We are committed to our distinctively local approach to banking. Headquartered in Salt Lake City, Utah, Zions Bancorporation operates as a “Collection of Great Banks” with local brand names and management teams in each of our major Western markets. Our operating model is built on the premise that delivering truly great service to clients is best accomplished by having an organization that is locally oriented. This commitment to improving our communities and building strong local relationships is a key component of both our corporate strategy and our Guiding Principles. We refer to our locally managed banking businesses as affiliates. All our affiliates follow shared corporate governance and responsibility principles but are given autonomy to implement those principles in different ways that local management believes best suits their business strategies and their communities’ needs.