Free Writing Prospectus

Free Writing Prospectus

(To the Prospectus dated March 31, 2009, as

supplemented by the prospectus supplement

dated December 6, 2010)

 

Filed Pursuant to Rule 433

Registration Statement No. 333-158319

February 11, 2011

 

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Zions Bancorporation Senior Note / 1 Year Corporates BBB- (Fitch); BBB (low) (DBRS); and BBB- (Standard & Poor’s).

Buy Today! Information Price: 100.000

Yield: 2.75%

Auction Information Issue Information

Auction Start: 2/11/2011 8:00 AM EST Security Type: Corporate Bonds

Auction End: 2/16/2011 1:30 PM EST Issue Type: Primary

Last Update: 2/11/2011 12:41:13 PM EST Coupon: 2.750%

Auction Status: Accepting Bids Maturity Date: 2/15/2012

Call Feature: Non-callable

Bidding Information Settlement Date: 2/22/2011

Number of Bidders: 1 First Interest Date: 8/15/2011

Number of Bids: 1 Int. Accrual Date: 2/15/2011

Current Market-Clearing 98.000 Int. Frequency: Semi-Annually

Price: Day Basis: 30/360 (353 days)

Current Market-Clearing 4.863% Principal Offered: $ 1,500,000.00

Yield*:

Units Offered: 1500

Denomination: $ 1,000.00

Min. Price: 98.000

Max. Price: 102.000

Min. Yield: 0.700%

Max. Yield: 4.863%

Documents: Offering Documents

Before submitting bids in this auction you must Register or Sign In.

Note: This page will check for updates every minute.

Zions Bancorporation has filed a registration statement (Registration Statement No. 333-158319, including a prospectus)

with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus

dated March 31, 2009 contained in that registration statement, the prospectus supplement dated December 6, 2010 and

other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation

and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting

EDGAR on the SEC Web site at www.sec.gov. Alternatively, Zions Bancorporation or a representative will arrange to send

you the prospectus and other documents Zions Bancorporation has filed with the SEC if you request it by calling toll free

(800) 524-8875.

Please direct questions regarding the website or bidding procedures to the Auction Administrator.

You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.

*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other

yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the

time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until

maturity.

Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits

Securities products and services offered by Zions Direct, Member FINRA/SIPC, a non-bank subsidiary of Zions Bank.

Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an

affiliate in the auction which may benefit the affiliated issuer.

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Home » Auction #2512

Bidding Qualification

Zions Bancorporation Senior Note / 1 Year Corporates BBB- (Fitch); BBB (low) (DBRS); and BBB- (Standard & Poor’s).

Please confirm your agreement with each of the following by checking the box next to each statement.

ZIONS BANCORPORATION

????? I agree that the following contact information is correct:

Name: John Smith

E-mail: john.smith@ email.com

Telephone: 212-121-2121

????? I have accessed or received the Offering Documents.

????? I understand that the Corporate Notes that I am bidding for are securities and are not insured by the FDIC, are not

deposits of any bank and may lose value. All securities are subject to investment risks, including possible loss of the

principal invested.

????? By participating in this auction, I declare that my investment objective(s), time horizon and risk tolerance allow for the

purchase of the securities being offered. Furthermore, I authorize Zions Direct to update my investor profile, if needed,

to align my profile with this purchase.

????? I understand that these securities involve accrued interest, which I will be responsible to pay if I am awarded any of

the securities.

????? I understand that Zions Direct is committed to conducting fair, open, and transparent auctions for the benefit of all

participants. Zions Direct will not tolerate or conduct business with anyone who attempts to disrupt or manipulate the

process for any auction. I agree that by participating in this auction I will not be engaging in any such attempt.

I Agree I DO NOT Agree

Zions Bancorporation has filed a registration statement (Registration Statement No. 333-158319, including a prospectus)

with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus

dated March 31, 2009 contained in that registration statement, the prospectus supplement dated December 6, 2010 and

other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation

and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting

EDGAR on the SEC Web site at www.sec.gov. Alternatively, Zions Bancorporation or a representative will arrange to send

you the prospectus and other documents Zions Bancorporation has filed with the SEC if you request it by calling toll free

(800) 524-8875.

Please direct questions regarding the website or bidding procedures to the Auction Administrator.

You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.

*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other

yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the

time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until

maturity.

Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits

Securities products and services offered by Zions Direct, Member FINRA/SIPC, a non-bank subsidiary of Zions Bank.

Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an

affiliate in the auction which may benefit the affiliated issuer.

Other Products | Contact Us | About Us | Site Map | Privacy Policy | Terms and Conditions

ZIONS DIRECT AUCTIONS

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Home » Auction #2512

Bid Page

Zions Bancorporation Senior Note / 1 Year Corporates BBB- (Fitch); BBB (low) (DBRS); and BBB- (Standard & Poor’s).

