Bible Money Matters

Christian personal finance

Menu
    • About
    • Archives
    • Contact
    • Close
  • Making Money
      • Popular Articles

        • 50 Ways To Make Money: Maximizing, Creating And Increasing Your Income
        • 10 Weird And Unconventional Ways To Make Money
        • Making Money With A Blog (e-Book)
        • 10 Places To Sell Or Trade Your Unused (Or Broken) Electronics
        • Ways To Make Extra Money Series: 20 More Income Generating Ideas From Our Readers
        • Making Side Income Can Help Blunt The Impact Of Becoming A One Income Family
        • Earn Cash Back With Discover it® Credit Card
      • Recent Articles – Making Money

        • Best Sites Like Fiverr To Make Money As A Freelancer
        • 13 Of The Best Independent Contractor Jobs
        • 25 Of The Best Gig Economy Jobs
        • How To Make Money Blogging: Turn A Blog Into A Business
      • Categories

        • Making Money
        • Investing
        • Retirement
        • Jobs & Work LIfe
        • Money
        • Income
    • Close
  • Saving Money
      • Popular Articles

        • 50 Easy Ways To Save Money Every Month
        • 10 Weird And Unconventional Ways To Save Money
        • 10 Practical Ways To Save Money And Increase Your Net Worth
        • How To Save Money On Just About All Of Your Regular Monthly Bills
        • Ways To Watch TV Without Paying An Arm And A Leg For Cable TV
        • Save Money On Your Hospital Bill - Just By Asking
      • Recent Articles – Saving Money

        • Living Stingy: 13 Tips For Spending Less
        • How To Save $100k In 7 Practical Steps
        • Stairs App Review: Save And Invest To Earn 4-6% Interest
        • Honey Review: Save Money Automatically When You Shop Online
      • Categories

        • Saving Money
        • Frugality
        • Planning
        • Finance
        • Saving For Retirement
        • Savings Accounts
    • Close
  • Banking
      • Best Rates For 2019

        • Best Credit Cards
        • Best Savings Accounts
        • Best Mortgage Rates
        • Best CD Rates
        • Best Brokerages
        • Free Credit Scores
      • Recent Reviews

        • M1 Finance Review: Free Trading App And Automated Investing
        • Tablo 4th Gen Over-The-Air DVR Review: The Best Device For Cord Cutters
        • TradeStation Review: Commission Free Stock And ETF Trades
        • Firstrade Review: Commission Free Trades on Stocks, Crypto, And Options
      • Categories

        • Bank & Software Reviews
        • Investing
        • Credit
        • Banking
        • Mortgage
        • Insurance
        • Family Budget
    • Close
  • Recommended
  • Video
    • Close

Zions Bank Review: High Yield Savings, Checking, Money Market Accounts

By Peter Anderson 3 Comments - The content of this website often contains affiliate links and I may be compensated if you buy through those links (at no cost to you!). Learn more about how we make money. Last edited April 21, 2011.

Share
Pin
Tweet25
Share5
30 Shares

Because I’m a personal finance blogger I try to stay on top of what banks are out there, what the best bank rates are on high yield savings accounts, and what banks tend to have the best customer service and online tools. I’ve written about quite a few banks here, including the one we currently have our cash stashed at, Ally Bank (Although we do have an account with ING Direct as well).

Up until a couple of months ago one bank that I had never heard of, however, was Zions Bank. At first I thought that maybe they were a newer bank trying to capitalize on the slow savings market, but then after doing some research I found that they’ve been around since 1873.  So they’re definitely not a flash in the pan.  After doing a little more research I found that they’ve got a decent slate of offerings, so I thought that I’d do a review of them here.

Quick Navigation

  • Zions Bank History
  • Is Putting My Money With Zions Bank Safe?
  • Zions Bank Account Types
    • Zions Bank Savings Account
    • Zions Bank Checking Account
    • Zions Bank Money Market Account
  • Opening An Account With Zions Bank
  • Zions Bank Mobile Banking
  • Conclusion

Zions Bank History

From Wikipedia:

Zions Bank (Zions First National Bank) is an American bank, and a subsidiary of Zions Bancorporation. According to the company, it is the oldest financial institution in Utah.  The bank has 103 full-service branches and 150 ATMs, and over 2,700 employees in both Utah and Idaho

Zion’s Savings Bank and Trust Company was started by Brigham Young on July 10, 1873. This became Utah’s first chartered savings bank and trust company.

