Salt Lake City, Utah / July 21, 2006 / Press Release --  Zions Bank, a subsidiary of Zions Bancorporation (NASDAQ: ZION), made the announcement on yesterday that it is the first Bank in Utah to achieve federal compliance for enhanced identity theft protection for its clients.

The new feature is called SecurEntry and ensures that Zions offers two-factor client authentication a mandate passed down by the Federal Financial Institutions Examination Council (FFIEC).  According to the mandate all national banks must offer enhanced authentication strength by the close of 2006. 

"Zions is a pillar of Utah's economic foundation and continues to remain pivotal in the fight against fraud," says Sheri Fitzpatrick, CEO of Perfect Home Living, an organization noted in Utah for its work in combating fraud within Utah's real estate market.  "Criminals continue to anticipate change, however when financial institutions such as Zions remain proactive the criminal's chance for opportunity become minimized thus reducing the risk factor for fraud to be committed and that presents a win-win scenario for Utah and her consumers, " Fitzpatrick added.

Customers of SecurEntry will continue to access their accounts in the usual format using current login ID and password.  As far as the set-up of the SecurEntry, Zions customer will select from a library of images ranging from a photo of a Labrador puppy to a sketch of pansies and will create a corresponding caption, both known only to the Internet Banking Client.  Upon completion of the setup, users will see their secret picture and phrase each time they log in as a means to verify that the customer is accessing Zions Internet Banking, and not an imposter site.

"As online fraud has grown more sophisticated, Zions Bank has recognized the critical importance of assuring our customers that they can conduct online transactions anytime and anywhere, without worrying about the security and integrity of Zions Internet Banking," said Lee Carter, Director of Zions Internet Banking.  "Our new SecurEntry feature means we bring an even higher level of protection against fraud and identity theft to our valued clients."

About Perfect Home Living 

Perfect Home Living assists in implementing programs and providing training to financial lenders as well as educating Utah's consumers and licensed professionals to red flags within Utah's real estate market.   For more information or to request assistance please visit us online at:  http://www.PerfectHomeLiving.com