Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah.
[6][3] On the morning of February 15, 1932 customers began a run on the bank, waiting in lines that ran out of the building and onto the street.
"[7] Lines of depositors that had been as long as a city block began to dwindle, and within five or six days many customers returned to deposit their money.
By month's end, total deposits were more than withdrawals, and Zions had survived the Great Depression.
In April 1960, Keystone, together with several individual investors, acquired a 57.5% interest in Zions First National Bank from the LDS Church.
[11] In March 1997, Zions acquired 27 branches in Arizona, Idaho, Nevada, and Utah from Wells Fargo.
[17][18] Despite the unsuccessful pursuit of First Security, Zions became the largest bank headquartered in Utah.
[19] On October 27, 2008, Zions received a $1.4 billion investment from the U.S. government as a result of the Troubled Asset Relief Program.
[26] In October 2018, Zions merged the holding company and its banking subsidiary ZB, N.A.