NBJ PR Wire

Nevada State Bank Names Dallas E. Huan as President and CEO- William E. Martin to Continue as Chairman

Release Date: July 23, 2007

Contact: Sandi Milton

LAS VEGAS; July 23, 2007 - Nevada State Bank, a subsidiary of Zions Bancorporation (NASDAQ: ZION) announced today that Dallas E. Haun has been named president and chief executive officer of Nevada State Bank, and executive vice president of Zions Bancorporation, effective September 3, 2007. William E. Martin, who has served as chairman, president and chief executive officer of Nevada State Bank since October 1999, will continue to serve as non-executive chairman of the bank's board of directors.

Mr. Haun has most recently served as executive vice president for California Commercial and Private Banking Services at City National Bank in Los Angeles, where he has been a member of the bank's executive committee. He previously was president of Harbor Bank in Long Beach, California until that bank's sale to City National in 1998. Mr. Haun graduated from Michigan State University in 1975 with a bachelor's degree in finance and received his postgraduate degree in 1982 from the University of Washington's Pacific Coast Banking School. He also completed the Executive Program at the Anderson School of Business at UCLA.

"Dallas brings nearly 30 years of strong commercial banking expertise and substantial managerial experience to his new position with Nevada State Bank," said Harris H. Simmons, Chairman and CEO of Zions Bancorporation. "He's a great leader, committed to continuing the work of building Nevada's premier banking franchise. We're extremely pleased to welcome Dallas to our team."

Mr. Simmons expressed his appreciation for Bill Martin. "During his 24 years in leadership positions in Nevada banking, serving as CEO of Nevada National Bank, Pioneer Citizens Bank and then Nevada State Bank after the latter two organizations merged in 1999, Bill's service to the state of Nevada and to the banking industry at both the local and national levels has been extraordinary. His talent for solving problems, his passion for creating a great customer experience and his affable relationship with employees are but a few of Bill's wonderful traits. I'm delighted that he will continue to be actively engaged with Nevada State Bank in a senior role as we undergo this management transition."

Commenting on his appointment, Mr. Haun stated, "Nevada is arguably the nation's most dynamic market, and Nevada State Bank is uniquely positioned to provide the strength of both community bank relationships and large bank products to its customers. I am looking forward to working with Nevada State Bank's strong management team and employees to continue building this extraordinary bank."

Mr. Martin stated, "What a great privilege it has been to serve with the fabulous staff of Nevada State Bank who I say with great pride, never lost sight first and foremost of the importance of treating everyone with respect. The by-product of this attitude has been the creation of this premier banking company famous for concern for customers. Dallas Haun brings with him the same beliefs and values and is the perfect choice to lead this company forward. My role as chairman will be to continue to focus on customer contacts and community relationships, a role I thoroughly enjoy."

Nevada State Bank, with assets over $4.0 billion, is the fourth largest commercial bank in Nevada. Established in 1959, it is the oldest state-chartered bank in Nevada with a total of 74 branches statewide. Many of these branches are conveniently located in Smith's Food & Drug Stores, which are open on evenings and weekends. Nevada State Bank is a full-service bank offering a complete range of consumer and business services. For more information on Nevada State Bank, call 800-727-4743 or access www.nsbank.com.

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 over 500 offices and approximately 600 ATMs 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 http://www.zionsbancorporation.com.
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