Zions Bancorporation Pension Plan

Zions Bancorporation Pension Plan

Zions Bancorporation Pension Plan was established to deliver retirement benefits to eligible employees of the parent bank. No separate founding date or wealth-origin family is disclosed. The plan deploys capital into residential real estate and venture strategies. Confirmed positions include Perpetual Housing Fund of Utah, Dallas Housing Opportunity Fund, and Farragut SBIC Fund III LP. It also holds interests in Renovus Capital Partners III and Local Initiatives Support Corporation. Allocations span Utah, Texas, and the broader western United States. The plan reports $3B in assets. It maintains a relationship with Fidelity Management Trust Company as trustee since 2018 and Ernst & Young as auditor since 2000. The Zions Bancorporation Foundation serves as the parent’s philanthropic vehicle with $12.6M in annual giving focused on education and community development. September 2023 records show continued sponsorship of the Silicon Slopes Tech Summit. The plan operates as a corporate pension vehicle under the parent bank’s governance structure rather than an independent family office. Oversight ties directly to Zions Bancorporation board members who also manage the bank’s operating businesses.