SALT LAKE CITY, Feb. 22, 2010 (GLOBE NEWSWIRE) -- Zions Bancorporation (Nasdaq:ZION) announced today that it has been recognized in a survey conducted by Greenwich Associates as among the nation's top banks in nine national and two regional categories in middle market banking. The survey is conducted with nearly 13,000 businesses across the U.S. with sales of $10-500 million. Of the more than 750 banks eligible to win an award, only 33 were cited for distinctive quality, with Zions cited in 11 of 12 categories.
"We are honored to have been recognized once again by these awards for what we believe are some of the best products and services available in the industry today," said Harris Simmons, chairman and CEO. "It is a testament to our commitment to our customers that we were recognized in nine of the ten national categories and in both regional categories. This recognition is a tribute to our commercial bankers, who are considered by their clients to be the best in the industry; and to the professionals in our Treasury Management Group, whose expertise and efforts have resulted in a growth rate over the past year that is more than double that of the industry, which is indeed a notable accomplishment."
On the national level, Zions won awards in the following categories:
- Overall Satisfaction
- Personal Banking
- Relationship Manager Performance
- Credit Policy
- Financial Stability
- Overall Treasury Management
- Accuracy of Operations
- Customer Service
- Treasury Product Capabilities
At the regional level, Zions received awards in the categories of Overall Satisfaction and Overall Satisfaction in Treasury Management for the West region.
"Overall, these awards demonstrate the dedication of our bankers to providing the highest quality products and exceptional customer service day after day, year after year," Mr. Simmons concluded.
Greenwich Middle Market Banking Excellence Awards
Every year, Greenwich Associates surveys more than 13,000 businesses with sales of $10-500 million in markets across the U.S. To benchmark market share as well as the quality of banking products and services in the marketplace, Greenwich Associates asks decision makers at these companies to evaluate each of the banks they use in a variety of categories. The results of this research are used to determine the winners of the Greenwich Middle Market Banking Excellence Awards, which are handed out in 10 categories at the national level and in two categories across four geographic regions. Recognition is based on statistical differentiation at a 95% confidence level.
Zions Bancorporation
Zions Bancorporation is one of the nation's premier financial services companies, consisting of a collection of great banks in select high growth markets. Zions operates its banking businesses under local management teams and community identities through approximately 500 offices in 10 Western and Southwestern states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. The company is a national leader in Small Business Administration lending and public finance advisory services. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices. Investor information and links to subsidiary banks can be accessed at www.zionsbancorporation.com.