” category and four others were added to the “Top 25 Women to Watch” list.
This year’s publication marks the third-annual recognition of the Top Three Banking Teams, which ranks overall staff diversity, the percentage of women corporate officers and the aggregate performance of women-led businesses and functional areas. For the past two years, winning teams have been led by U.S. Bancorp, Wells Fargo & Co. and Citigroup. This year, U.S. Bancorp ranked first, Zions Bank ranked second and Citigroup ranked third. Read More