On April 22, 1960, The Church of Jesus Christ of Latter-day Saints decided to sell a majority of Zions First National Bank to Keystone Insurance and Investment Company. Zions First National Investment Company became the majority owner of the bank stock in Nevada on February 17, 1961. Still under the control of the Keystone group, the investment company became Zions Bancorporation in 1965. Zions Bancorporation went public for the first time in January 1966. There were some minority shareholders of Zions First National Bank, but in April 1972 all of the remaining shares were exchanged for Zions Bancorporation shares.

Is Putting My Money With Zions Bank Safe?

With Zions Bank your money will be safe and sound because the bank is FDIC insured. If you deposit your money and the bank goes under, you’ll be fine – as long as you don’t have more deposited than the FDIC insurance will cover. Currently that amount is $250,000 per depositor.  I would never even consider a bank unless they were FDIC insured.

Zions Bank Account Types

Zions Bank has several different account types that you can get, but I’ll focus on three of them here – their savings, checking and money market accounts.

Zions Bank Savings Account

The minimum to open a savings account is $100, which is about standard for a lot of these accounts.  One thing that should be noted is that you’ll need to maintain a minimum balance of $1,000 in order to receive the maximum interest rate.  That rate is currently at 1.01% APY – easily among the top interest rates in the nation as of the day this post was written.

Zions Bank Checking Account

Zions bank has several checking account flavors – one for whatever your tastes are.  They have options with great perks, ones with a good interest rate or no fees.  Their three most popular checking account options include:

  • Gold Account Checking – While this account has a $10/month fee associated with it, it has a bunch of services included.  Among them are unlimited check writing, free personalized checks and better rates on a variety of savings accounts. You even get a discount on most consumer loans if you are already a Gold Account Checking customer.  There is a $100 minimum deposit
  • Free Checking – This is the standard free checking account with no monthly free, and a $100 minimum deposit.
  • Free Interest Checking – This account will earn some interest along with giving you free checking, although it may not have all of the options of the other account.  Direct deposit is required and there is a  $100 minimum deposit.

Zions Bank Money Market Account

This account type is going to be similar to the online savings account.  Sometimes a money market account will give you a better rate, but this particular one currently has the same 1.01% rate.  Among the provisions of this account type is a $3 fee for withdrawals at a teller window, and that you can make up to six transfers within a 30-day period.  There is an initial minimum deposit of $2,500.

Opening An Account With Zions Bank

Opening an account with Zions bank sounds like a simple 5 step process.  You’ll select the account type that you want along with if you’ll have a joint account holder.  Then you’ll enter your personal information including full name, date of birth and social security number.  Next you’ll choose account options and setup a linked account to fund your savings.  After entering some final details you’ll receive confirmation of how to use your new account once it is approved.  I’m told that your application for an account will be processed within two days and you’ll then be able to proceed and login online.

Sounds like a piece of cake!!

Open your account with Zions Bank. Click here for details!

Zions Bank Mobile Banking

Zions Bank mobile banking service allows you to bank anytime, anywhere from your smartphone or mobile device. You can securely access your checking, savings or money market accounts to:

  • View account balances
  • Search account activity
  • Transfer funds

There are apps for Iphone, Ipod Touch, in addition to a ton of other smartphones.  As always, please be careful when using mobile banking.

Conclusion

At the time that I wrote this, Zions Bank has some of the highest interest rates in the country and all of their accounts are FDIC insured. Add to that their other solid account options, mobile banking, no fees or minimums, good security and solid history, you’ve got a bank you can count on.

If you’re looking for a good high yield savings account where you can put your money, I think Zions Bank should be near the top of your list.  To check out the details of their accounts, click on the links below.

  • Zions Bank Savings
  • Zions Bank Checking
  • Zions Bank Money Market Account

Do you have any experience with Zions Bank? Are you using them, and how do you like them? What are the pros and cons of their accounts? Leave us a note in the comments!

