http://en.wikipedia.org/wiki/Zions_Bancorporation
In September 2008, one of Zions’ subsidiaries, Nevada State Bank, acquired the insured deposits of failed Silver State Bank, which was closed by Nevada state officials. Silver State was the 11th bank to fail in 2008.
On August 31, 2010, Zions Bancorp announced the sale of its NetDeposit subsidiary to BankServ in a primarily cash transaction. The NetDeposit unit’s primary business was remote deposit, along with associated check and credit card processing services.
As of March 2012, Zions owed $700 Million to the US government Troubled Asset Relief Program.[4] On Sept. 26, 2012, Zions Bancorporation redeemed its final $700 million of TARP shares. The shares were redeemed at the full face value (no discount).[5]
http://en.wikipedia.org/wiki/Zions_Bancorporation
In September 2008, one of Zions’ subsidiaries, Nevada State Bank, acquired the insured deposits of failed Silver State Bank, which was closed by Nevada state officials. Silver State was the 11th bank to fail in 2008.
On August 31, 2010, Zions Bancorp announced the sale of its NetDeposit subsidiary to BankServ in a primarily cash transaction. The NetDeposit unit’s primary business was remote deposit, along with associated check and credit card processing services.
As of March 2012, Zions owed $700 Million to the US government Troubled Asset Relief Program.[4] On Sept. 26, 2012, Zions Bancorporation redeemed its final $700 million of TARP shares. The shares were redeemed at the full face value (no discount).[5]