Category Archives: Corporate News

Zions Direct Auctions: Allowing investors to bid online and now from mobile devices

On Thursday, March 22, 2012, Zions Direct acted as the auction agent for the sale of $300 million of Zions Bancorporation senior notes. The auction results, as well as a listing of current live auctions, can be viewed by visiting www.auctions.zionsdirect.com. Read More

Zions Bancorporation Announces Redemption of $700 million of Series D Preferred Stock (TARP)

SALT LAKE CITY, March 28, 2012 – Zions Bancorporation redeemed $700 million, or 50%, of its Fixed Rate Cumulative Perpetual Preferred Stock, Series D, issued to the U.S. Department of the Treasury under the Treasury Department’s Troubled Asset Relief Program Capital Purchase Program. Read More

Zions Direct Enters the App World

Smartphone and tablet users now have two new applications to add to their libraries – from Zions Direct. Now available from Apple’s App Store, Zions Direct’s Auctions application gives auction participants the ability to explore and participate in security auctions on the go. Read More

Federal Reserve Does Not Object to Zions’ 2012 Capital Plan

Key plan elements include the redemption of TARP, no common equity issuance. Read More

To the ‘Cheapster’ go the spoils

The race has officially begun for the title of the “Ultimate Cheapster” – an honor that comes with a $10,000 cash prize. Read More

In a tough economy, old stigmas fall away

The Goodwill store in this middle-class New York suburb is buzzing on a recent weekend afternoon. A steady flow of shoppers comb through racks filled with second-hand clothes, shoes, blankets and dishes.

A few years ago, opening a Goodwill store here wouldn’t have made sense. Paramus is one of the biggest ZIP codes in the country for retail sales. Shoppers have their pick of hundreds of respected names . . . read more Read More

Overnight Bond Trading

Zions Direct, the broker-dealer that specializes in offering securities for self-directed and fixed income-focused investors, announces after-market Bond Store order placement capabilities.

Over recent months, Zions Direct has undergone an extension and modernization of its trading and investing services, enhancing their web-based auction, Bond Store, and equity platforms. The addition of overnight and weekend bond order placement to the Bond Store represents one . . . read more Read More

Zions Credit Card Ranks No. 1 for Lowest Ongoing Rate

At a time when many consumers are watching interest rates on their credit cards rise in the aftermath of the Credit Card Act of 2009, Zions Bank’s Low Rate Visa Platinum card has been ranked No. 1 in the country for the lowest ongoing interest rate for consumers with good credit. Zions Bank’s card surpassed 216 others . . . read more Read More

Upcoming Retirement Seminars in Provo and Logan

Zions Bank has recently announced a new service called Zions Bank Retirement Resources, which provides customers with information on a variety of retirement considerations, such as wills, trusts, 401(k)s, IRAs and a host of other important topics.

Over the coming months, Zions Bank Retirement Resources along with Zions Direct and Zions Investment Services Group will be hosting a series of seminars on a variety of retirement subjects.

The next seminar will be held June 11 . . . read more Read More

Zions Direct-Sponsored United Rugby Wins Nationals

Utah-based United won its first U-19 Rugby Club National Championship at Rio Tinto stadium on Saturday, May 22, defeating defending national champion Highland (Utah) 22-17 in a well-played, hard fought match.

The Zions Direct-sponsored team deftly moved through the tournament. After drumming Georgia-based Alpharetta Phoenix in the quarter-finals with a 50-0 victory and handling eventual third-place finishers Katy, Texas in the semifinals 41-6, United met familiar foe Highland in the finals . . . read more Read More

Upcoming Retirement Seminars in Idaho

Zions Bank has recently announced a new service called Zions Bank Retirement Resources, which provides customers with information on a variety of retirement considerations, such as wills, trusts, 401(k)s, IRAs and a host of other important topics.

Over the coming months, Zions Bank Retirement Resources along with Zions Direct and Zions Investment Services Group will be hosting a series of seminars on a variety of retirement subjects.

The next seminar will be held May 11 . . . read more Read More

Zions Bank extends first Build America Bond in Idaho

Zions Bank recently facilitated the first Build America Bond in Idaho, assisting Southwest District Health in financing construction of a new 51,100-square foot public health care facility to be located in Caldwell at 13307 Miami Lane. The Build America Bond program, which was created through the American Recovery and Reinvestment Act of 2009, allows . . . read more Read More

FDIC Centennial Bank Press Release

FDIC Approves the Payout of the Insured Deposits of Centennial Bank, Ogden, Utah

The Federal Deposit Insurance Corporation (FDIC) approved the payout of the insured deposits of Centennial Bank, Ogden, Utah. The bank was closed March 5, 2010 by the Utah Department of Financial Institutions, which appointed the FDIC as receiver.

The FDIC entered into an agreement with Zions First National Bank, Salt Lake City, Utah, to accept the failed bank’s direct deposits from the federal government, such as Social Security and Veterans’ payments . . . read more Read More

Zions Bank Offers Upcoming Retirement Seminars

Zions Bank has recently announced a new service called Zions Bank Retirement Resources, which provides customers with information on a variety of retirement considerations, such as wills, trusts, 401(k)s, IRAs and a host of other important topics.

Over the coming months, Zions Bank Retirement Resources along with Zions Direct and Zions Investment Services Group will be hosting a series of seminars on a variety of retirement subjects.

The next seminar will be held March 10 . . . read more Read More

Zions Bank to assist with resolution of Barnes Bank

Zions First National Bank, a subsidiary of Zions Bancorporation, announced today that it will assist the Federal Deposit Insurance Corporation (FDIC) by acting as Payout Agent in the resolution of Barnes Banking Company, based in Kaysville, Utah . . . read more Read More