Zions First National Bank is a subsidiary of Zions Bancorporation. Getting its start in 1873 as Zion’s Savings Bank and Trust Company, the bank offers both brick-and-mortar and online services to the public.
Company Headquarters:
Zions Bank Corporate
One South Main Street
Salt Lake City, Utah 84111
Website: www.zionsbank.com
Customer service: 1-800-974-8800
Types of Accounts Available
Zions Bank offers a wide variety of both standard and online banking options, including savings, checking, CDs and money market accounts:
Savings Accounts
The bank offers a number of savings options, including the Statement Savings account, which is perfect for the person just starting out who wants to make deposits and have easy access to their money. Features and requirements include:
- $50 to open
- $3 fee if balance falls below $200
- Variable interest rate that is compounded daily and paid quarterly
- Unlimited withdrawals at the teller
- Free automatic transfers
- Free direct deposit
- Free Online Banking
Other savings accounts include the Gold Statement Savings (high-interest savings), Teengreen Savings (for students up to age 25) and Kidsgreen Savings (for children).
Checking Accounts
Zions Bank offers a broad range of checking accounts. It should be noted that it offers two free checking accounts, which are becoming rare among banks.
Free Checking
- $100 to open
- No monthly service fee or minimum daily balance
- Unlimited check writing/checks stored by bank
- Free Debit Card
- ATM deposit and withdrawal access
- Free Online Banking
- Overdraft protection
Free Interest Checking
This account comes with the same features and requirements of the free checking account, but in addition it is:
- Available with Direct Deposit
- Interest bearing
Other checking options offered by the bank include the Gold Account, Gold Interest, Gold Checking Plus, Military Checking and Codegreen Student Checking.
Money Market Accounts
Zions Bank offers both standard and online options for their money market accounts.
Money Market Account
- $1,000 to open
- No monthly service fee
- Variable interest rate, interest compounded daily and paid monthly
- No more than six transfers per statement
- Unlimited withdrawals
Other standard money market accounts include the Gold Money Market Account (earns higher interest) Gold Money Market Plus Account (earns even higher interest) and the Codegreen Student Money Market Account (for students up to age 25).
Internet Money Market Account
- $1,000 to open
- Balance must be at least $2,500 to earn advertised rate
- No more than six transfers per statement
- Unlimited withdrawals, $3 fee for withdrawals made at teller window
- Checks included
The interest rate is variable. It is compounded daily and paid monthly.
CDs
Zion’s Bank offers both standard and Internet CD options.
Certificate of Deposit
- $1,ooo to open
- No monthly service fee
- Fixed rate based on the term of the certificate
- Substantial penalty for early withdrawal
The terms for the CD include:
- 14 day
- 15 day +
- 3 month +
- 6 month +
- 12 month +
- 24 month +
- 36 month +
- 48 month +
- 60 month +
The bank also offers the Gold Certificate of Deposit that offers a higher rate to customers already holding Gold Checking or Gold Savings Accounts. It does not advertise jumbo CDs.
1-Year Internet CD
- $1,ooo to open
- Apply online only
- Variable interest rate
- Substantial penalty for early withdrawal
The bank also offers a number of IRA options both standard and via the Internet, including the Gold MarketPlus IRA, Variable IRA and a number of IRA CDs.
How to Open Account
To apply for any Zions Bank account, you can click “Apply Online” to get started. In most cases, you will need:
- Social Security number
- Current address
- E-mail address
- Routing and account if the account will be funded from another bank
FDIC Insurance and Coverage
Zions Bank covers all deposit accounts with FDIC insurance up to $250,000.
Customer Service
In addition to the general customer service phone number, which is available 24/7, Zion’s Bank offers customer service support for online banking, bill pay, password resets, assistance opening an account and more.
Security
Zions Bank says that it stores all information behind a secure firewall and all sensitive information is communicated to their servers using 128-bit Secure Socket Layer (SSL) encryption.
In addition to standard accounts, the bank offers various types of loans, credit cards and tips on handling personal finance and retirement options.