ZIONS BANCORPORATION

Auctions

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Auction Information Issue Information

Auction Start: 2/11/2011 8:00 AM EST Security Type: Corporate Bonds

Auction End: 2/16/2011 1:30 PM EST Issue Type: Primary

Last Update: 2/11/2011 12:45:31 PM EST Coupon: 2.750%

Auction Status: Accepting Bids Maturity Date: 2/15/2012

More

Bidding Information

Buy Today! Information

Price: 100.000

Yield: 2.75%

PUBLIC_VIEW Current Market-Clearing Price: 98.000

Current Market-Clearing Yield*: 4.863%

Units Price—OR—Yield Submitted “In the Money”

Buy Today! 100.000 2.750%

The Buy Today! sale closes on 2/16 at 12:00 AM ET. 500 / 500 units remaining.

Auction Bids

1%

2%

3%

4%

5%

Bid Limit: $ 1,000.00 Calculate/Refresh Submit

Note: This page will check for updates every minute.

Zions Bancorporation has filed a registration statement (Registration Statement No. 333-158319, including a prospectus)

with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus

dated March 31, 2009 contained in that registration statement, the prospectus supplement dated December 6, 2010 and

other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation

and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting

EDGAR on the SEC Web site at www.sec.gov. Alternatively, Zions Bancorporation or a representative will arrange to send

you the prospectus and other documents Zions Bancorporation has filed with the SEC if you request it by calling toll free

(800) 524-8875.

Please direct questions regarding the website or bidding procedures to the Auction Administrator.

You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.

*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other

yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the

time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until

maturity.

Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits

Securities products and services offered by Zions Direct, Member FINRA/SIPC, a non-bank subsidiary of Zions Bank.

Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an

affiliate in the auction which may benefit the affiliated issuer.

Other Products | Contact Us | About Us | Site Map | Privacy Policy | Terms and Conditions

ZIONS DIRECT AUCTIONS

POWERED BY

GRANT STREET GROUP

SOFTWARE THAT WORKS

SECURED BY ENTRUST SSL


LOGO

 

PUBLIC_VIEW :: MY ACCOUNT | SIGN OUT | CONTACT US

Home » Auction #2512

Auctions

View current auctions

Results Archive

View the results of completed auctions

FDIC-Insured CDs Municipal Bonds Corporate Bonds US Agencies Stock Warrants Issuers University

Learn more about our auctions Demos Practice bidding in our trial auctions Think My Account

Please review and confirm the bids below

Confirm Bid Submission

Zions Bancorporation Senior Note / 1 Year Corporates

BBB- (Fitch); BBB (low) (DBRS); and BBB- (Standard & Poor’s).

Bidder Bid # Units @ Price Yield Max. Award Max. Amt. Due Status

PUBLIC_VIEW 1 1 @ 100.000 2.750% 1 $ 1,000.00 NEW

I understand that I could win as many as 1 unit, at a total cost of

Bid Limit: $ 1,000.00 up to $ 1,000.00. I also understand that if awarded, I will be

responsible for Accrued Interest of $ 0.53 on my award.

Cancel Submit

Zions Bancorporation has filed a registration statement (Registration Statement No. 333-158319, including a prospectus)

with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus

dated March 31, 2009 contained in that registration statement, the prospectus supplement dated December 6, 2010 and

other documents Zions Bancorporation has filed with the SEC for more complete information about Zions Bancorporation

and this offering. You may get these documents and other documents Zions Bancorporation has filed for free by visiting

EDGAR on the SEC Web site at www.sec.gov. Alternatively, Zions Bancorporation or a representative will arrange to send

you the prospectus and other documents Zions Bancorporation has filed with the SEC if you request it by calling toll free

(800) 524-8875.

Please direct questions regarding the website or bidding procedures to the Auction Administrator.

You may also call our Investment Center at 800-524-8875 from 8am to Midnight Eastern Time.

*The current Market-Clearing Yield/Final Auction Yield is calculated as Yield to Worst (YTW) which is the lowest yield of yield to maturity, yield to call, yield to put, or other

yields when a bond is callable, puttable, exchangeable, or has other features. If a bond is called, put or exchanged before maturity, the bondholder only earns interest on the

time that has elapsed between purchasing the bond and its early redemption. The resulting yield is less than what would have been earned had the bond been held until

maturity.

Investment Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Bank Deposits and Certificates of Deposit (CDs) are FDIC Insured up to Applicable Limits

Securities products and services offered by Zions Direct, Member FINRA/SIPC, a non-bank subsidiary of Zions Bank.

Affiliates of Zions Bank or other issuers may purchase CDs or securities through the auction process. The market clearing yield may be lower due to the participation of an

affiliate in the auction which may benefit the affiliated issuer.

Other Products | Contact Us | About Us | Site Map | Privacy Policy | Terms and Conditions

ZIONS DIRECT AUCTIONS

POWERED BY

GRANT STREET GROUP

SOFTWARE THAT WORKS

SECURED BY ENTRUST SSL