Related Posts

  • EverBank Bank Review: High Yield Savings Account

    If you’re looking for a good high yield savings account where you can put your money, I think EverBank should be near the top of…

  • Discover Bank Review: High Yield Savings Account

    Discover Bank has some of the highest interest rates in the country and all of their accounts are FDIC insured. They definitely have a solid…

  • American Express Bank Savings Review: High Yield Savings Account

    American Express has been around for 160+ years, has one of the most recognizable brands in the world and now savings accounts as well!

Share
Pin
Tweet25
Share5
30 Shares
Last Edited: 21st April 2011 The content of biblemoneymatters.com is for general information purposes only and does not constitute professional advice. Visitors to biblemoneymatters.com should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.

This article is about: Banking, Review

About Peter Anderson

Peter Anderson is a Christian, husband to his beautiful wife Maria, and father to his 2 children. He loves reading and writing about personal finance, and also enjoys a good board game every now and again. You can find out more about him on the about page. Don't forget to say hi on Pinterest, Twitter or Facebook!

Comments

    Share Your Thoughts: Cancel reply

  1. The Prudent Planner says

    I think any online bank with an iphone app is worth looking into, great find! I can’t imagine what it would be like not to bank online, how did my parents ever do it bank in the day.

    Reply
  2. Brad says

    I use a bank called First Clover Leaf Bank –checking account– and I get 3.85 rate-
    2 direct deposits and 12 ATM each month required. No fees for the checking account.

    Reply
  3. Jesse says

    I used to work for Zions, it’s a great bank. They have been doing well and have been expanding continually for years and years. Internally, they are a tight ship. The policies there are strict and have no variance.

    Reply
Previous Post: How To Find Your Unclaimed Money
Next Post: Stockpiling And Buying In Bulk: Benefits And Drawbacks
Discover Investment Platforms

Popular Posts

  • 21 Easy Ways To Earn Free Amazon Gift Cards
  • 10 Best Free Tax Filing Services And Software Online
  • 21 Apps That Pay You Real Money Fast
  • 17 TV Apps And Live TV Streaming Services To Watch TV Free
  • 30 Legit Online Jobs That Pay Well
  • 37 Easy Ways To Get Free Gift Cards
  • How To Get Free Stock
  • 40 Easy Ways To Get Free Money Fast
  • 21 Places To Read Free Books Online
  • 24 Legit Online Jobs
  • 17 Best Work From Home Jobs: A List Of Legit Online Jobs That Pay Well

Recent Posts

  • A Eulogy And A Remembrance Of My Dad, Mark Lloyd Anderson
  • Why Do We Celebrate Our Independence On The Fourth Of July?
  • Enjoy Your Memorial Day But Let’s Remember Those Who Gave The Ultimate Sacrifice
  • 25 Bible Verses For A Happy New Year!
  • Merry Christmas To One And All: The Original Christmas Story
  • 401k Contribution Limits And Rules
  • Traditional And Roth IRA Contribution Limits Announced
  • M1 Finance Review: Free Trading App And Automated Investing
  • Tablo 4th Gen Over-The-Air DVR Review: The Best Device For Cord Cutters
  • Living Stingy: 13 Tips For Spending Less

Disclaimer

The information contained in BibleMoneyMatters.com is for general information or entertainment purposes only and does not constitute professional financial advice. Please contact an independent financial professional for advice regarding your specific situation.

In accordance with FTC guidelines, we state that we have a financial relationship with some of the companies mentioned in this website. This may include receiving access to free products and services for product and service reviews and giveaways.

Any references to third party products, rates, or websites are subject to change without notice. We do our best to maintain current information, but due to the rapidly changing environment, some information may have changed since it was published. Please do the appropriate research before participating in any third party offers.

Amazon and the Amazon logo are trademarks of Amazon.com, Inc. or its affiliates.

We respect your privacy: Privacy Policy.

Thanks for visiting!

Bible Money Matters - Seen On These Sites and more..
Bible Money Matters is a personal finance, entrepreneurship and investing community. Give more, save more and live more.

Copyright © 2025 · Bible Money Matters | Sitemap | Advertise | Privacy Policy